Xcel Brands Q1 EPS $(0.10) Down From $(0.08) YoY, Sales $8.75M Miss $10.90M Estimate

Xcel Brands (NASDAQ:XELB) reported quarterly losses of $(0.10) per share. This is a 25 percent decrease over losses of $(0.08) per share from the same period last year. The company reported quarterly sales of $8.75 million which missed the analyst consensus estimate of $10.90 million by 19.75 percent. This is a 12.01 percent increase over sales of $7.81 million the same period last year.