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Sequential Brands Group Inc (SQBG.OQ)

SQBG.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

Sequential enters long-term license agreement with SPR Indústria De Confecção
Wednesday, 8 Mar 2017 08:30am EST 

Sequential Brands Group Inc : Sequential Brands Group Inc - entered into a long-term license agreement with SPR Indústria De Confecção Ltda. . Sequential Brands Group- SPR Sports will manufacture and distribute collection of active apparel, footwear, accessories for AND1, Avia and Dvs brands .Sequential Brands Group-new collections to be introduced in late 2017 through netshoes followed by rollout to sporting goods stores beginning early 2018.  Full Article

Sequential Brands reports Q4 GAAP loss per share $0.02
Thursday, 2 Mar 2017 08:00am EST 

Sequential Brands Group Inc : Sequential Brands Group announces fourth quarter and full year 2016 financial results . Q4 non-GAAP earnings per share $0.12 . Q4 GAAP loss per share $0.02 . Q4 revenue $45.4 million versus I/B/E/S view $49 million . Q4 earnings per share view $0.15 -- Thomson Reuters I/B/E/S . Sees FY 2017 revenue $170 million to $175 million . Sequential Brands Group Inc says for year ending December 31, 2017, company is expecting GAAP net income of $19.3 million to $21.9 million . Sequential Brands Group Inc says for year ending December 31, 2017, company is expecting $98 million to $102 million of adjusted EBITDA . Sequential Brands Group - renewed Martha Stewart Brand's multi-year agreement with Macy's, exclusive u.s. Retailer for Martha Stewart collection . Sequential Brands Group Inc says contractual guaranteed minimum royalties for 2017 are approximately $120 million . Sequential Brands Group - expects revenue for 2017 to be weighted to third and fourth quarter's due to seasonality in businesses of many of company's licensees .Fy2017 revenue view $177.2 million -- Thomson Reuters I/B/E/S.  Full Article

Sequential Brands and Michaels Cos announce partnership for Martha Stewart Crafts brand
Thursday, 2 Mar 2017 07:30am EST 

Sequential Brands Group Inc : Sequential Brands Group and the Michaels Companies announce new partnership for Martha Stewart Crafts™ brand . Sequential Brands - Martha Stewart Crafts will be conceived, designed by Martha Stewart & exclusively manufactured, distributed through Michaels' Darice .New Martha Stewart Crafts product assortment will be available at all Michaels stores beginning late 2017.  Full Article

Sequential Brands Group expands Martha Stewart brand to Korea
Tuesday, 27 Sep 2016 07:00am EDT 

Sequential Brands Group Inc :Sequential Brands Group expands Martha Stewart brand to Korea.  Full Article

Sequential Brands Q2 non-GAAP earnings of $0.06/share
Thursday, 28 Jul 2016 08:00am EDT 

Sequential Brands Group Inc: Sequential Brands Group announces 2016 second quarter financial results . Q2 non-GAAP earnings per share $0.06 . Q2 GAAP earnings per share $0.00 . Q2 revenue $34.2 million versus i/b/e/s view $31.2 million . Q2 earnings per share view $0.04 -- Thomson Reuters I/B/E/S . Sees FY 2016 revenue $155 million to $160 million . Reiterating guidance of $155 to $160 million in revenue, GAAP net income of $12.7 to $14.6 million for year ending Dec 31, 2016 . For year ending December 31, 2016, company is reiterating its guidance of adjusted EBITDA of $88.0 to $91.0 million . Anticipates that merger integration with Martha Stewart living Omnimedia will be completed on schedule .Fy2016 revenue view $158.9 million -- Thomson Reuters I/B/E/S.  Full Article

Sequential Brands signs agreement to acquire Gaiam Yoga
Tuesday, 10 May 2016 04:47pm EDT 

Sequential Brands Group Inc : Deal expected to add approximately $22 million of revenue and $20 million of adjusted ebitda on a full year run rate basis . Pro forma annual financial projections being increased to $172 - $177 million of revenue and adjusted ebitda of $112 - $115 million . Post closing, co's total guaranteed minimum royalties expected to increase from approximately $360 million to over $500 million . Acquisition expected to widen adjusted ebitda margin for sequential by more than 300 basis points . Sequential brands group inc says acquisition will be funded by a combination of cash and debt financing . Signed long-term licensing agreements for gaiam's core categories, which will become effective upon closing of deal . Acquisition will be funded by a combination of cash and debt financing .Sequential brands group signs definitive agreement to acquire gaiam yoga brand.  Full Article

Sequential Brands Group Inc reiterates FY 2016 guidance
Wednesday, 24 Feb 2016 07:00am EST 

Sequential Brands Group Inc:Says for FY 2016, the company is reiterating its guidance of $145.0 to $150.0 million in revenue and adjusted EBITDA of $83.0 to $87.0 million.  Full Article

Sequential Brands Group Inc increases FY 2015 guidance
Thursday, 29 Oct 2015 08:00am EDT 

Sequential Brands Group Inc:Increases its FY 2015 projected revenue range from $78.0 - $81.0 million to $81.0 - $83.0 million and is increasing its projected adjusted EBITDA range from $48.5 - $50.5 million to $50.0 - $52.0 million.Says this guidance does not include the pending impact of the acquisition of Martha Stewart Living Omnimedia.  Full Article

Sequential Brands announces closing of Joe's brand acquisition
Monday, 14 Sep 2015 06:00am EDT 

Sequential Brands Group, Inc:Announces closing of joe's brand acquisition.Increasing forward looking twelve month royalty revenue projection to $98 - $100 million and $61 - $63 million of adjusted EBITDA.Sees financial impact of deal to rest of current year to be immaterial; new core license deal to have most of impact in fiscal 2016.Projections,aggregate contractual minimum royalty metrics do not include impact of pending martha Stewart omni living transaction.  Full Article

Sequential Brands Group Inc reaffirms FY 2015 guidance
Thursday, 30 Jul 2015 07:30am EDT 

Sequential Brands Group Inc:Sees FY 2015 revenue guidance of $78.0 - $81.0 million.Sees FY 2015 Adjusted EBITDA of $48.5 - $50.5 million.  Full Article

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