Improvement in Non-GAAP Earnings and Adjusted EBITDA
Non-GAAP earnings improved by approximately 56% from last year, and adjusted EBITDA improved by approximately 26% from the third quarter of 2023.
Judith Ripka Brand Growth
Judith Ripka business royalties increased by 98% from the second quarter and almost 500% year-over-year growth.
C. Wonder Brand Performance
Retail sales for C. Wonder on HSN increased by 60% over last year despite disruptions caused by hurricanes.
Tower Hill by Christie Brinkley Success
The brand exceeded launch plan by 90% during its third quarter on HSN.
New Term Loan Agreement
A new $10 million term loan agreement provided approximately $3.5 million of additional liquidity and increased working capital by $4.5 million.