AKA Earnings Prediction
The chart below shows how AKA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AKA sees a -5.00% change in stock price 10 days leading up to the earnings, and a -0.23% change 10 days following the report. On the earnings day itself, the stock moves by +1.76%. This data can give you a slight idea of what to expect for the next quarter's release.
AKA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
149.90M
6.44%
0.65%
Gross Margin
57.98%
4.73%
0.45%
Operating Margin
1.08%
193.91%
-12.90%
Net Margin
-3.63%
-92.74%
138.82%
EPS
-0.51
-92.25%
131.82%
No Data Available
AKA Earnings Analysis
a.k.a. Brands Holding Corp. Corporation (AKA.N) Earnings Conference Call
Positive
Net Sales Increase: 1. Net Sales Growth: Achieved approximately $150 million in net sales, marking a 6.4% increase year-over-year, with U.S. sales growing by 19.5%.
Customer Base Growth: 2. Active Customer Base Expansion: The active customer base grew by 14% year-over-year, reaching approximately 4.05 million customers.
Record Gross Margin Achievement: 3. Record Gross Margin: Delivered a gross margin of 58%, the highest level in the past three years, reflecting strong operational efficiency and product strategy.
Adjusted EBITDA Surge: 4. Significant Adjusted EBITDA Increase: Reported adjusted EBITDA of $8.2 million, a 75% increase compared to the same period last year, exceeding expectations.
Retail Expansion Success: 5. Successful Retail Expansion: Opened two new Princess Polly stores in San Diego and Scottsdale, both performing ahead of expectations, with plans for further expansion including a new store in New York City.
Negative
International Sales Decline: 1. Declining International Sales: Sales in Australia and New Zealand contracted by 12% compared to a highly promotional third quarter of 2023, indicating a significant downturn in international performance.
Rising Selling Expenses: 2. Increased Selling Expenses: Selling expenses rose to $41.9 million, up from $36.7 million in the third quarter of 2023, representing an increase from 26% to 27.9% of net sales, which could pressure profitability.
Increasing Administrative Expenses: 3. Rising General and Administrative Costs: General and administrative expenses increased to $27.8 million from $24.6 million year-over-year, with G&A as a percentage of net sales rising from 17.5% to 18.6%, indicating less operational efficiency.
Legal Accrual Effects: 4. Legal Accrual Impact: A $2 million accrual related to a pending legal matter negatively impacted general and administrative costs, reflecting potential risks and uncertainties in the company's operations.
Debt Risk Concerns: 5. High Debt Levels: The company ended the quarter with $111.9 million in debt, which could pose financial risks and limit future investment opportunities.
AKA FAQs
How does AKA typically perform around its earnings report dates?
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AKA Earning Call Sentiment
a.k.a. Brands Holding Corp. (AKA) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
AKA.N
-5.14%Positive
The earnings call reveals strong financial performance with a 6.4% increase in net sales and a significant rise in adjusted EBITDA by 75%. The company is expanding its omni-channel presence and has shown robust U.S. sales growth. Despite competitive pressures and supply chain challenges, optimistic guidance and strategic inventory management suggest positive future prospects. The share repurchase program also indicates confidence in the company's valuation. The Q&A section highlights successful brand expansion and positive market strategies, further supporting a positive sentiment.
