By Stephen Nakrosis
Shares of a.k.a. Brands Holding were trading higher in Tuesday's late market after the company reported first-quarter financial results and said sales had surpassed their previous guidance and some analysts' expectations.
After the bell, a.k.a. shares were 9% higher, at $9.51. The stock was basically flat in the day's regular session, closing at $8.70.
The global fashion company reported a first-quarter loss per share of 78 cents on sales of $128.7 million. Analysts were expecting a loss per share of 83 cents and sales of $122.4 million, according to FactSet. The company's guidance called for sales of $121 million to $124 million in the quarter.
The company also said it saw nearly 8% growth in its active customer base over the trailing 12 months.
For the second quarter, a.k.a. is expecting sales in a range of $154 million and $158 million.
The company's portfolio includes Princess Polly, Culture Kings, Petal and Pup and mnml.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
May 13, 2025 18:54 ET (22:54 GMT)
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