Iconix Reports Strong Third Quarter

Iconix Brand Group

Iconix Brand Group, Inc., owner of brands such as Mossimo, Ocean Pacific, Ed Hardy, Ecko, and Zoo York, among others, reported revenues of $96.9 million during the third quarter. This represents a 63 percent increase in revenues from last years third quarter.

For the nine months ending September 30, 2010, total revenue increased 47 percent to about $244.6 million from $166.3 million last year. Iconix revised their 2010 revenue guidance from $305-$315 million to $323-$328 million due to their strong third quarter and a contract with ABC to air Peanuts specials, another Iconix brand.

Guidance for 2011 is $340-$350 million.