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Iconix Brand Group Inc (ICON.OQ)

ICON.OQ on NASDAQ Stock Exchange Global Select Market

0.12USD
14 Dec 2018
Change (% chg)

$-0.01 (-6.35%)
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$0.11
Volume
324,721
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260,317
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$2.05
52-wk Low
$0.11

Latest Key Developments (Source: Significant Developments)

Iconix Brand Group Says Recently Been Contacted By U.S. Attorney's Office For Southern District Of New York On SEC's Investigation From Dec 2015
Tuesday, 11 Dec 2018 

Dec 10 (Reuters) - Iconix Brand Group Inc ::ICONIX BRAND GROUP - RECENTLY BEEN CONTACTED BY U.S. ATTORNEY'S OFFICE FOR SOUTHERN DISTRICT OF NEW YORK ON SEC'S INVESTIGATION FROM DEC 2015.  Full Article

Iconix Brand Concluded Previously Issued Q1 Financial Statements Should Not Be Relied Upon
Saturday, 10 Nov 2018 

Nov 9 (Reuters) - Iconix Brand Group Inc ::ICONIX BRAND- ON NOV 8,CONCLUDED PREVIOUSLY ISSUED FINANCIAL STATEMENTS FOR Q1 FINANCIAL STATEMENTS SHOULD NO LONGER BE RELIED UPON - SEC FILING.ICONIX BRAND GROUP SAYS Q1 FINANCIAL STATEMENTS SHOULD NO LONGER BE RELIED UPON BECAUSE OF MATERIAL ERROR CONTAINED WITHIN SUCH FINANCIAL STATEMENTS.ICONIX BRAND-FOR 3 MONTHS ENDED MARCH 31, 2018, DILUTED EPS WAS RESTATED FROM PREVIOUSLY REPORTED DILUTED EPS OF $0.51 TO RESTATED DILUTED EPS OF $0.11.  Full Article

Iconix Reports Q3 Non-GAAP EPS $0.02 From Continuing Operations
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Iconix Brand Group Inc ::ICONIX REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER 2018.Q3 NON-GAAP EARNINGS PER SHARE $0.02 FROM CONTINUING OPERATIONS.Q3 REVENUE FELL 13 PERCENT TO $46.2 MILLION.SEARS' BANKRUPTCY ADVERSELY AFFECTING COMPANY'S FINANCIAL PERFORMANCE.FY REVENUE GUIDANCE LOWERED TO $185 MILLION - $195 MILLION.2018 GAAP NET INCOME GUIDANCE LOWERED TO A LOSS OF ABOUT $105 MILLION - $115 MILLION.FULL YEAR NON-GAAP NET INCOME GUIDANCE LOWERED TO $5 MILLION - $15 MILLION.FULL YEAR FREE CASH FLOW GUIDANCE LOWERED TO $40 MILLION - $50 MILLION.AS A RESULT OF SEARS HOLDINGS CORPORATION BANKRUPTCY FILING ON OCTOBER 15, 2018, COMPANY IS LOWERING FULL YEAR GUIDANCE.ICONIX BRAND GROUP - "CRITICALLY EVALUATING OPERATIONAL COST STRUCTURE TO ENSURE IT IS ALIGNED WITH CURRENT LEVEL OF BUSINESS AND NEAR TERM PLANS".Q3 LOSS PER SHARE FROM CONTINUING OPERATIONS $0.01.  Full Article

Iconix Brand Group Says On Oct. 22 David Jones, CFO Of Co Notified Company Of Intention To Resign
Friday, 26 Oct 2018 

Oct 25 (Reuters) - Iconix Brand Group Inc ::ICONIX BRAND GROUP SAYS ON OCT. 22 DAVID JONES, CHIEF FINANCIAL OFFICER OF CO NOTIFIED COMPANY OF INTENTION TO RESIGN - SEC FILING.ICONIX BRAND GROUP - JEFFREY WOOD WILL BE APPOINTED INTERIM CHIEF FINANCIAL OFFICER, EFFECTIVE OCTOBER 29.  Full Article

Iconix Reports Q2 Non-GAAP Earnings Per Share $0.12 From Continuing Operations
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Iconix Brand Group Inc ::ICONIX REPORTS FINANCIAL RESULTS FOR THE SECOND QUARTER 2018.Q2 NON-GAAP EARNINGS PER SHARE $0.12 FROM CONTINUING OPERATIONS.SEES FY 2018 REVENUE $190 MILLION TO $220 MILLION.Q2 REVENUE $50.2 MILLION.QTRLY LOSS PER SHARE $1.26.ANTICIPATING LOW END OF FULL YEAR 2018 NON-GAAP NET INCOME GUIDANCE OF $20 MILLION TO $30 MILLION.REITERATING FULL YEAR 2018 FREE CASH FLOW GUIDANCE.LOSS ON TERMINATION OF LICENSES IN Q2 OF 2018 WAS $5.7 MILLION VERSUS $23.2 MILLION IN Q2 OF 2017.2018 GAAP NET INCOME GUIDANCE NOW A LOSS OF ABOUT $94.4 MILLION TO $104.4 MILLION.DURING QUARTER, RECORDED A NON-CASH TRADEMARK CHARGE OF $73.3 MILLION IN WOMEN'S SEGMENT RELATED TO A WRITE-DOWN IN MOSSIMO TRADEMARK.ICONIX BRAND - RECORDED A NON-CASH GOODWILL IMPAIRMENT CHARGE OF $37.8 MILLION IN WOMEN'S SEGMENT DUE TO IMPAIRMENT OF MOSSIMO TRADEMARK.  Full Article

