Xcel Brands, Inc
NEW YORK, May 14, 2026 (GLOBE NEWSWIRE) — In a release issued earlier today by Xcel Brands, Inc (NASDAQ: XELB) please note that the “Conference Call and Webcast” section contained outdated information. The corrected release follows
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Net loss on a GAAP basis was $2.5 million for the current quarter compared with $2.8 million net loss for the prior year quarter.
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Year-to-Date Adjusted EBITDA for 2026 was approximately negative $0.7 million for both the current and prior year quarters.:
Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with significant expertise in building influencer lead brands, live-steam shopping and social commerce, today announced its financial results for the quarter ended March 31, 2026.
Robert W. D’Loren, Chairman and Chief Executive Officer of Xcel commented “I am…
