By  on April 24, 2013

Iconix Brand Group nudged past profit expectations in the first quarter and boosted guidance for the year.

Net income gained 23.9 percent to $34.2 million, or 51 cents a diluted, share, from $27.6 million, or 37 cents, a year earlier. Adjusted earnings of 54 cents came in 2 cents ahead of the 52 cents analysts projected.

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