earnings
confidence high
sentiment positive
materiality 0.70
AKA Brands Q4 net sales up 6.8% to $159M; adjusted EBITDA rises to $6.2M; plans 7 new Princess Polly stores in 2025
A.K.A. BRANDS HOLDING CORP.
- Q4 net sales $159.0M, +6.8% YoY; U.S. net sales +21.6%.
- Q4 net loss narrowed to $9.4M ($0.88 loss per share) from $13.9M ($1.31 loss) a year ago.
- Q4 adjusted EBITDA $6.2M (3.9% of sales) vs $1.3M (0.9%) prior year.
- Full year 2024 net sales $574.7M (+5.2%); adjusted EBITDA $23.3M (4.1%) vs $13.8M (2.5%).
- Princess Polly to open 7 new stores in 2025, including first NYC SoHo location; brands expand to all Nordstrom locations.