AKA Brands lifts Q1 margins to 59%, narrows loss as Princess Polly stores scale
Princess Polly parent posted $132.5M Q1 FY26 net sales, up 3% YoY on 4% order growth, with gross margin expanding to 59% and net loss narrowing to $7.1M from $8.4M. Princess Polly is on track for 17 US stores and 2 in Australia by year-end, plus an LA pop-up. FY26 guidance set at $625M–$635M.
AKA Brands' Q1 FY26 net sales rose 3% to $132.5M with gross margin expanding to 59% and net loss narrowing to $7.1M. Princess Polly targeting 17 US and 2 Australian stores by year-end, plus LA pop-up.
Why this matters
AKA Brands continues its physical retail pivot anchored by Princess Polly, pairing margin expansion with store expansion as it pushes toward profitability and FY26 revenue above $625M.
Retail-company signals steady at 196 in the last 90 days.