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
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News
- a.k.a. Brands Holding Corp. (NYSE: AKA) is now covered by analysts at Lake Street Capital. They set a "buy" rating and a $30.00 price target on the stock.MarketBeat
- a.k.a. Brands Holding Corp. (NYSE: AKA) had its price target raised by analysts at Telsey Advisory Group from $25.00 to $28.00. They now have a "market perform" rating on the stock.MarketBeat
- A.K.A. Brands Holding Corp (AKA) Q3 2024: Everything You Need to Know Ahead of Earnings [Yahoo! Finance]Yahoo! Finance
- Princess Polly New York Store To Open In 2025 Amid U.S. Growth Push [Forbes]Forbes
- a.k.a. Brands Holding Corp. (NYSE: AKA) had its price target raised by analysts at Telsey Advisory Group from $20.00 to $25.00. They now have a "market perform" rating on the stock.MarketBeat
AKA
Earnings
- 11/7/24 - Miss
AKA
Sec Filings
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- AKA's page on the SEC website