Q2 FY24 Results: Mytheresa posts positive growth and strong financial results outperforming a consolidating market
MYT Netherlands Parent B.V. American Depositary Shares, each representing one Ordinary Share (MYTE)
Company Research
Source: Business Wire
Solid Growth with Net Sales growing +8.3% on a constant currency basis (+3.6% on an IFRS basis) despite challenging macro environment in Q2 FY24US Market Outperformance with excellent Net Sales growth of +17.4% and +47.6% growth of US Top Customers in Q2 FY24Continued global Top Customers Growth with number of Top Customers growing by +15.6% in Q2 FY24New record high of Average Order Value LTM increasing by +5.4% to €672 in Q2 FY24Leading profitability during the quarter with an adjusted EBITDA margin of 4.0% MUNICH--(BUSINESS WIRE)--MYT Netherlands Parent B.V. (NYSE: MYTE) (“Mytheresa” or the “Company”), the parent company of Mytheresa Group GmbH, today announced financial results for its second quarter fiscal year 2024 ended December 31, 2023. The luxury multi-brand digital platform reported solid financials posting positive growth and profitability clearly outperforming a consolidating market.Mytheresa’s second quarter highlights include a strong double-digit revenue growth in t
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MYTE
News
- Mytheresa Announces Preliminary Third Quarter Results – Double-Digit Topline Growth Significantly Improved ProfitabilityBusiness Wire
- A Look At The Fair Value Of MYT Netherlands Parent B.V. (NYSE:MYTE) [Yahoo! Finance]Yahoo! Finance
- Analysts Have Made A Financial Statement On MYT Netherlands Parent B.V.'s (NYSE:MYTE) Interim Report [Yahoo! Finance]Yahoo! Finance
- MYT Netherlands Parent B.V. (NYSE: MYTE) had its price target lowered by analysts at UBS Group AG from $5.00 to $4.75. They now have a "buy" rating on the stock.MarketBeat
- MYT Netherlands Parent B.V. (NYSE:MYTE) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
MYTE
Earnings
- 2/15/24 - Beat
MYTE
Analyst Actions
- 2/16/24 - UBS
MYTE
Sec Filings
- 4/18/24 - Form 6-K
- 4/2/24 - Form 6-K
- 2/15/24 - Form 6-K
- MYTE's page on the SEC website