Welcome to our dedicated page for A K A Brands Hldg news (Ticker: AKA), a resource for investors and traders seeking the latest updates and insights on A K A Brands Hldg stock.
A K A Brands Holding Corp (NYSE: AKA) is a leading digital-first retailer specializing in Gen Z and Millennial fashion markets. This page serves as the definitive source for official company announcements, financial updates, and strategic developments across its portfolio of brands including Princess Polly, Culture Kings, and Petal & Pup.
Investors and industry observers will find real-time access to earnings reports, acquisition announcements, partnership details, and leadership updates. Our curated news collection provides essential context for understanding AKA's position in the competitive online fashion sector, particularly within its core Australia/New Zealand markets.
Key content categories include quarterly financial results, brand expansion initiatives, e-commerce innovations, and market trend analyses. All information is sourced directly from verified corporate communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined tracking of A K A Brands' progress in digital retail. Check back regularly for updates on how the company continues to shape youth fashion trends through its data-driven brand strategy.
a.k.a. Brands Holding Corp. (NYSE: AKA) announced its preliminary unaudited results for Q1 2023, reporting net sales of approximately
a.k.a. Brands Holding Corp. reported its fourth quarter and full year 2022 results, with net sales declining 18.3% to $149.1 million in Q4, leading to a net loss of $(173.9) million or $(1.35) per share. For the full year, net sales rose 8.8% to $611.7 million, but net loss expanded to $(176.7) million or $(1.37) per share. Adjusted EBITDA decreased significantly, from $62.4 million in 2021 to $31.9 million in 2022. The firm announced new omnichannel initiatives for 2023, including a new store opening and wholesale test plans. The company expects 2023 net sales of $570-$600 million and adjusted EBITDA of $35-$37 million.
a.k.a. Brands Holding Corp. (NYSE: AKA) will announce its fourth quarter and fiscal 2022 financial results on
a.k.a. Brands Holding Corp. (NYSE: AKA) reported a 3.7% decline in net sales for Q3 2022, totaling $155.8 million, while active customers increased by 23% year-over-year. The net loss narrowed to $(0.1) million, with adjusted EBITDA dropping to $9.2 million or 5.9% of net sales. Gross margin improved to 55.7%. The company anticipates Q4 net sales between $158 million and $165 million, with adjusted EBITDA of $11.2 million to $13 million.
a.k.a. Brands Holding Corp. (NYSE: AKA) has announced the opening of its first U.S. Culture Kings flagship store in Las Vegas, set to open on November 5. The approximately 14,000-square-foot store features innovative retail experiences, including a recording studio, live DJs, and exclusive merchandise from over 18 international brands. CEO Simon Beard expressed confidence that this immersive shopping concept will enhance growth and brand awareness. The store aims to redefine traditional retail with engaging experiences for consumers, aligning with the brand's ethos of 'retailtainment.'
a.k.a. Brands Holding Corp. (NYSE: AKA) will report its third quarter 2022 financial results on
a.k.a. Brands Holding Corp. (NYSE: AKA) will participate in a fireside chat on September 21, 2022, at 5:00 pm ET during the Wells Fargo Consumer Conference. CEO Jill Ramsey and CFO Ciaran Long will represent the company. The event will be webcast live and accessible via the Company’s Investor Relations website, with an archive available post-event. a.k.a. Brands focuses on next-generation fashion brands, targeting Gen Z and millennials with unique merchandise and social content.
a.k.a. Brands Holding Corp. (NYSE: AKA) is set to participate in a fireside chat during the Piper Sandler Growth Frontiers Conference on September 14, 2022, at 2:30 pm ET. Chief Financial Officer Ciaran Long will lead the discussion, which will be accessible through the Company's Investor Relations website. a.k.a. Brands acts as a brand accelerator for next-generation fashion brands targeting Gen Z and millennials, including notable names like Princess Polly and Culture Kings.
a.k.a. Brands Holding Corp. (NYSE: AKA) reported a 6.2% increase in net sales to $158.5 million for Q2 2022, compared to $149.2 million in Q2 2021. However, the company incurred a net loss of $(4.2) million or $(0.03) per share, down from a net income of $2.4 million or $0.03 per share in the prior year. Adjusted EBITDA fell significantly to $5.9 million, or 3.7% of net sales, compared to $19.4 million or 13.0% in Q2 2021. The company forecasts FY 2022 net sales between $625M and $635M, and Q3 projections of $150M to $153M in net sales.
a.k.a. Brands Holding Corp. (NYSE: AKA) will release its second quarter 2022 financial results after market close on August 10, 2022. A conference call with management is scheduled for 4:30 p.m. Eastern Time, where it will discuss the financial performance. The call can be accessed via the company's website or by phone. A replay will be available three hours post-call, lasting until August 17, 2022.
The company focuses on next-generation fashion brands targeting Gen Z and millennials, including brands like Princess Polly and Culture Kings.
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