NYSE$AKA
a.k.a. Brands Holding · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Net sales increased by 6.4%, with U.S. net sales up 19.5%, and active customer growth of 14.1%.
a.k.a. Brands reported a strong third quarter, exceeding top and bottom-line expectations. Net sales increased by 6.4% to approximately $150 million, driven by a 19.5% increase in U.S. net sales. Adjusted EBITDA increased by 75% to over $8 million.
- Net sales increased 6.4% to $149.9 million compared to Q3 2023.
- U.S. net sales increased 19.5% compared to Q3 2023, reaching $100 million.
- Net loss was $(5.4) million, an improvement compared to net loss of $(70.4) million in Q3 2023.
- Adjusted EBITDA was $8.2 million, a 75% increase compared to $4.7 million in Q3 2023.
Headline financials
Revenue & EPS history
a.k.a. Brands · Revenue · Quarterly
$150M
Forward guidance
For the full fiscal year 2024, the Company now expects net sales between $567 million and $572 million and Adjusted EBITDA between $22 million and $23 million.
Tailwinds
- Net sales between $567 million and $572 million
- Adjusted EBITDA between $22 million and $23 million
- Weighted average diluted share count of 10.6 million
Headwinds
- Foreign exchange rates remaining at the current levels
- The opening of three Princess Polly stores in the fourth quarter of 2024
- Continued macroeconomic pressures, specifically in Australia and New Zealand
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 Q3 2024
-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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro