Earnings Call Summary | A.k.a. Brands(AKA.US) Q1 2024 Earnings Conference
Earnings Call Summary | A.k.a. Brands(AKA.US) Q1 2024 Earnings Conference
The following is a summary of the A.k.a Brands Holding Corp. (AKA) Q1 2024 Earnings Call Transcript:
以下是又名品牌控股公司（AKA）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
a.k.a Brands reported Q1 net sales of $117 million, with a US growth of more than 6% exceeding company guidance.
The company delivered a positive adjusted EBITDA of $874,000 with a gross margin for the quarter at 56.2%.
The company significantly reduced its debt by 22% from the previous year.
Active customer growth reported during Q1 2024 was 5.5%.
The company has raised the lower end of its net sales guidance range for the year to $545-555 million.
又名品牌報告稱，第一季度淨銷售額爲1.17億美元，美國增長超過公司預期的6％。
該公司調整後的息稅折舊攤銷前利潤爲87.4萬美元，本季度毛利率爲56.2％。
該公司的債務比上年大幅減少了22％。
2024年第一季度報告的活躍客戶增長爲5.5％。
該公司已將其年度淨銷售指導區間的下限提高至5.45億至5.55億美元。
Business Progress:
業務進展：
Flagship brand, Princess Polly, successfully launched an activewear collection and grew its global email and SMS subscriptions.
Petal & Pup expanded its omni-channel marketplace presence with a successful launch on Nordstrom's website.
Culture Kings U.S. business reported strong double-digit net sales growth in another consecutive quarter.
New customer growth was driven by ratcheting up product categories and their test-and-repeat merchandising approach.
The company is working on enhancing omni-channel strategies, including experiential stores, marketplaces, and wholesale channels, whilst driving operational efficiencies.
They are confident of delivering consistent long-term growth in 2024 and have increased their focus on attracting new customers and enhancing online channels.
Inventory build-up is expected in the US operations due to continued growth, while they anticipate further actions leading to a decrease in inventory in Australia.
The first quarter ended with utmost momentum, especially in U.S sales, which grew by 6.2%, and significant expansion of its active customer base.
An impressive Q1 performance is expected to give a strong start to Q2, while over 30% of customers walking into the Princess Polly store in L.A. are new to the brand.
Continued focus on growth and brand investment, as well as improving their balance sheet by reducing debt. They will also make a capital expenditure of $10-12 million on growth and continue to pay down debt to avoid high leverage.
旗艦品牌Princess Polly成功推出了運動服系列，並增加了其全球電子郵件和短信訂閱量。
Petal & Pup在Nordstrom網站上成功推出，擴大了其在全渠道市場的影響力。
Culture Kings美國業務連續一個季度報告了強勁的兩位數淨銷售增長。
新客戶增長是由產品類別的擴大及其測試和重複銷售方法推動的。
該公司正在努力加強全渠道戰略，包括體驗式門店、市場和批發渠道，同時提高運營效率。
他們有信心在2024年實現持續的長期增長，並更加註重吸引新客戶和增強在線渠道。
由於持續增長，預計美國業務的庫存將增加，而他們預計將採取進一步的行動，導致澳大利亞的庫存減少。
第一季度結束時勢頭強勁，尤其是在美國的銷售額增長了6.2％，其活躍客戶群也大幅擴大。
預計第一季度令人印象深刻的業績將爲第二季度帶來良好的開端，而進入洛杉磯波莉公主商店的顧客中有30％以上是該品牌的新客戶。
繼續關注增長和品牌投資，並通過減少債務來改善資產負債表。他們還將在增長方面投入1,000萬至1200萬美元的資本支出，並繼續償還債務以避免高槓杆率。
More details: a.k.a. Brands IR
更多詳情： 又名品牌投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。