Nov. 24 at 3:18 PM
Noble Capital Markets Research Report: Xcel Brands (
$XELB) – A Promising 2026 Emerges
Loss narrows from year earlier. The company reported Q3 revenue of
$1.1 million and an adj. EBITDA loss of
$0.7 million. The adj. EBITDA loss was lower than the
$1.0 million loss a year earlier reflecting the company’s structural cost reductions. The revenue and adj. EBITDA were modestly lower than our estimates of
$1.6 million and a loss of
$0.2 million, respectively. Notably, sales for C. Wonder and Christie Brinkley’s TWRHLL were disrupted by tariff-related vendor issues and HSN’s studio transition during Q3, which have since been resolved.
Read more: https://www.channelchek.com/news-channel/xcel-brands-xelb-a-promising-2026-emerges
