a.k.a. Brands Q4 Sales Up 6.8%, Princess Polly To Open 7 New Stores

Exec Edge

03-07

By Karen Roman

a.k.a. Brands Holding Corp. (NYSE: AKA) said fourth quarter net sales increased 6.8% to $159 million, compared to $148.9 million the year prior.

Adjusted EBITDA was $6.2 million, or 3.9% of net sales, in contrast to $1.3 million, or 0.9% of net sales, it stated.

Princess Polly will open its SoHo store in New York City in mid-March, and other six new locations in Miami, Glendale and Columbus, among others, it said.

a.k.a. Brands expects net sales between $600 million and $610 million for FY2025 and adjusted EBITDA in the range of $27.5 million to $29.5 million, the company declared.

“2024 marked a pivotal year for a.k.a. Brands. We achieved 5% net sales growth, fueled by impressive mid-teens net sales growth in our U.S. business, and we delivered over 150 basis points of adjusted EBITDA expansion year-over-year – all ahead of our expectations,” said Ciaran Long, CEO.

Contact:

Executives-Edge.com

Editor@executives-edge.com

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Brands Q4 Sales Up 6.8%, Princess Polly To Open 7 New Stores","media":"Exec Edge","content":"<html><body><p><img height=\"6048\" src=\"https://s1.yimg.com/uu/api/res/1.2/eHc7JP0qUNGHl.LjvPQrOQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/exec_edge_220/37485d5c4077954ff7b8a05fcc685160\" width=\"4011\"/></p>\n<p>By Karen Roman</p>\n<p><a href=\"https://laohu8.com/S/AKA\">a.k.a. Brands Holding Corp.</a> (NYSE: AKA) said fourth quarter net sales increased 6.8% to $159 million, compared to $148.9 million the year prior.</p>\n<p>Adjusted EBITDA was $6.2 million, or 3.9% of net sales, in contrast to $1.3 million, or 0.9% of net sales, it stated.</p>\n<p>Princess Polly will open its SoHo store in New York City in mid-March, and other six new locations in Miami, Glendale and Columbus, among others, it said.</p>\n<p>a.k.a. Brands expects net sales between $600 million and $610 million for FY2025 and adjusted EBITDA in the range of $27.5 million to $29.5 million, the company declared.</p>\n<p>“2024 marked a pivotal year for a.k.a. Brands. We achieved 5% net sales growth, fueled by impressive mid-teens net sales growth in our U.S. business, and we delivered over 150 basis points of adjusted EBITDA expansion year-over-year – all ahead of our expectations,” said Ciaran Long, CEO.</p>\n<p>Contact:</p>\n<p>Executives-Edge.com</p>\n<p>Editor@executives-edge.com</p></body></html>","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>a.k.a. 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Brands Q4 Sales Up 6.8%, Princess Polly To Open 7 New Stores\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Exec Edge</strong><span class=\"h-time small\">2025-03-07 06:45</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body><p><img height=\"6048\" src=\"https://s1.yimg.com/uu/api/res/1.2/eHc7JP0qUNGHl.LjvPQrOQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/exec_edge_220/37485d5c4077954ff7b8a05fcc685160\" width=\"4011\"/></p>\n<p>By Karen Roman</p>\n<p><a href=\"https://laohu8.com/S/AKA\">a.k.a. Brands Holding Corp.</a> (NYSE: AKA) said fourth quarter net sales increased 6.8% to $159 million, compared to $148.9 million the year prior.</p>\n<p>Adjusted EBITDA was $6.2 million, or 3.9% of net sales, in contrast to $1.3 million, or 0.9% of net sales, it stated.</p>\n<p>Princess Polly will open its SoHo store in New York City in mid-March, and other six new locations in Miami, Glendale and Columbus, among others, it said.</p>\n<p>a.k.a. Brands expects net sales between $600 million and $610 million for FY2025 and adjusted EBITDA in the range of $27.5 million to $29.5 million, the company declared.</p>\n<p>“2024 marked a pivotal year for a.k.a. Brands. We achieved 5% net sales growth, fueled by impressive mid-teens net sales growth in our U.S. business, and we delivered over 150 basis points of adjusted EBITDA expansion year-over-year – all ahead of our expectations,” said Ciaran Long, CEO.</p>\n<p>Contact:</p>\n<p>Executives-Edge.com</p>\n<p>Editor@executives-edge.com</p></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://finance.yahoo.com/news/k-brands-q4-sales-6-224553905.html\">Exec Edge</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AKA","symbol_name":"a.k.a. 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Brands. We achieved 5% net sales growth, fueled by impressive mid-teens net sales growth in our U.S. business, and we delivered over 150 basis points of adjusted EBITDA expansion year-over-year – all ahead of our expectations,” said Ciaran Long, CEO.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AKA":"a.k.a. Brands Holding Corp."},"translate_title":"又名Brands第四季度销售额增长6.8%，Princess Polly将开设7家新店","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AKA":0.9},"content_text":"By Karen Roman\na.k.a. Brands Holding Corp. (NYSE: AKA) said fourth quarter net sales increased 6.8% to $159 million, compared to $148.9 million the year prior.\nAdjusted EBITDA was $6.2 million, or 3.9% of net sales, in contrast to $1.3 million, or 0.9% of net sales, it stated.\nPrincess Polly will open its SoHo store in New York City in mid-March, and other six new locations in Miami, Glendale and Columbus, among others, it said.\na.k.a. Brands expects net sales between $600 million and $610 million for FY2025 and adjusted EBITDA in the range of $27.5 million to $29.5 million, the company declared.\n“2024 marked a pivotal year for a.k.a. Brands. We achieved 5% net sales growth, fueled by impressive mid-teens net sales growth in our U.S. business, and we delivered over 150 basis points of adjusted EBITDA expansion year-over-year – all ahead of our expectations,” said Ciaran Long, CEO.\nContact:\nExecutives-Edge.com\nEditor@executives-edge.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}