Xcel Brands Q2 FY26 net loss narrows to USD 2.5 million; revenue drops 14% to USD 1.1 million - XELB News | RalliesXcel Brands Q2 FY26 net loss narrows to USD 2.5 million; revenue drops 14% to USD 1.1 million
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XELB• Xcel Brands posts narrower quarterly loss as revenue declines
- Xcel Brands posted a GAAP net loss of USD 2.5 million, narrowing from USD 4 million a year earlier.
- Revenue fell 14% to USD 1.1 million, attributed to the divestiture of the Judith Ripka brand.
- Adjusted EBITDA was a loss of USD 0.48 million, versus a USD 0.3 million loss in the prior-year quarter.
- Direct operating costs held at about USD 1.9 million; the prior-year quarter included a USD 0.5 million employee retention credit refund.
- CEO Robert W. D’Loren cited launches of two influencer-led brands, highlighting an audience reach of more than 46 million people.
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