In the US market, net sales grew by 14.2 percent year -on -year. The company reported a net loss of $ 8.4 million, or $ 0.78 per share, compared to a net loss of $ 8.9 million, or $ 0.85 per share, in the first quarter of 2024. Adjusted Ebitda improved to $ 2.7 million, compared to $ 0.9 million years.
In the first quarter of 2025, the gross margin improved 57.2 percent, mainly due to the highest sale of complete prices and a better inventory position, partially compensated by the expansion of wholesale efforts. Sales expenses increased to $ 38.2 million of $ 34.2 million, representing 29.7 percent of net sales, driven by new store openings.
The US Aka Brands. UU. It has reported a 10.1 percent yoy increase in net sales of the first quarter of 2025 to $ 128.7 million, driven by strong growth from the United States and improved margins. The adjusted Ebitda increased to $ 2.7 million. The company opened its strongest store of Princess Polly to Soho and plans six more openings in 2025. Orientation projects throughout the year $ 600– $ 610 million in net sales. The CEO Long highlighted a strong demand and strategic execution.
General and administrative expenses increased to $ 25.7 million of $ 22.7 million, representing 20 percent of net sales, largely due to higher wages and incentive compensation. The adjusted Ebitda increased to $ 2.7 million or 2.1 percent of net sales.
During the quarter, Princess Polly opened her seventh store in Soho, marking the strongest launch of the company to date. Plans are being made to open six more stores in 2025, with the aim of a total of 13 at the end of the year. The current network network continues to exceed income expectations and is positively impacting nearby online sales. In addition, the first performance indicators of the wholesale debuts of Princess Polly and Petal & Pup in the entire Nordstrom store fleet have been encouraging, he also known as Brands in a press release.
“We provide a solid start of the year, with an excellent performance of the first quarter promoted by the disciplined execution of our team in our brands. This marks our fourth consecutive trimester of growth, underlining the effectiveness of our strategic initiatives. We cultivate net sales approximately 10 percent to $ 129 million, with a continuous force in the United States that grew 14 percent,” he said. ” Ciaran Long, Executive Director (CEO) of AKA Brands Holding. “It is important to note that the Australia and New Zealand region registered a 6 percent growth in net sales in the quarter, which reflects the progress we have achieved in the last two years, particularly in the Culture Kings brand, to strengthen the business and complete the quarter, benefiting us from the strong high -line growth and a healthy disgusting margin, we exceed our expectations and deliver $ 2.7 million Ebitda adjusted. “
“We continue to deepen the client's participation in the first quarter, achieving a growth of almost 8 percent in our active customer base during the last twelve months, a clear indication of the strong demand for our brands. Our omnicanal expansion plans are also in the superior monitoring and expectations,” Long added.
For the second quarter (Q2) of 2025, the company expects net sales to range between $ 154 million and $ 158 million, with an adjusted ebitda projected between $ 7 million and $ 8 million, depending on a recount of shares diluted average weighted average shares of 10.7 million.
For the full prosecutor 2025 (FY25), also known as Brands anticipates net sales between $ 600 million and $ 610 million and Ebitda adjusted in the range of $ 24 million to $ 27.5 million. The perspective also includes capital expenses (CAPEX) from approximately $ 12 million to $ 14 million and assumes a pounded average diluted shares of 10.8 million. These projections take into account the estimated impact of promulgated rates for 2025.
“As we approach the evolving commercial environment that affects our business in the United States, we are sure that our strategic actions, rapid execution and the flexible business model will allow us He concluded a lot.
Fiber2Fashion News Desk (SG)
