earnings
confidence high
sentiment positive
materiality 0.70
a.k.a. Brands Q2 net sales $160.1M (-0.3% YoY); adj. EBITDA up 16% to $8.7M; reiterates FY outlook
A.K.A. BRANDS HOLDING CORP.
- Net sales $160.1M, down 0.3% YoY (down 5.3% constant currency); net loss improved to $0.2M from $3.6M.
- Adjusted EBITDA $8.7M, up 16% YoY; gross margin expanded to 61.1% from 57.5%.
- Reiterates full year 2026 outlook; QTD momentum accelerated with high-single-digit sales growth.
- Princess Polly targets at least 100 U.S. stores long term; four new stores by year end, up to ten more in 2027.
- Culture Kings signs Puerto Rico store lease, nears agreement on new store in major U.S. market.