DALLAS, Oct. 5, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring apparel company Iconix Brand Group Inc. (Nasdaq:ICON). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Iconix Brand Group Inc. (Nasdaq:ICON) should be of particular interest to other apparel companies: Guess? (NYSE:GES), Hanesbrands Inc. (NYSE:HBI), Dockers Outdoor (Nasdaq:DECK) and Madden (Steven) Ltd. (Nasdaq:SHOO).
The full report is available at: http://www.stockpreacher.com/n/ICON
Iconix Brand Group Inc. (ICON) is a brand management company engaged in licensing, marketing and providing trend direction for a portfolio of owned consumer brands. The Company owns 17 brands: Candie's, Bongo, Badgley Mischka, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin, Rocawear, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter and Waverly.
In the report, the analyst notes:
"The Company estimates third-quarter 2009 revenue to be approximately $53 million - $56 million. On a comparative basis, this represents an increase of approximately 4% over the prior year's comparable quarter adjusted revenue of $52.5 million. The Company expects to achieve an increase of approximately 20% in its third-quarter 2009 non-GAAP net income to approximately $19 million - $21 million from adjusted non-GAAP net income of approximately $16.6 million in the prior year period.
"Revenue for the second quarter of 2009 was approximately $56.4 million, a 9% increase as compared to approximately $51.7 million in the second quarter of 2008. EBITDA for the second quarter was approximately $41.8 million, a 19% increase as compared to approximately $35.2 million in the prior year quarter. Free cash flow for the quarter was $35.1 million a 34% increase as compared to approximately $26.3 million in the prior year quarter."
To read the entire report visit: http://www.stockpreacher.com/n/ICON
See what investors are saying about these stocks at: http://www.stockhideout.com/
StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com
StockPreacher.com Disclosure
StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.