a.k.a. Brands Holding Q2 2024 GAAP EPS $(0.22) Beats $(0.32) Estimate, Sales $148.931M Beat $135.384M Estimate
Portfolio Pulse from Benzinga Newsdesk
a.k.a. Brands Holding (NYSE:AKA) reported better-than-expected Q2 2024 results with a GAAP EPS of $(0.22), beating the $(0.32) estimate, and sales of $148.931 million, surpassing the $135.384 million estimate. This represents a 9.49% increase in sales compared to the same period last year.
August 07, 2024 | 9:42 pm
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a.k.a. Brands Holding (NYSE:AKA) reported better-than-expected Q2 2024 results with a GAAP EPS of $(0.22), beating the $(0.32) estimate, and sales of $148.931 million, surpassing the $135.384 million estimate. This represents a 9.49% increase in sales compared to the same period last year.
The company's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates by significant margins indicates strong performance and could boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100