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Iconix Brand reports awesome growth in revenues
25 Feb '09
3 min read
2009 Guidance:
The Company is re-affirming its full year 2009 EPS guidance of diluted EPS between $1.20 and $1.30 excluding the change in accounting policy related to convertible debt and between $1.06 and $1.16 including the non-cash interest related to the new accounting policy for convertible debt.
The Company is now projecting its 2009 revenue to be in a range of $210 to $220 million. The Company estimates that free cash flow for 2009 will be approximately $120 million. This guidance relates to the existing portfolio of brands only and assumes no acquisitions.
The Company is re-affirming its full year 2009 EPS guidance of diluted EPS between $1.20 and $1.30 excluding the change in accounting policy related to convertible debt and between $1.06 and $1.16 including the non-cash interest related to the new accounting policy for convertible debt.
The Company is now projecting its 2009 revenue to be in a range of $210 to $220 million. The Company estimates that free cash flow for 2009 will be approximately $120 million. This guidance relates to the existing portfolio of brands only and assumes no acquisitions.
Iconix Brand Group Inc
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