NYSE$AKA
a.k.a. Brands Holding · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
a.k.a. Brands reported results for the fourth quarter and full year 2023, with U.S. net sales growing approximately 12% compared to Q4 2022 and balance sheet strengthened through debt paydown.
a.k.a. Brands reported a slight decrease in net sales for Q4 2023, but experienced growth in U.S. net sales. The company focused on inventory reduction and debt paydown during the year. They are planning to expand omnichannel initiatives in 2024.
- Net sales decreased slightly by 0.1% to $148.9 million compared to Q4 2022, but were flat on a constant currency basis.
- U.S. net sales increased by 11.6% compared to the fourth quarter of 2022.
- Net loss was $(13.9) million, compared to net loss of $(173.9) million in the fourth quarter of 2022.
- Adjusted EBITDA was $1.3 million, compared to $6.1 million in the fourth quarter of 2022.
Headline financials
Revenue & EPS history
a.k.a. Brands · Revenue · Quarterly
$149M
Forward guidance
For the full year fiscal 2024, the Company expects net sales between $540 million and $555 million, Adjusted EBITDA between $16 million and $18 million, weighted average diluted share count of 10.7 million, and capital expenditures of approximately $10 million to $12 million.
Tailwinds
- Net sales between $540 million and $555 million
- Adjusted EBITDA between $16 million and $18 million
- Weighted average diluted share count of 10.7 million
- Capital expenditures of approximately $10 million to $12 million
- Opening of three to four Princess Polly stores
Headwinds
- Foreign exchange rates remaining at the current levels
- Continued macroeconomic pressures
- Macroeconomic pressures specifically in Australia and New Zealand
- Unable to project certain reconciling items
- These items are inherently variable and uncertain and depend on various factors
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 Q4 2023
-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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