NYSE$AKA

a.k.a. Brands Holding · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Net sales increased, but net loss and Adjusted EBITDA decreased compared to the second quarter of fiscal year 2021.

a.k.a. Brands Holding Corp. reported a 6.2% increase in net sales to $158.5 million compared to the second quarter of 2021. However, the company experienced a net loss of $(4.2) million, or $(0.03) per share, and an Adjusted EBITDA of $5.9 million, or 3.7% of net sales, which are lower than the previous year.

  • Net sales increased 6.2% to $158.5 million compared to Q2 2021.
  • U.S. net sales grew 16% compared to the second quarter of fiscal 2021.
  • Net loss was $(4.2) million or $(0.03) per share in the second quarter of 2022.
  • Active Customers increased 34% on a LTM Basis Compared to the Same Period Last Year

Headline financials

Total Revenue

$158M

Previous: $149M+6.2%
EPS (adj)

-$0.36

Previous: $0.36-200.0%
Active Customers

3.9M

Previous: 2.9M+34.5%
Average Order Value

$85.00

Previous: $89.00-4.5%
Capital Expenditures

-$5.8M

Previous: $3.06M-289.4%
Free Cash Flow

-$10M

Previous: -$14.6M+31.2%
Net Income

-$4.21M

Previous: $2.43M-273.3%
Operating Income

-$2.57M

Previous: $7.28M-135.3%
Gross Profit

$87.4M

Previous: $81.4M+7.4%
Cash & Equivalents

$29.1M

Previous: $36.6M-20.4%
Total Assets

$699M

No prior period
Stock-Based Comp

$1.49M

Previous: $609K+145.3%

Revenue & EPS history

a.k.a. Brands · Revenue · Quarterly

$158M

Q2 2022+6.2%vs Q2 2021
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

For the full year fiscal 2022, the Company expects net sales between $625 million and $635 million and Adjusted EBITDA of between $38 million and $40 million. For the third quarter of 2022, the Company expects net sales between $150 million and $153 million and Adjusted EBITDA of between $9.0 million and $9.2 million.

Headwinds

  • Continued foreign exchange rate pressure
  • Promotional environment
  • Elevated return rate

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 Q2 2022

Historical avgQ2 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

Earnings price reactions
QuarterReport dateReaction (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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