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Stock impact report

a.k.a. Brands Holding Corp. Reports Fourth Quarter and Full Year 2024 Financial Results

a.k.a. Brands Holding Corp. (AKA) 
Company Research Source: Business Wire
Net Sales Increased 6.8% Compared to the Fourth Quarter of 2023, with U.S. Net Sales up 21.6%Princess Polly to Open Seven New Stores in 2025 SAN FRANCISCO--(BUSINESS WIRE)--a.k.a. Brands Holding Corp. (NYSE: AKA), a portfolio of next generation fashion brands, today announced financial results for the fourth quarter and full year ended December 31, 2024.Fourth Quarter Financial HighlightsNet sales increased 6.8% to $159.0 million, compared to $148.9 million in the fourth quarter of 2023; up 6.7% on a constant currency basis1.In the U.S., net sales increased 21.6% compared to the fourth quarter of 2023.Net loss was $(9.4) million, or $(0.88) per share, in the fourth quarter of 2024, compared to net loss of $(13.9) million, or $(1.31) per share, in the fourth quarter of 2023.Adjusted EBITDA2 was $6.2 million, or 3.9% of net sales, compared to $1.3 million, or 0.9% of net sales in the fourth quarter of 2023.Fiscal 2024 Financial HighlightsNet sales increased 5.2% to $574.7 million, co Show less Read more
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