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Iconix Brand Group Inc (ICON.OQ)

ICON.OQ on NASDAQ Stock Exchange Global Select Market

6.18USD
26 May 2017
Change (% chg)

$0.00 (+0.00%)
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Open
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Volume
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Latest Key Developments (Source: Significant Developments)

Iconix Q1 non-gaap earnings per share $0.21 from continuing operations
Wednesday, 10 May 2017 07:40am EDT 

May 10 (Reuters) - Iconix Brand Group Inc :Iconix brand group reports first quarter 2017 financial results.Q1 non-gaap earnings per share $0.21 from continuing operations.Q1 gaap earnings per share $0.06 from continuing operations.Q1 earnings per share view $0.22 -- Thomson Reuters I/B/E/S.Sees fy 2017 revenue about $235 million to $245 million.Sees fy 2017 non-gaap earnings per share $0.70 to $0.85.Sees fy 2017 gaap earnings per share $0.29 to $0.44.Q1 non-gaap earnings per share $0.34.Iconix brand group inc - maintains fy non-gaap eps and free cash flow guidance.Iconix brand group inc - reports q1 2017 comparable revenue down 11%.Fy2017 earnings per share view $0.80 -- Thomson Reuters I/B/E/S.Iconix brand - in 2017, expects to realize $28 million or $0.51 of earnings per diluted share of tax savings related to amortization of some assets.Iconix brand group inc - for q1 of 2017, licensing revenue was $58.7 million, a 13% decline as compared to $67.7 million in prior year quarter.  Full Article

Iconix Brand Group announces sale of peanuts and strawberry shortcake brands
Wednesday, 10 May 2017 07:00am EDT 

May 10 (Reuters) - Iconix Brand Group Inc : :Iconix brand group announces sale of peanuts and strawberry shortcake brands.Iconix Brand Group Inc- deal for for $345 million in cash,.Iconix Brand Group - intends to use net proceeds from transaction plus additional cash on balance sheet to pay down approximately $362 million of debt.Expects elimination of earnings from entertainment segment to be offset by interest savings from reduction of debt.To use net proceeds from transaction plus additional cash on balance sheet to pay down approximately $362 million of debt.Iconix Brand-definitive agreement to sell its interest in peanuts and strawberry shortcake brands to dhx media; deal expected to close by end of Q2.  Full Article

DHX Media to buy entertainment division of Iconix Brand
Wednesday, 10 May 2017 06:30am EDT 

May 10 (Reuters) - Dhx Media Ltd ::Signed a definitive agreement to acquire the entertainment division of Iconix Brand Group Inc.The total purchase price for acquisition is us$345 million.Transaction would be 6-10% accretive to earnings per share and 25 pct -30 pct accretive to free cash flow per share, on a pro forma basis.Purchase price for deal to be paid through cash on hand, new debt financing facility, private placement offering of subscription receipts.As part of refinancing related to the deal, DHX Media will redeem its 5.875 pct senior unsecured notes due Dec. 2, 2021.  Full Article

Iconix Brand Group reports Q4 & FY 2016 results
Wednesday, 22 Feb 2017 04:40pm EST 

Iconix Brand Group Inc : Iconix Brand Group reports financial results for the fourth quarter & full year 2016 . Sees FY 2017 non-GAAP earnings per share $0.70 to $0.85 . Sees FY 2017 GAAP earnings per share $0.43 to $0.58 . Q4 non-GAAP earnings per share $0.38 . Sees FY 2017 revenue about $350 million to $365 million . Q4 earnings per share view $0.10 -- Thomson Reuters I/B/E/S . Iconix Brand -for Q4 of 2016, licensing revenue was approximately $87.1 million, an 8 percent decline as compared to $94.7 million in prior year quarter . Iconix Brand Group Inc says in Q4 of 2016 there was a slight positive impact from foreign currency exchange rates primarily related to yen . GAAP diluted EPS for Q4 of 2016 reflects a loss of approximately $5.30 . Expects to generate free cash flow in 2017 of approximately $105 million to $125 million .Iconix brand group - in Q4 2016, to recognize non-cash impairment charge which is currently estimated by management to be approximately $443 million.  Full Article

Iconix Brand Group reports agreement to divest Sharper Image brand
Friday, 30 Dec 2016 08:00am EST 

Iconix Brand Group Inc : Iconix Brand Group Inc - deal for $100 million in cash . Iconix Brand Group Inc - plans to use net proceeds from this transaction plus additional cash to pay down approximately $115 million of debt . Iconix Brand Group Inc says for 2017, company expects net impact of sale of sharper image brand and repayment of debt to be neutral to earnings . Iconix Brand Group Inc- transaction is not reflected in company's current guidance . Iconix Brand Group announces agreement to divest sharper image brand . Iconix Brand Group Inc - for 2017, company expects net impact of sale of sharper image brand and repayment of debt to be neutral to earnings . Iconix Brand Group Inc - "for 2017, company expects net impact of sale of sharper image brand and repayment of debt to be neutral to earnings" . Iconix Brand Group Inc- company expects to record a gain on the transaction .Iconix Brand Group announces agreement to divest sharper image brand.  Full Article

Joseph Huber reports 12.64 pct stake in Iconix Brand Group
Friday, 12 Aug 2016 05:46pm EDT 

Iconix Brand Group Inc :Joseph R. Huber reports 12.64 pct stake in Iconix Brand Group as of August 12, 2016 - SEC Filing.  Full Article

Iconix Brand Group Q2 non-GAAP earnings per share $0.27
Thursday, 4 Aug 2016 04:02pm EDT 

Iconix Brand Group Inc Sees FY GAAP Diluted Eps $0.93 : Q2 non-GAAP earnings per share $0.27 . Iconix Brand Group reports financial results for the second quarter 2016 . Q2 GAAP earnings per share $0.23 . $1.08 . $184 million . Increasing 2016 GAAP diluted eps guidance by $0.22 to reflect an $8.5 million gain related to repurchase of portion of 2018 convertible notes .Increasing its 2016 free cash flow guidance by $14 million primarily to reflect sale of company's stake in Ed Hardy brand in China..  Full Article

Iconix Brand Group lowers 2016 forecast
Monday, 13 Jun 2016 08:00am EDT 

Iconix Brand Group Inc : Iconix Brand Group Inc says company is revising down its 2016 gaap diluted EPS guidance by $0.04 to a range of $0.71 to $0.86 . Says Company Is Revising Down Its 2016 Non-Gaap diluted EPS guidance by $0.09 to a range of $1.06 to $1.21 . Fy2016 earnings per share view $1.27 -- Thomson Reuters I/B/E/S .Iconix brand group repurchases up to $105 million of its 2018 convertible notes.  Full Article

Iconix Brand Group, Inc announces $300 million term loan
Monday, 7 Mar 2016 08:00am EST 

Iconix Brand Group, Inc:Has entered into a new five-year $300 million senior secured term loan credit facility provided by credit funds managed by affiliates of Fortress Investment Group LLC.New term loan will bear interest at libor+10% per annum, payable quarterly with a 1.50% floor on libor.  Full Article

Iconix Brand Group Inc sells luxury brand badgley Mischka
Wednesday, 2 Mar 2016 08:00am EST 

Iconix Brand Group Inc:Sold rights to Badgley Mischka IP to Titan Industries Inc in partnership with brand's founders, Mark Badgley and James Mischka, apparel licensee MJCLK LLC for $16 million in cash.Expects to record a gain related to this sale in the first quarter of 2016.  Full Article

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