Xcel Brands Delays Q1 2025 Financial Report

XCel Brands ( (XELB) ) has released a notification of late filing.

Xcel Brands, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The delay is primarily due to the management requiring additional time to compile and verify data necessary for the report, which has postponed the completion of the audit. The company anticipates filing the report within the five-day extension period allowed by the SEC. Financially, Xcel Brands expects to report a decrease in revenues to approximately $1.33 million from $2.18 million in the same quarter last year, alongside a reduced net loss of approximately $2.67 million compared to $6.35 million previously. The decrease in revenue is attributed to the sale of the Lori Goldstein business, while the reduced net loss is due to improved operating results and the absence of a prior year impairment charge. The company’s ongoing compliance efforts are underscored by the signature of James F. Haran, the Chief Financial Officer.

The most recent analyst rating on (XELB) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on XCel Brands stock, see the XELB Stock Forecast page.

Spark’s Take on XELB Stock

According to Spark, TipRanks’ AI Analyst, XELB is a Neutral.

XCel Brands faces significant financial difficulties, with declining revenues, persistent losses, and negative cash flows. Despite some optimism from improved earnings metrics and strategic brand growth in the earnings call, these are overshadowed by poor technical trends and unfavorable valuation metrics. The lack of substantial positive corporate events limits immediate upside potential.

To see Spark’s full report on XELB stock, click here.

More about XCel Brands

Average Trading Volume: 88,180

Technical Sentiment Signal: Sell

Current Market Cap: $6.26M

For detailed information about XELB stock, go to TipRanks’ Stock Analysis page.