a.k.a. Brands Q1 net sales down 3% to $116.8M; U.S. sales up 6.2%

A.K.A. BRANDS HOLDING CORP.

2024-Q1 EPS reported -$0.85 revenue$116,840,000

Net loss improved to $(8.9)M ($(0.85)/share) vs $(9.6)M ($(0.89)/share) Q1 2023.
Adjusted EBITDA fell to $0.9M from $2.2M; results exceeded company's outlook.
Active customer base grew 5.5% YoY; inventory down 19%, debt down 22%.
Culture Kings U.S. posted double-digit net sales growth; own brands over 50% of sales.
Princess Polly on track to open three stores in Q3 2024 (Scottsdale, Boston, San Diego).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.