a.k.a. Brands U.S. Net Sales Up 14.2%, Updates FY Guidance
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By Karen Roman
a.k.a. Brands Holding Corp. (NYSE: AKA) said first quarter net sales grew 10.1% to $128.7 million, compared to $116.8 million the year prior, with U.S. net sales increasing 14.2%.
Adjusted EBITDA was $2.7 million, or 2.1% of net sales, compared to $0.9 million, or 0.7% of net sales for the same period of 2024, the company announced.
a.k.a. Brands also updated its outlook for 2025 and now expects net sales between $600 million and $610 million and adjusted EBITDA of $24.0 million to $27.5 million, it said.
“This marks our fourth consecutive quarter of growth, underscoring the effectiveness of our strategic initiatives,” said Ciaran Long, a.k.a. Brands CEO. “We continued to deepen customer engagement in the first quarter, achieving nearly 8% growth in our active customer base over the trailing twelve months.”
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