AKA BRANDS HOLDING CORP
For the period ended Mar 31, 2024. Filed May 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
AKA$9.01-7.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income
(in thousands, except share and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Net sales | $116,840 | $120,485 |
| Cost of sales | 51,166 | 51,985 |
| Gross profit | 65,674 | 68,500 |
| Operating expenses: | ||
| Selling | 34,215 | 34,406 |
| Marketing | 14,879 | 14,777 |
| General and administrative | 22,673 | 25,868 |
| Total operating expenses | 71,767 | 75,051 |
| Loss from operations | (6,093) | (6,551) |
| Other expense, net: | ||
| Interest expense | (2,278) | (2,851) |
| Other expense | (543) | (1,034) |
| Total other expense, net | (2,821) | (3,885) |
| Loss before income taxes | (8,914) | (10,436) |
| (Provision for) benefit from income taxes | (19) | 883 |
| Net loss | $(8,933) | $(9,553) |
| Net loss per share: | ||
| Basic and diluted* | $(0.85) | $(0.89) |
| Weighted average shares outstanding: | ||
| Basic and diluted* | 10,520,458 | 10,753,384 |
*Amounts for the three months ended March 31, 2023, adjusted for the one-for-12 Reverse Stock Split. Refer to Note 13, “Stockholders’ Equity.”
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