Quarterly ResultAug 5, 2026, 04:14 PM
a.k.a. Brands Q2 Net Sales $160.1M; Net Loss Narrows; EBITDA +16%
AI Summary
a.k.a. Brands Holding Corp. announced its second quarter 2026 financial results, reporting a slight net sales decrease of 0.3% to $160.1 million. However, the company significantly reduced its net loss to $0.2 million and increased Adjusted EBITDA by 16% to $8.7 million, driven by improved gross margin and financial discipline. The company also reiterated its full-year 2026 outlook and highlighted strategic expansion plans, including Princess Polly targeting 100 U.S. stores long term and Culture Kings signing a new store lease in Puerto Rico.
Key Highlights
- Net sales decreased 0.3% to $160.1 million in Q2 2026, from $160.5 million in Q2 2025.
- Net loss significantly reduced to $0.2 million, or $(0.01) per share, from $3.6 million, or $(0.34) per share, in Q2 2025.
- Adjusted EBITDA increased 16% to $8.7 million in Q2 2026, compared to $7.5 million in Q2 2025.
- Gross margin improved to 61.1% in Q2 2026, up from 57.5% in Q2 2025.
- Princess Polly targets a minimum of 100 U.S. stores long term, with 4 new stores by year-end 2026.
- Culture Kings signed a Puerto Rico store lease and is nearing agreement for a new store in a major U.S. market.
- Reiterated full-year 2026 net sales guidance of $625 million to $635 million.
- Reiterated full-year 2026 Adjusted EBITDA guidance of $30 million to $32 million.
Price Impact
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