Iconix Brand Announces Cooperation Agreement With Sports Direct International
Thursday, 26 Jul 2018 

July 26 (Reuters) - Iconix Brand Group Inc ::ICONIX BRAND GROUP ANNOUNCES COOPERATION AGREEMENT WITH SPORTS DIRECT INTERNATIONAL.ICONIX BRAND GROUP - SPORTS DIRECT HAS RIGHT TO APPOINT TWO MEMBERS OF COMPANY'S BOARD OF DIRECTORS.ICONIX BRAND GROUP INC - JUSTIN BARNES, OF IBSL CONSULTANCY LIMITED, APPOINTED TO BOARD.ICONIX BRAND GROUP - JAMES MARCUM, A CURRENT MEMBER OF BOARD, SHALL CONTINUE TO SERVE ON BOARD AS A SPORTS DIRECT DESIGNEE.  Full Article

Sony unit completes acquisition of stake in Peanuts Holdings
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Sony Corp <6758.T>:Says its unit Sony Music Entertainment (Japan) Inc. announced that it has completed the indirect acquisition of 49 percent of the 80 percent equity interest in Peanuts Holdings LLC held by DHX Media Ltd. .  Full Article

Sports Direct Says It Holds 8.9% Stake In Iconix Brand Group, 19.3% Stake In Finish Line
Monday, 30 Apr 2018 

April 30 (Reuters) - Sports Direct International PLC ::NOW HOLDS FOLLOWING ECONOMIC INTERESTS IN US STRATEGIC INVESTMENTS.5,664,115 SHARES IN ICONIX BRAND GROUP INC, REPRESENTING 8.9% OF ISSUED COMMON STOCK.7,957,800 SHARES IN FINISH LINE INC, REPRESENTING 19.3% OF ISSUED COMMON STOCK OF THAT COMPANY.  Full Article

Iconix reports Q3 Non-GAAP Earnings Per Share From Cont Ops $0.24
Saturday, 23 Dec 2017 

Dec 22 (Reuters) - Iconix Brand Group Inc ::ICONIX REPORTS THIRD QUARTER 2017 RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $0.24 FROM CONTINUING OPERATIONS.Q3 REVENUE FELL 12 PERCENT TO $53.2 MILLION.Q3 EARNINGS PER SHARE VIEW $0.15 -- THOMSON REUTERS I/B/E/S.Q3 GAAP LOSS PER SHARE $9.64 FROM CONTINUING OPERATIONS.ICONIX BRAND GROUP - RECORDED NON-CASH GOODWILL IMPAIRMENT CHARGE OF $103.9 MILLION IN QUARTER.ICONIX BRAND GROUP - IN Q3 OF 2017, CO RECORDED NON-CASH TRADEMARK IMPAIRMENT CHARGE OF ABOUT $521.8 MILLION.- EXPECTS 2017 NON-GAAP EPS TO BE SLIGHTLY ABOVE ITS GUIDANCE RANGE OF $0.65 TO $0.70.- EXPECTS REVENUE TO BE AT LOW END OF ITS GUIDANCE RANGE OF $225 MILLION TO $235 MILLION FOR 2017 .- NOW SEES 2017 LOSS PER SHARE $9.79 TO $9.89.FY2017 EARNINGS PER SHARE VIEW $0.66 -- THOMSON REUTERS I/B/E/S.  Full Article

Iconix Brand Group Sees Q3 Shr Loss From Cont Ops Of $0.10
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Iconix Brand Group Inc ::ICONIX BRAND GROUP - EXPECTS (NOT REPORTS) Q3 LOSS PER SHARE FROM CONTINUING OPERATIONS $0.10.ICONIX REPORTS PRELIMINARY THIRD QUARTER 2017 RESULTS AND PROVIDES UPDATE ON INTANGIBLE ASSET IMPAIRMENT.SEES Q3 2017 NON-GAAP EARNINGS PER SHARE ABOUT $0.24 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE VIEW $0.11 -- THOMSON REUTERS I/B/E/S.COMPANY EXPECTS LICENSING REVENUE FOR Q3 OF 2017 TO BE APPROXIMATELY $53.2 MILLION, A 12% DECLINE.EXPECTS NON-GAAP DILUTED EPS FROM CONTINUING OPERATIONS FOR Q3 TO BE ABOUT $0.24.ICONIX BRAND - EXPECTS TO RECOGNIZE NON-CASH INTANGIBLE ASSET IMPAIRMENT CHARGE IN Q3 OF ABOUT $500 MILLION TO $750 MILLION PRIMARILY RELATED TO WOMEN'S SEGMENT.BELIEVES THAT FULL YEAR 2017 RESULTS WILL BE WITHIN PREVIOUSLY ISSUED GUIDANCE.ALSO EXPECTS TO HAVE A NON-CASH TAX CHARGE OF ABOUT $15 MILLION RELATED TO WRITE OFF OF CERTAIN DEFERRED TAX ASSETS IN Q3.  Full Article

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Citing racial bias, Jay-Z seeks to halt arbitration against Iconix

NEW YORK Jay-Z on Wednesday sued to halt his private arbitration with clothing company Iconix Brand Group Inc , saying the company's inability to find an African-American arbitrator to hear the trademark dispute was unfair.