Differential Brands Group Q2 revenue up 13 percent

Differential Brands Group net sales increased 13 percent to 36.5 million dollars in the second quarter, while ecommerce net sales grew 38 percent, leading to total consumer direct segment growth of 15 percent compared to the second quarter of fiscal 2016. The company’s gross margin expanded 590 basis points to 44.5 percent and adjusted EBITDA was 2 million dollars compared to 0.6 million dollars in the same period last year.