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a.k.a. Brands Holding Corp. - $AKA STOCK NEWS

Welcome to our dedicated page for a.k.a. Brands Holding news (Ticker: $AKA), a resource for investors and traders seeking the latest updates and insights on a.k.a. Brands Holding stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect a.k.a. Brands Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of a.k.a. Brands Holding's position in the market.

Rhea-AI Summary
a.k.a. Brands Holding Corp. (NYSE: AKA) will announce its first quarter 2024 financial results on May 8, 2024. The webcast will be accessible on the company's website. Analysts and investors can join the call or listen to the replay for further insights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.87%
Tags
conferences earnings
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Rhea-AI Summary
Culture Kings partners with Rolling Loud California for the second consecutive year, presenting an exclusive merchandise capsule and branded stage at the hip-hop festival. Attendees can shop the limited-edition collection online or at the festival's pop-up shop.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.56%
Tags
none
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Rhea-AI Summary
a.k.a. Brands Holding Corp. (NYSE: AKA) reported a 12% growth in U.S. net sales compared to Q4 2022 and strengthened its balance sheet by paying down $50.7 million in debt in FY23. The company scaled its omnichannel strategy with additional stores, marketplace, and wholesale opportunities in 2024. Despite a decrease in net sales for the full year 2023, adjusted EBITDA improved, showcasing a positive outlook for fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.32%
Tags
Rhea-AI Summary
a.k.a. Brands Holding Corp. (NYSE: AKA) will announce its Q4 and fiscal 2023 results on March 7, 2024. The webcast will be at 4:15 p.m. Eastern Time. Analysts and investors can join via the company website or phone. A replay will be available for a week.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.69%
Tags
conferences earnings
-
Rhea-AI Summary
a.k.a. Brands Holding Corp. (NYSE: AKA) has authorized an increase of $3 million to its share repurchase program, bringing the total amount authorized for share repurchases to $5 million. As of December 18, 2023, the company has used approximately $2 million for share repurchases. Repurchases are subject to available liquidity, market and economic conditions, and other factors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.92%
Tags
buyback
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Rhea-AI Summary
AKA Brands Holding Corp. (NYSE: AKA) announced a 9.6% decrease in net sales to $140.8 million in Q3 2023, with a 2% increase in U.S. net sales. Adjusted EBITDA was $4.7 million, down from $9.2 million in Q3 2022. The company is focusing on reducing debt and inventory while emphasizing U.S. growth and omnichannel success. Princess Polly's first store in Los Angeles is outperforming expectations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.43%
Tags
Rhea-AI Summary
a.k.a. Brands Holding Corp. (NYSE: AKA) will report its Q3 2023 financial results on November 8, 2023. The webcast will be available on the company's website. Analysts and investors can call in for more information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.98%
Tags
conferences earnings
-
Rhea-AI Summary
a.k.a. Brands Holding Corp. (NYSE: AKA) announces a one-for-12 reverse stock split of its common stock, effective today. The common stock will begin trading on a post-reverse stock split basis on October 2, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
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Rhea-AI Summary
a.k.a. Brands Holding Corp. will undergo a one-for-12 reverse stock split to comply with NYSE listing requirements. The reverse split will reduce the number of shares from 128 million to 11 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.58%
Tags
none
Rhea-AI Summary
Princess Polly opens its first U.S. store in Los Angeles, California, offering 200 on-trend styles and immersive shopping experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.34%
Tags
none
a.k.a. Brands Holding Corp.

NYSE:AKA

AKA Rankings

AKA Stock Data

204.53M
960.12k
35.94%
55.51%
0.74%
Electronic Shopping
Retail Trade
Link
United States of America
SAN FRANCISCO