Weekly Comments – May 30, 2023 – AMWD, BKE, NX

AMWD  –  Updated outlook following report of quarter financial results.  American Woodmark delivered earnings well above expectations in the fiscal fourth quarter ending April 2023.  Despite lower sales compared to the year-ago period, the Company… BKE  –  Revised view on quarter financial report, management guidance.  Denim is taking a hit from continued inflation in the […]

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Update Report – Xcel Brands (XELB) – May 23, 2023

Xcel Brands delivered encouraging strategic news with the announcement of a new master license agreement for its Halston brand.  A major apparel wholesaler has given Xcel Brands an upfront cash payment for the deal and committed to minimum guaranteed royalties over a 25-year license period.  The wholesaler’s expansive distribution channels with department stores, e-commerce and […]

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