a.k.a. Brands Q2 net sales up 6.2% to $158.5M; net loss of $4.2M vs. profit last year

A.K.A. BRANDS HOLDING CORP.

2022-Q2 EPS reported -$0.02 revenue$306,790,000

Net sales $158.5M (+6.2% YoY); constant-currency growth 11%. Orders +12%, avg order value -4%.
Net loss $(4.2)M ($0.03 loss per share) vs net income $2.4M ($0.03 EPS) in Q2 2021.
Adjusted EBITDA $5.9M (3.7% of sales) vs $19.4M (13.0%) last year; profitability pressured.
Active customers up 34% LTM; gross margin expanded 60bps to 55.2% on lower inventory fair value adjustment.
Marketing expense 12.0% of sales (vs 10.0%) due to reduced channel effectiveness and inclusion of mnml.

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