a.k.a. Brands Q2 2024 Earnings Report
Key Takeaways
a.k.a. Brands reported a 9.5% increase in net sales to $148.9 million, with U.S. net sales up 19.3%. The company's net loss was $(2.3) million, or $(0.22) per share, while adjusted EBITDA reached $8.0 million, a 44% increase compared to the previous year.
Net sales increased by 9.5% to $148.9 million compared to Q2 2023.
U.S. net sales increased by 19.3% compared to Q2 2023.
Net loss was $(2.3) million, or $(0.22) per share.
Adjusted EBITDA was $8.0 million, a 44% increase compared to Q2 2023.
a.k.a. Brands
a.k.a. Brands
a.k.a. Brands Revenue by Geographic Location
Forward Guidance
For the third quarter of 2024, the Company expects: Net sales between $141 million and $145 million and Adjusted EBITDA between $6.0 million and $7.0 million. For the full year fiscal 2024, the Company now expects: Net sales between $560 million and $565 million and Adjusted EBITDA between $20 million and $22 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income