a.k.a. Brands Q4 net sales flat; US up 12%; FY23 net loss narrows to $98.9M

A.K.A. BRANDS HOLDING CORP.

Q4 net sales $148.9M (flat YoY); US net sales +11.6% vs Q4 2022.
Q4 net loss $(13.9M) or $(1.31)/share; adjusted EBITDA $1.3M (0.9% of sales) vs $6.1M a year ago.
FY23 net sales $546.3M (-10.7%); net loss $(98.9M) vs $(176.7M) in 2022.
FY23 adjusted EBITDA $13.8M (2.5% of sales) vs $31.9M; debt repaid $50.7M reducing total debt by 35%.
Princess Polly to open 3-4 stores in H2 2024 (Boston, San Diego leased); expanding omnichannel.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

A.K.A. BRANDS HOLDING CORP. reported financial results for the fiscal quarter and year ended December 31, 2023.

Period: the fiscal quarter and year ended December 31, 2023
Result: reported results

Exact text from the filing

On March 7, 2024, a.k.a. Brands Holding Corp. (the "Company") issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2023.

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38 earnings releases filed in the last 30 days. Browse all earnings releases →

A.K.A. BRANDS HOLDING CORP. filing history →

Source: SEC EDGAR

accession 0001865107-24-000009

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