NYSE$AKA
a.k.a. Brands Holding · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
a.k.a. Brands reported first quarter financial results
a.k.a. Brands Holding Corp. announced strong first-quarter results, exceeding expectations with net sales increasing by 115.6% to $148.3 million. The company's active customers grew by 46% to over 3.8 million, driven by the U.S. market's strong growth. Despite global macro headwinds, a.k.a. Brands remains confident in delivering growth and profitability.
- Net sales increased 115.6% to $148.3 million, or 23.6% pro-forma adjusting for the acquisition of Culture Kings.
- Net income was $1.5 million or $0.01 per share.
- Active customers increased by 46% to over 3.8 million on a pro-forma basis.
- Adjusted EBITDA was $10.7 million, or 7.2% of net sales.
Headline financials
Revenue & EPS history
a.k.a. Brands · Revenue · Quarterly
$148M
Forward guidance
For the full year fiscal 2022, the Company expects net sales between $785 million and $805 million and Adjusted EBITDA of between $90 million and $100 million. For the second quarter of 2022, the Company expects net sales between $173 million and $177 million and Adjusted EBITDA of between $16 million and $17 million.
Headwinds
- Continued global supply chain challenges
- Air freight prices remaining elevated in 2022
- FX rate moderating in the back half of the year
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2022
-1.7%
Avg return
Earnings day
-0.5%
Avg return
5 days after
-3.8%
Avg return
30 days after
57%
13 / 23 earnings
Positive
+59.5%
Q1 2025
Best reaction
-38.4%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.5% | -7.6% | -19.0% | |
| Q4 2025 | -4.5% | -3.9% | +1.8% | |
| Q3 2025 | +3.3% | -1.3% | -16.0% | |
| Q1 2025 | +59.5% | +55.3% | +38.9% | |
| Q4 2024 | -13.0% | -19.5% | -10.7% | |
| Q3 2024 | -0.1% | -14.9% | -17.3% | |
| Q2 2024 | +8.5% | +19.0% | +38.5% | |
| Q1 2024 | +23.5% | +53.1% | -4.5% | |
| Q4 2023 | -14.3% | -26.1% | -19.8% | |
| Q3 2023 | -21.3% | -20.3% | +30.0% | |
| Q2 2023 | -21.7% | -30.4% | -6.2% | |
| Q1 2023 | +10.6% | +6.7% | +34.2% | |
| Q4 2022 | -38.4% | -45.4% | -68.8% | |
| Q3 2022 | +17.3% | +27.6% | +5.8% | |
| Q2 2022 | +4.1% | +19.5% | +9.7% | |
| Q1 2022 | -5.6% | +9.8% | +14.5% | |
| Q4 2019 | -32.1% | -43.6% | -41.3% | |
| Q4 2021 | -32.1% | -43.6% | -41.3% | |
| Q3 2020 | +3.1% | +10.8% | -3.1% | |
| Q2 2021 | +3.1% | +10.8% | -3.1% | |
| Q4 2020 | +3.1% | +10.8% | -3.1% | |
| Q3 2021 | +3.1% | +10.8% | -3.1% | |
| Q1 2021 | +3.1% | +10.8% | -3.1% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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