a.k.a. Brands reported a 9.5 per cent increase in Q2 FY24 net sales, reaching $148.9 million, driven by a 16 per cent rise in orders, especially in the US.
Gross margin improved to 57.7 per cent, while selling expenses grew to $41.2 million.
Adjusted EBITDA rose to $8 million, or 5.4 per cent of net sales, up from $5.6 million in Q2 FY23.a.k.a. Brands reported a 9.5 per cent increase in Q2 FY24 net sales, reaching $148.9 million, driven by a 16 per cent rise in orders, especially in the US.
Gross margin improved to 57.7 per cent, while selling expenses grew to $41.2 million.
Adjusted EBITDA rose to $8 million, or 5.4 per cent of net sales, up from $5.6 million in Q2 FY23.
US’ a.k.a. Brands’ net sales climb 9.5% to $148.9 mn in Q2 FY24
