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Stock impact report

Xcel Brands Q3 Loss Narrower Than Expected, Sales Tumble 28% Y/Y [Yahoo! Finance]

Xcel Brands, Inc (XELB) 
NASDAQ:AMEX Investor Relations: ir.xcelbrands.com/press-releases
Company Research Source: Yahoo! Finance
XELB delivered third-quarter 2024 results, with the bottom line faring better than the Zacks Consensus Estimate and the year-ago quarterly number. However, the year-over-year decline in revenues was a disappointment. The third quarter results reflect continued improvements in operating performance despite the industry headwinds. Growth in key retail partnerships and a strong pipeline of planned new brand launches in 2025 position the company well for future developments in the retail sector. Xcel Brands, Inc Price, Consensus and EPS Surprise Xcel Brands, Inc Price, Consensus and EPS Surprise Xcel Brands, Inc price-consensus-eps-surprise-chart | Xcel Brands, Inc Quote XELB's Quarterly Performance Xcel Brands, a media and consumer products company, posted an adjusted loss of 6 cents per share in the quarter under review. The reported figure was narrower than the Zacks Consensus Estimate of a loss of 12 cents. Also, the bottom line improved from an adjusted loss of 15 cents r Show less Read more
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