Alliance Entertainment Holding Corporation - AENT STOCK NEWS

Alliance Entertainment (NASDAQ: AENT) has launched its new line of Handmade by Robots™ collectible figures in select Walmart stores nationwide and on Walmart.com as of February 7. The collection features meticulously crafted pieces celebrating pop culture icons, including exclusive -edition Blacklight figures from Back to the Future featuring Marty McFly and Doc Emmett Brown, as well as Shorty and Spikey characters from Killer Klowns from Outer Space.

The launch represents a strategic expansion of Alliance Entertainment's retail presence through Walmart's growing collectible assortment, aiming to make these premium collectibles more accessible to a broader audience while capitalizing on the increasing consumer demand for exclusive and -run collectibles.

Alliance Entertainment (NASDAQ: AENT) has announced its upcoming second quarter fiscal year 2025 earnings conference call, scheduled for February 13, 2025, at 4:30 p.m. Eastern Time. The call will discuss results for the quarter ended December 31, 2024, with a press release to be issued before the call.

Executive Chairman Bruce Ogilvie and CEO/CFO Jeff Walker will host the call, which will include a Q&A session and presentation. The company, a global distributor of music, movies, toys, collectibles, and consumer electronics, maintains an inventory of over 325,000 unique SKUs, including 57,300 exclusive items across various media formats.

Shareholders and interested parties can access the call via toll-free (1-877-407-0784) or international (1-201-689-8560) numbers using Conference ID 13751293. A replay will be available until April 13, 2025.

Alliance Entertainment (AENT) has acquired Handmade by Robots, a collectible vinyl figures brand known for replicating knitted/crocheted plush toys aesthetics. The acquisition strengthens AENT's collectibles division and expands its licensed products portfolio. Handmade by Robots creates detailed vinyl figures featuring characters from major franchises like DC Comics, Ghostbusters, Harry Potter, and others.

The company plans to leverage its global distribution network across 72 countries and partnerships with major retailers like Costco, Walmart, Target, and Hot Topic to expand the brand's reach. Alliance will collaborate with previous owner BDA (Bensussen Deutsch & Associates) for design and manufacturing services. The brand will continue selling through handmadebyrobots.com and various social media channels, offering exclusive releases and chase versions.

Alliance Entertainment Holding (Nasdaq: AENT) announces an exclusive live investor webinar and Q&A session scheduled for December 10, 2024, at 4:15 p.m. ET. The event, hosted by RedChip Companies, will feature Chairman Bruce Ogilvie and CEO Jeff Walker discussing the company's position as the leading physical media distributor.

The presentation will highlight Alliance's dominant market position, emphasizing their extensive relationships with major content producers and retailers like Walmart, Amazon, and Best Buy, as well as thousands of independent stores globally. The company's business model as a capital-light, low-cost provider will also be discussed. Investors can register for free and submit questions before or during the event.

Alliance Entertainment's DS division (NASDAQ: AENT) has partnered with FIFTH SEASON for exclusive home entertainment distribution in the US and Canada. The agreement includes overseeing sales and packaging localization for critically acclaimed TV series. Initial releases include Nine Perfect Strangers, Truth Be Told, and the Emmy® Award-Winning Severance Season 1, launching December 17, 2024. This partnership strengthens Alliance Entertainment's position in physical media distribution, with exclusive partnerships representing 23% of their $1.1 billion revenue in fiscal year 2024.

Alliance Entertainment (AENT) reported strong Q1 FY2025 results with net revenue of $229 million. Key highlights include increased sales across vinyl (4.8%), CDs (4.0%), physical movies (13.2%), and gaming products (8.6%). Direct-to-Consumer sales grew to 34% of gross revenue, up from 30% year-over-year. The company achieved net income of $0.4 million, a $3.9 million improvement from prior year's loss, while Adjusted EBITDA improved to $3.4 million. Operating expenses decreased significantly, with distribution costs down 23% and SG&A down 9%. The company reduced its revolver debt by 33% to $85 million and decreased inventory levels to $138 million.

Sub Pop Records, through AMPED Distribution (Alliance Entertainment - Nasdaq: AENT), launched a major campaign with Barnes & Noble running from October 2, 2024, to January 5, 2025. The promotion features six exclusive edition color variant vinyl LPs sold exclusively at Barnes & Noble stores, including releases from Suki Waterhouse, Father John Misty, Beach House, Fleet Foxes, Soundgarden, and Orville Peck. Customers purchasing any Sub Pop vinyl or CD receive a free branded tote bag while supplies last. The campaign includes special store displays, social media promotion, and autographed vinyl giveaways at 16 new Barnes & Noble store openings in November 2024.

Alliance Entertainment (Nasdaq: AENT) announced it will host a conference call on November 12, 2024, at 4:30 p.m. Eastern Time to discuss first quarter fiscal 2025 results for the period ended September 30, 2024. Executive Chairman Bruce Ogilvie and CEO/CFO Jeff Walker will lead the call, which includes a Q&A session and presentation. The company, a global distributor of music, movies, toys, and electronics, offers over 325,000 unique SKUs, including 57,300 exclusive media items. The call will be available for replay through January 12, 2024.

Distribution Solutions, a division of Alliance Entertainment (NASDAQ: AENT), has secured an exclusive distribution partnership with Magenta Light Studios for physical home entertainment releases in the US and Canada. The agreement covers domestic sales, authoring, manufacturing, and trade marketing for all upcoming Magenta Light Studios physical releases. The partnership's first release will be Strange Darling, launching on DVD and Blu-ray on November 12, 2024. The horror film, which features Willa Fitzgerald and Kyle Gallner, achieved $3M at the domestic box office and holds a 95% Critics Score on Rotten Tomatoes with a Certified Fresh rating.