Xcel Brands Q2 Adj. EPS $(0.37) Beats $(0.50) Estimate, Sales $1.321M Miss $1.839M Estimate

Xcel Brands (NASDAQ:XELB) reported quarterly losses of $(0.37) per share which beat the analyst consensus estimate of $(0.50) by 26 percent. This is a 270 percent decrease over losses of $(0.10) per share from the same period last year. The company reported quarterly sales of $1.321 million which missed the analyst consensus estimate of $1.839 million by 28.17 percent. This is a 55.28 percent decrease over sales of $2.954 million the same period last year.