earnings
confidence high
sentiment positive
materiality 0.85
a.k.a. Brands Q4 net sales up 6.8% to $159M; raises adj. EBITDA guidance to $6.0-6.2M
A.K.A. BRANDS HOLDING CORP.
2024-FY EPS reported
-$2.46
revenue$574,697,000
- Preliminary Q4 net sales $159.0M (+6.8% YoY); U.S. net sales $96.1M (+21.6% YoY).
- Adjusted EBITDA guidance raised to $6.0-6.2M (Q4) and $23.0-23.2M (FY24), versus prior expectations.
- Ciaran Long appointed permanent CEO (was interim); Kevin Grant named CFO effective January 13, 2025.
- Long receives $525k salary, 100% bonus target, performance option (100k shares at tiered price goals).
- Petal & Pup expanding to all Nordstrom stores; Princess Polly opening NYC store in early 2025.