Tuesday, August 04, 2009 9:29:21 AM
"Neil Cole, Chairman and CEO of Iconix Brand Group, Inc. commented, "I am pleased to announce that we achieved record revenue and earnings this quarter. We continued to grow market share for many of our brands with a substantial increase driven by the successful roll-out of our OP, Starter and DanskinNow brands at Walmart. Our strong performance in this challenging economic environment continues to demonstrate the power of our business model. Further, with a strong balance sheet and over $200 million of cash on hand, we believe that we are well positioned to execute against our acquisition strategy."
Best regards,
JL
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