Aka Brands news and archive

19.5 percent growth in the US drives a.k.a. Brands Q3 results

Net sales at a.k.a. Brands increased 6.4 percent to 149.9 million dollars in the third quarter and were up 5.2 percent on a constant currency basis. In the US, net sales increased 19.5 percent. Net loss for the quarter reduced to 5.4 million dollars or 51 cents per share, while adjusted EBITDA rose to 8.2 million dollars. “I’m proud that we...

Business

A.k.a. Brands narrows Q2 loss, adjusted EBITDA up 44 percent

Net sales at A.k.a. Brands increased 9.5 percent or 10.1 percent constant currency basis to 148.9 million dollars in the second quarter. In the US, net sales increased 19.3 percent. Net loss for the quarter narrowed to 2.3 million dollars or 22 cents per share, while adjusted EBITDA increased to 8 million dollars. “Our second quarter results...