Streetbeat News

AENT

Alliance Entertainment Holding Corporation

Industry

Entertainment

Alliance Entertainment Holding Corporation operates as a wholesaler, distributor, and e-commerce provider for the entertainment industry worldwide. It offers vinyl records, video games, digital video discs, blu-rays, toys, compact discs, collectibles, and other entertainment and consumer products. The company also provides third party logistics products and services. It distributes its physical media, entertainment products, hardware, and accessories through multi-channel strategy. The company was founded in 1990 and is headquartered in Plantation, Florida.

Open

4.05

Mkt cap

196M

Volume

34K

High

4.05

P/E Ratio

-64.17

52-wk high

4.99

Low

3.84

Div yield

N/A

52-wk low

0.65

Shares of companies within the consumer discretionary sector are trading lower due to overall market weakness and concerns about a US economic slowdown, which could impact consumer spending.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:21 pm

Alliance Entertainment has announced an exclusive distribution agreement with Arcade1Up for North American retail and website fulfillment of arcade and gaming products.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:38 pm

Mill Creek Entertainment has expanded its partnership with Tsuburaya Fields Media & Pictures Entertainment, securing digital and physical rights for the full slate of ULTRAMAN series and films, including many US debuts.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 12:34 pm

Alliance Entertainment Holding has appointed Warwick Goldby as the new Chief Operating Officer (COO).

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:33 pm

Alliance Entertainment's Distribution Solutions has extended its partnership with Cineverse Corp, continuing to release a variety of home entertainment titles, including Hallmark movies and cult horror classics.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 12:44 pm

Alliance Entertainment (AENT) reported a Q3 EPS of $(0.07), improving from $(0.16) YoY. However, sales decreased to $211.20M from $227.70M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:18 pm

Alliance Entertainment Holding Corporation (NASDAQ:AENT) reported a sales increase of over 30% for its Independent Retail Division during the 2024 Record Store Day event compared to the previous year. The event, which celebrates independent record stores, saw Alliance distributing over 600,000 units across 400 unique titles. The success is attributed to the growth of vinyl records, with sales surpassing 43 million units in 2023. Challenges included managing releases from Taylor Swift and Pearl Jam, but the effort led to Alliance's largest sales month ever. AMPED Distribution, a division of Alliance, contributed by releasing 68 unique titles for the event.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 12:50 pm

In Thursday's intraday session, 12 consumer discretionary stocks showed significant movement. Notably, Boqii Holding and Strategic Education were among the top gainers, with increases of 19.2% and 14.88% respectively, attributed to Boqii Holding's market cap of $1.4 million and Strategic Education's Q1 earnings release. Conversely, E-Home Household Service and Jakks Pacific led the losers, with declines of 73.7% and 16.8% respectively, with E-Home's market cap at $13.6 million and Jakks Pacific's Q1 earnings influencing their stock prices.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 4:31 pm

In Wednesday's pre-market session, consumer discretionary stocks saw significant movements. Amesite and Volcon were among the top gainers, with Amesite surging 57% and Volcon up 15.41%. Tesla also rose by 12.89% following its Q1 earnings report. On the downside, Vince Holding and Nova Lifestyle were notable losers, dropping 10% and 6.57%, respectively. The movements reflect a mix of earnings reports and market adjustments.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 12:06 pm

In Monday's after-market session, 12 consumer discretionary stocks showed notable movements. Alliance Entertainment, JX Luxventure, Secoo Holding, Kaixin Holdings, RealReal, and Newegg Commerce were among the gainers, with increases ranging from 3.04% to 7.2%. Conversely, Kaival Brands Innovations, Digital Brands Group, China Liberal Education, Greenlane Holdings, Big 5 Sporting Goods, and Cricut experienced declines between 2.8% and 10.3%. Digital Brands Group's drop was highlighted alongside its Q4 earnings release.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 8:31 pm

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