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Sequential Brands Group Announces Fourth Quarter and Full Year 2019 Results

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

NEW YORK, March 13, 2020 (GLOBE NEWSWIRE) — Sequential Brands Group, Inc. (“Sequential” or the “Company”) (Nasdaq:SQBG) today announced financial results for the fourth quarter and full year ended December 31, 2019.
“A transformation is underway at Sequential Brands Group. We successfully simplified our business with the divestiture of our home division, significantly reduced our overhead to drive meaningful margin improvement, and amended our lending agreements to improve our liquidity and cash flow. As we look ahead, we are focused on completing the previously announced strategic review process and best positioning our portfolio of brands for long-term growth,” said Sequential’s CEO David Conn.Fourth Quarter 2019 Results from Continuing Operations:

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