Xcel Brands, Inc

Ladies and gentlemen, thank you for standing by. Today's conference call is scheduled to begin momentarily. You will be placed back on music hold until then. Thank you for your patience. Hello and thank you for standing by. My name is John and I will be your conference operator today. At this time, I would like to welcome everyone to the Excel Branch 3rd Quarter 2025 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number 1 on your telephone keypad. To withdraw your question, simply press star 1 again. Please be advised that reproduction of this call in whole or in part is not permitted without prior written authorization of Excel Brands. And as a reminder, this conference call is being recorded. I would now like to turn the call over to Seth Burrows from the company.

Seth, you may begin.

Good afternoon, everyone, and thank you for joining us.