Sequential Brand Portfolio Tends To Be Improved For Profitability.

The brand management company Sequential, which has been talking about these days, has a stronger growth power compared with other brand management companies. Recently released a quarterly earnings report Sequential Brands It also shows that Brand combination Rationality and the beneficial side of diversification.

It is reported that in the first quarter of March 31, 2016, the total revenue of Sequential Brands recorded a huge increase of 130% to US $34 million, which is much better than that of the US $13 million 600 thousand over the same period last year.

Brand portfolio tends to be improved for profitability, helping Sequential rise in the first quarter and raise annual expectations.

In addition, net income Compared to the same period last fiscal year, the $13 million rose sharply to $25 million, and the diluted earnings per share rose by 10 basis points to $0.04 from $0.03.

In this regard, the group's annual expectations have been raised. The annual revenue rose from $145 million to $150 million to $150 million - 155 million, while the core profit EBITDA rose from $83 million to $87 million to $92 million 500 thousand to $95 million.

In addition, in order to complement the brand portfolio, Sequential Brands recently acquired Yoga brand GAIGM and Italy's top brand Costume National.