a.k.a. Brands Holding Corp. Reports Second Quarter 2024 Financial Results
a.k.a. Brands Holding Corp. (AKA)
Company Research
Source: Business Wire
Net Sales Increased 9.5% Compared to the Second Quarter of 2023, with U.S. Net Sales Up 19.3%Active Customer Growth of 11.7% on a Trailing Twelve-Month Basis Compared to the Second Quarter of 2023On Track to Open Five Princess Polly Stores in 2024 SAN FRANCISCO--(BUSINESS WIRE)--a.k.a. Brands Holding Corp. (NYSE: AKA), a brand accelerator of next generation fashion brands, today announced financial results for the quarter ended June 30, 2024.Results for the Second QuarterNet sales increased 9.5% to $148.9 million, compared to $136.0 million in the second quarter of 2023; up 10.1% on a constant currency basis1.In the U.S., net sales increased 19.3% compared to the second quarter of 2023.Net loss was $(2.3) million, or $(0.22) per share, in the second quarter of 2024, compared to net loss of $(5.0) million, or $(0.47) per share, in the second quarter of 2023.Adjusted EBITDA2 was $8.0 million in the second quarter of 2024, compared to $5.6 million in the second quarter of 2023.“Our se
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News
- a.k.a. Brands Holding Corp. Announces Participation in the Sidoti Micro Cap ConferenceBusiness Wire
- a.k.a. Brands Holding Corp. (NYSE: AKA) had its price target lowered by analysts at Truist Financial Co. from $22.00 to $20.00. They now have a "hold" rating on the stock.MarketBeat
- a.k.a. Brands Holding Corp. (NYSE: AKA) had its price target lowered by analysts at Telsey Advisory Group from $22.00 to $20.00. They now have a "market perform" rating on the stock.MarketBeat
- Australia's Princess Polly Plans Aggressive Store Growth in the U.S. [Yahoo! Finance]Yahoo! Finance
- Princess Polly’s U.S. Retail Footprint Grows with New Store Openings on Both CoastsBusiness Wire
AKA
Earnings
- 8/7/24 - Beat
AKA
Sec Filings
- 8/14/24 - Form 4
- 8/14/24 - Form 4
- 8/14/24 - Form 4
- AKA's page on the SEC website