Iconix ups 2013 guidance

Retail Editor 4, Staff Staff, February 20, 2013

New York -- To reflect the company's acquisition of British denim brand Lee Cooper, Iconix Brand Group has raised its 2013 guidance.

It calls for the following:

  • Revenue of $425 million to $435 million, compared to the prior guidance of $415 million to $425 million;
  • Earnings per share of $2.05 to $2.15, from $2.00 to $2.10;
  • Free cash flow to $203 million to $210 million, from $196 million to $203 million.

"Over the past year we have executed on several exciting initiatives that position our company for significant growth," said Neil Cole, chairman and ceo. "We acquired three iconic brands, continued to expand our global footprint, signed a Peanuts movie deal and launched a new $1.1 billion securitization facility."

Iconix now owns more than 30 brands.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.


HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!