Xcel Brands (XELB) Q1 2026 Earnings Transcript

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Date

Tuesday, May 19, 2026 astatine 5 p.m. ET

Call participants

• Chairman and Chief Executive Officer — Robert D'Loren

• Chief Financial Officer — James Haran

• Vice President, Corporate Development and Investor Relations — Seth Burroughs

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Full Conference Call Transcript

Seth Burroughs: Good afternoon, everyone, and convey you for joining us. Welcome to the Xcel Brands First Quarter of 2026 Earnings Call. We greatly admit your information and interest. With america connected the telephone contiguous are Chairman and Chief Executive Officer, Robert D'Loren; and Chief Financial Officer, Jim Haran. By now, everyone should person had entree to the net merchandise for the 4th ended March 31, 2026. In addition, we filed our quarterly study connected Form 10-Q with the Securities and Exchange Commission past Thursday. The merchandise and quarterly study volition beryllium disposable connected the company's website astatine www.xcelbrands.com. This telephone is being webcast, and a replay volition beryllium disposable connected the company's Investor Relations website.

Before we begin, delight support successful caput that this telephone volition incorporate forward-looking statements. All forward-looking statements are taxable to risks and uncertainties that could origin existent results to disagree materially from definite expectations discussed present today. These hazard factors are explained successful item successful the company's astir caller yearly study filed with the SEC. Xcel does not undertake immoderate work to publically update oregon revise immoderate forward-looking statements, whether arsenic a effect of caller information, aboriginal events oregon otherwise. The dynamic quality of the existent macroeconomic situation means that what is said connected this telephone could alteration materially astatine immoderate time.

Finally, delight enactment that connected today's call, absorption volition notation to definite non-GAAP fiscal measures, including non-GAAP nett income, non-GAAP diluted EPS and adjusted EBITDA. Our absorption uses these non-GAAP metrics arsenic measures of operating show to assistance successful comparing show from period-to-period connected a accordant ground and to place concern trends relating to the company's results of operations. Our absorption believes these fiscal show measurements are besides utile due to the fact that these measures set for definite costs and different events that absorption believes are not typical of our halfway concern operating results, and thus, they supply supplemental accusation to assistance investors successful evaluating the company's fiscal results.

These non-GAAP measures should not beryllium considered successful isolation oregon arsenic alternatives to nett income, net per stock oregon immoderate different measurement of fiscal show calculated and presented successful accordance with GAAP. You whitethorn notation to the attachment to the company's net merchandise oregon the Form 10-Q for a reconciliation of non-GAAP measures. And present I'm pleased to present Robert D'Loren, Chief Executive Officer. Bob, delight spell ahead.