Iconix Brand Group reported a revenue of $51.7 million for the second fiscal quarter of 2008, a 32% increase from revenue results reported for the same quarter a year ago.


Likewise, earnings before interest, taxes, depreciation and amortization for the second quarter increased 13% to $35.2 million and net income saw an 11% increase from last year’s second quarter net income of $16.5 million.


GAAP diluted earnings per share increased to $0.27 versus $0.24 in the prior year quarter.


“We are excited about our growth initiatives for 2009, which include all three of our Wal-Mart brands, OP, STARTER and DANSKIN NOW, and the CANNON launch at Sears and Kmart,” said Neil Cole, Chairman and CEO of Iconix Brand Group, Inc. “While we have taken acquisition revenue out of our guidance it remains an important part of our growth strategy and we believe we will continue to acquire additional iconic brands.”