a.k.a. Brands Q2 FY26 net loss narrows to USD 161,000; net sales slip 0.3% to USD 160.1 million
Reuters2026/08/05 20:29Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- a.k.a. Brands posted Q2 net sales down 0.3% to USD 160.1 million; net loss narrowed to USD 0.2 million, or USD 0.01 per share.
- Gross margin widened 3.6 percentage points to 61.1% due to lower tariff rates and improved full-price selling at its streetwear brands.
- Adjusted EBITDA (non-GAAP) rose to USD 8.7 million from USD 7.5 million.
- Princess Polly targets at least 100 U.S. stores long term; Culture Kings signed a Puerto Rico store lease and nears a deal for a new U.S. store.
- Kept full-year outlook for net sales of USD 625 million-USD 635 million; sees Q3 net sales of USD 160 million-USD 164 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. a.k.a. Brands Holding Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608051605BIZWIRE_USPR_____20260805_BW495697) on August 05, 2026, and is solely responsible for the information contained therein.
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