Iconix Turns a Profit in Q2
Net income was $1,271,000 against a loss of $79,429,000 in the second quarter on licensing revenues that were 32% lower at $34,394,000 down from $50,212,000. Slashing SG&A by $12 million year-on-year certainly helped the bottom line, as did the absence of any huge impairment charges. Licensing revenue was down in all segments: women’s declined 52% ... Log in to view full article.
