Company sees FY 2026 net sales of $625 mln to $635 mln
Company expects FY 2026 adjusted EBITDA of $30 mln to $32 mln
Company projects Q3 2026 net sales of $160 mln to $164 mln
Analyst coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the apparel & accessories retailers peer group is "buy"
Wall Street's median 12-month price target for AKA Brands Holding Corp is $19.00, about 71.9% above its August 4 closing price of $11.05
Regional sales mix and margin drivers
REGIONAL SALES MIX - U.S. and Rest of World sales grew, while Australia & New Zealand sales declined due to a challenging macro environment and prior-year clearance activity
GROSS MARGIN IMPROVEMENT - Gross margin rose due to lower tariff rates and improved full-price selling in streetwear brands
RETAIL EXPANSION COSTS - Higher selling and marketing expenses were driven by increased store selling costs and brand initiatives
Quarterly results miss sales estimates
US fashion brands portfolio's Q2 net sales declined, missing analyst expectations