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Article Date: August 2018
Word Count: 134

Sequential Brands’ Net Gains on Flat Revenue

Net income was up 42% to $3,587,000 from $2,530,000 in the second quarter on licensing revenues that inched up to $42,207,000 from $42,144,000. The results were even better on a comparable basis, as SQBG adopted a new revenue recognition standard for 2018. Active segment results were led by Gaiam’s extension into a higher-end apparel line for department stores. Gaiam hardgoods debut at Dick’s in Sep. And1’s premium ... Log in to view full article.


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