By Karen Roman
Fashion brand accelerator a.k.a. Brands Holding Corp. (NYSE: AKA) said net sales rose 6.4% to $149.9 million in the third quarter, with U.S. net sales increasing 19.5%.
Adjusted EBITDA was $8.2 million compared to $4.7 million in the same period of the year prior, it stated.
Princess Polly opened three stores in San Diego, Scottsdale and Boston and will open a NYC store in Soho in early 2025, it said.
“I’m proud that we delivered another strong quarter, exceeding top and bottom-line expectations, while further advancing our strategic growth initiatives,” said Ciaran Long, Chief Financial Officer and interim CEO.
Contact:
