The Company is raising its 2013 revenue guidance to a range of $415-$425 million from $395-$405 million. The Company is raising its 2013 non-GAAP diluted EPS guidance to a range of $2.00-$2.10 from $1.85-$1.95, and its 2013 GAAP diluted EPS guidance to a range of $1.90-$2.00 from $1.75-$1.85.The Company's increase in its guidance is related to the Buffalo acquisition and increased share repurchase activity. To reflect the increased share repurchases, the Company's weighted average diluted share count is estimated to be approximately 67-68 million for 2013. Since the authorization of its current $200 million share repurchase plan, the Company has repurchased approximately $175 million or 13% of its shares outstanding.
Iconix Brand Group Acquires A 51% Interest In Buffalo Brand
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