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a.k.a. Brands (AKA) Surges 6.0%: Is This an Indication of Further Gains?
a.k.a. Brands a.k.a. Brands (US:AKA) ZACKSยท2025-02-27 11:40

Company Overview - a.k.a. Brands (AKA) shares increased by 6% in the last trading session, closing at $16.14, following notable trading volume compared to typical sessions, despite a 7% loss over the past four weeks [1] - The company reported preliminary results for the quarter ending December 31, 2024, with total revenues of approximately $159 million, marking a 6.8% year-over-year increase from $148.9 million in Q4 2023 [2] - U.S. net sales reached around $96.1 million, reflecting a robust 21.6% growth from $79.1 million in the same period last year [2] Earnings Expectations - a.k.a. Brands is expected to report a quarterly loss of $0.14 per share, representing a year-over-year change of +89.3%, with revenues anticipated to be $159 million, up 6.8% from the previous year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - a.k.a. Brands belongs to the Zacks Retail - Apparel and Shoes industry, where another company, Foot Locker (FL), closed the last trading session down 1.4% at $17.43, with a -10% return over the past month [4] - Foot Locker's consensus EPS estimate for the upcoming report has decreased by 0.9% over the past month to $0.72, reflecting a year-over-year change of +89.5%, and it currently holds a Zacks Rank of 4 (Sell) [5]