Why Specialty Retail Company A.K.A. Brands Shares Are Diving Today
Why Specialty Retail Company A.K.A. Brands Shares Are Diving Today
A.K.A. Brands Holding (NYSE:AKA) shares are trading lower today. Truist Securities analyst Youssef Squali downgraded the stock to Hold from Buy at a lowered price target to $10 from $12.
AKA Brands Holding（紐約證券交易所代碼：AKA）的股價今天走低。Truist Securities分析師優素福·斯誇利將該股的評級從買入下調至持有，將目標股價從12美元下調至10美元。
The analyst re-rated the stock following the company's softer-than-expected fourth-quarter FY23 results and below consensus FY24 guidance, reflecting a tough macro environment in Australia and operational challenges.
在該公司公佈的23財年第四季度業績低於預期且低於24財年共識預期之後，該分析師對該股進行了重新評級，這反映了澳大利亞艱難的宏觀環境和運營挑戰。
Yesterday, the company reported adjusted EPS loss of $(0.310), which beat the consensus of $(0.470), but sales of $148.912 million missed the consensus of $154.142 million.
昨天，該公司報告調整後的每股收益虧損爲0.310美元，超過了市場普遍預期的0.470美元，但1.48912億美元的銷售額未達到預期的1.54142億美元。
The company expects first-quarter FY24 revenue of $108 million-$112 million (vs. an estimate of $124.42 million) and FY24 revenue of $540 million-$555 million vs. street view of $583.93 million.
該公司預計，24財年第一季度收入爲1.08億美元至1.12億美元（估計爲1.2442億美元），24財年收入爲5.4億美元至5.55億美元，而街景爲5.8393億美元。
Nevertheless, Squali cited that the growth in the U.S. has improved to the DDs%, led by improvements across all key brands. The analyst added that the improving inventory turnover and lower capex/opex drive positive FCF for the company, aiding it in reducing debt and strengthening its balance sheet.
儘管如此，Squali指出，在所有主要品牌的改善的帶動下，美國的增長已提高到DdS％。該分析師補充說，庫存週轉率的改善和資本支出/運營支出的降低爲公司帶來了正的FCF，有助於其減少債務和加強資產負債表。
However, the analyst said the company's efforts to enhance its offering & expand into wholesale/omnichannel are not likely to happen until FY25.
但是，該分析師表示，該公司要到25財年才可能努力加強其產品並擴展到批發/全渠道。
Squali lowered the revenue estimate for FY24 to $544 million from $568 million. For the first quarter of FY24, the analyst estimates revenue and Adjusted EBITDA of $108 million and $0.395 million, respectively.
Squali將24財年的收入預期從5.68億美元下調至5.44億美元。分析師估計，24財年第一季度的收入和調整後的息稅折舊攤銷前利潤分別爲1.08億美元和39.5萬美元。
The analyst expects revenue of $571 million for FY25 vs. a consensus of $594 million.
該分析師預計，25財年的收入爲5.71億美元，而市場普遍預期爲5.94億美元。
Price Action: AKA shares are down 16.18% at $10.00 on the last check Friday.
價格走勢：在週五的最後一次支票中，AKA股價下跌16.18％，至10.00美元。
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譯文內容由第三人軟體翻譯。