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Article Date: November 2019
Word Count: 133

Sequential Brands Loss Expands on Impairments


Net loss nearly doubled to $18,680,000 in the third quarter from a loss of $9,615,000 impacted by $33.1 million of impairment charges for the Jessica Simpson and Joe’s brands against a $17.9 million impairment last year, as licensing revenues slipped 14% to $25,392,000 from $29,455,000. Adjusted EBITDA from continuing operations was down 13% to $13,168,000 from $15,072,000. SQBG did not have much to say about its sports ... Log in to view full article.

 


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