Home New Look 2015 US’ a.k.a. Brands’ sales drop 3.0% to $116.8 mn in Q1 FY24

US’ a.k.a. Brands’ sales drop 3.0% to $116.8 mn in Q1 FY24

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In the first quarter of fiscal 2024, a.k.a. Brands Holding Corp’s net sales slightly declined to $116.8 million, with a net loss of $8.9 million.
However, US net sales grew by 6.2 per cent, while adjusted EBITDA decreased to $0.9 million.
The company’s strategic focus includes customer retention, omni-channel presence, and operational efficiency.In the first quarter of fiscal 2024, a.k.a. Brands Holding Corp’s net sales slightly declined to $116.8 million, with a net loss of $8.9 million.
However, US net sales grew by 6.2 per cent, while adjusted EBITDA decreased to $0.9 million.
The company’s strategic focus includes customer retention, omni-channel presence, and operational efficiency.