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Stock impact report

a.k.a. Brands Holding Corp. Reports First Quarter 2024 Financial Results [Yahoo! Finance]

Simon Property Group, Inc. (SPG) 
Last simon property group, inc. earnings: 2/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.simon.com
Company Research Source: Yahoo! Finance
Strengthened Balance Sheet Year-over-Year Through Inventory Reduction of 19% and Debt Reduction of 22% On Track to Open Three Princess Polly Stores in 2024 SAN FRANCISCO, May 08, 2024 BUSINESS WIRE a.k.a. Brands Holding Corp. (NYSE: AKA), a brand accelerator of next generation fashion brands, today announced financial results for the first quarter ended March 31, 2024. Results for the First Quarter Net sales decreased 3.0% to $116.8 million, compared to $120.5 million in the first quarter of 2023; down 1% on a constant currency basis In the U.S., net sales increased 6.2% compared to the first quarter of 2023. Net loss was $(8.9) million, or $(0.85) per share in the first quarter of 2024, compared to net loss of $(9.6) million, or $(0.89) per share in the first quarter of 2023. Adjusted EBITDA was $0.9 million in the first quarter of 2024, compared to $2.2 million in the first quarter of 2023. "2024 is off to a great start, and I'm pleased that we delivered a solid fir Show less Read more
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