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aka Brands Holding Corp ( (AKA) ) has provided an announcement.
a.k.a. Brands Holding Corp. reported a 6.4% increase in net sales for Q3 2024, driven by a strong 19.5% growth in the U.S. market, reaching $149.9 million. The company’s adjusted EBITDA surged by 75% to $8.2 million, reflecting effective strategic initiatives and a commitment to growth. Notable expansions include Princess Polly’s upcoming NYC store and Petal & Pup’s presence in 40 Nordstrom stores. The company forecasts net sales between $567 million and $572 million for 2024, focusing on continued brand expansion and shareholder value.
See more data about AKA stock on TipRanks’ Stock Analysis page.
