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Stock impact report

a.k.a. Brands Holding Corp. Reports Third Quarter 2024 Financial Results

a.k.a. Brands Holding Corp. (AKA) 
Company Research Source: Business Wire
Net Sales Increased 6.4% Compared to the Third Quarter of 2023, with U.S. Net Sales Up 19.5%Active Customer Growth of 14.1% on a Trailing Twelve-Month Basis Compared to the Third Quarter of 2023Princess Polly to Open NYC Store in Soho in Early 2025 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 September 30, 2024.Results for the Third QuarterNet sales increased 6.4% to $149.9 million, compared to $140.8 million in the third quarter of 2023; up 5.2% on a constant currency basis1.In the U.S., net sales increased 19.5% compared to the third quarter of 2023.Net loss was $(5.4) million, or $(0.51) per share, in the third quarter of 2024, compared to net loss of $(70.4) million, or $(6.58) per share, in the third quarter of 2023.Adjusted EBITDA2 was $8.2 million in the third quarter of 2024, compared to $4.7 million in the third quarter of 2023.“I’m pro Show less Read more
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