Streetbeat News

AKA

a.k.a. Brands Holding Corp.

https://www.aka-brands.com

Industry

Specialty Retail

a.k.a. Brands Holding Corp. operates a portfolio of online fashion brands in the United States, Australia, and internationally. It offers apparel, footwear, and accessories through its online stores under the Princess Polly, Culture Kings, Petal & Pup, mnml, and Rebdolls brands, as well as operates eight physical stores under the Culture Kings brand name. The company was founded in 2018 and is headquartered in San Francisco, California.

Open

18.66

Mkt cap

182M

Volume

24K

High

18.66

P/E Ratio

-5.91

52-wk high

33.73

Low

16.11

Div yield

N/A

52-wk low

6.74

a.k.a. Brands Holdings shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 net sales guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:49 pm

a.k.a. Brands has projected its Q3 2024 net sales to be between $141M and $145M, surpassing the estimated $135.38M. The company also expects an adjusted EBITDA of $6M-$7M and 10.6M diluted shares. For FY 2024, net sales are projected to be $560M-$565M with an adjusted EBITDA of $20M-$22M and 10.6M diluted shares.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:55 pm

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.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:42 pm

A.K.A. Brands shares are trading higher following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:30 pm

Telsey Advisory Group has maintained its Market Perform rating and $22 price target for a.k.a. Brands Holding (NYSE:AKA).

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:35 am

Analysts have provided mixed ratings for a.k.a. Brands Holding (NYSE:AKA) over the past quarter, with a majority being bullish. The average 12-month price target has increased to $24.5. Despite revenue challenges and below-average financial metrics, analysts maintain a positive outlook.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 2:00 pm

Small Cap Consumer Research analyst Eric Beder has reiterated a Buy rating on a.k.a. Brands Holding (NYSE:AKA) and maintained a $25 price target.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:22 pm

Small Cap Consumer Research analyst Eric Beder has reiterated a Buy rating on a.k.a. Brands Holding (NYSE:AKA) and maintained a $25 price target.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 11:21 am

Over the past three months, 5 analysts have evaluated a.k.a. Brands Holding (NYSE:AKA), with a majority being bullish. The average 12-month price target has increased to $20.0, with a high estimate of $25.00 and a low estimate of $14.00. The company's financial metrics show mixed performance, with challenges in revenue growth and returns but strong net margins and debt management.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 2:01 pm

Small Cap Consumer Research analyst Eric Beder has reiterated a Buy rating on a.k.a. Brands Holding (NYSE:AKA) and maintained a $25 price target.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:52 pm

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