a.k.a. Brands Holding Corp. reported Q1 2026 net sales of $132.5 million, up 3% year-over-year, with Adjusted EBITDA of $5.1 million and raised full-year guidance.
Key takeaways
Net sales increased 3.0% to $132.5 million from $128.7 million in Q1 2025.
Gross margin expanded to 63.1% from 57.2% in Q1 2025, driven by inventory discipline and full-price selling.
Adjusted EBITDA rose to $5.1 million from $2.7 million in Q1 2025.
Raised FY 2026 Adjusted EBITDA guidance to $30-32 million from prior $27-29 million.
Cash and equivalents at $12.9 million; inventory down to $67.7 million; debt at $109.6 million as of March 31, 2026.
Recognized $25.8 million receivable for IEEPA tariff refunds.