a.k.a. Brands Q2 FY26 net loss narrows to USD 161,000; net sales slip 0.3% to USD 160.1 million - AKA News | Ralliesa.k.a. Brands Q2 FY26 net loss narrows to USD 161,000; net sales slip 0.3% to USD 160.1 million
A
AKA• Outlook maintained
- 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.
Store expansion plans continue
- 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.
Q2 results improve as net loss narrows
- 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.
GHM
•