Myt Netherlands Parent B V Stock Price, News & Analysis

MYT Netherlands Parent B.V. (NYSE: MYTE) reported robust financial results for FY22, achieving a 21.3% growth in Gross Merchandise Value (GMV) to €747.3 million and reaching an Adjusted EBITDA margin of 9.6%. The company also noted a two-year GMV growth of 66.3% and a three-year GMV growth of 97.1%. For FY23, MYTE forecasts GMV growth between 16% to 22%, with stable Adjusted EBITDA margins of 9.0% to 9.5%. These figures reflect Mytheresa's strong positioning in the luxury digital market and its ability to adapt amidst economic challenges.

MYT Netherlands Parent B.V. (NYSE:MYTE), the parent company of Mytheresa, announced the upcoming release of its fourth quarter and full fiscal year 2022 financial results, scheduled for September 15, 2022, prior to the U.S. market opening. A conference call is set for 8:00 AM ET on the same day to discuss the results. Mytheresa is recognized as a leading global luxury fashion e-commerce platform, offering a curated selection from over 200 luxury brands and reporting €612.1 million in net sales, a growth of 36.2% compared to fiscal year 2020.

MYT Netherlands Parent B.V. (MYTE) reported Q3 FY22 results, showing Gross Merchandise Value (GMV) growth of 13.2% to €186.6 million, up from €164.8 million in Q3 FY21. The company achieved a 14.4% increase in Gross Profit to €82.8 million and stable profitability with adjusted EBITDA of €10.2 million. Despite external challenges, the luxury sector remains resilient, with a notable 21.6% growth in active customers year-over-year. The company anticipates achieving its full-year guidance at the low end, with GMV expectations between €755 million and €775 million.

MYT Netherlands Parent B.V (NYSE:MYTE), known as Mytheresa, has announced key participation in upcoming investment conferences. CEO Michael Kliger and CFO Martin Beer will engage in a virtual Fireside Chat at the Needham 17th Annual Technology & Media Conference on May 16, 2022, at 8:45 AM ET. Additionally, Martin Beer will attend the Cowen Future of the Consumer Conference in New York on May 24-25, 2022, with a Fireside Chat scheduled for May 24 at 10:00 AM ET. Investors can access live webcasts on Mytheresa’s investor relations website.

Mytheresa (MYTE) announced the upcoming release of its third quarter fiscal year 2022 financial results, set for May 10, 2022, before the U.S. market opens. The company will host a conference call at 8:00 AM Eastern Time the same day to discuss the results. Mytheresa is recognized as a leading global luxury fashion e-commerce platform, reporting net sales of €612.1 million, reflecting a 36.2% increase compared to the previous fiscal year.

MYT Netherlands Parent B.V. (NYSE: MYTE) announced that CEO Michael Kliger and CFO Martin Beer will attend investor conferences virtually. The events include the Bank of America ESG Consumer & Retail Conference on March 28, 2022 and the Jefferies Pan-European Mid-Cap Conference on March 29, 2022. Management will be available for one-on-one and small group meetings. Mytheresa is a leading luxury fashion e-commerce platform with over 200 high-end brands, achieving €612.1 million in net sales (+36.2% vs. FY20).

MYT Netherlands Parent B.V. (NYSE: MYTE) reported strong Q2 FY22 results with Gross Merchandise Value (GMV) growth of 26.2% to €200.2 million compared to the previous year. Net sales rose 18.3% to €187.6 million, while adjusted EBITDA increased 27.8% to €28.3 million. The company also highlighted a 390 basis points increase in gross profit margin, reaching 53.4%. With strong growth in the US market and a rise in active customers by 30.2%, Mytheresa is confident in its future outlook, raising guidance for GMV to between €755 million and €775 million.

MYT Netherlands Parent B.V (NYSE:MYTE), parent company of Mytheresa, announced its second quarter fiscal year 2022 earnings release date, set for February 16, 2022, before the U.S. market opens. A conference call will follow at 8:00 AM Eastern Time on the same day to discuss the results. Mytheresa, a leading luxury fashion e-commerce platform, reported €612.1 million in net sales, a 36.2% increase compared to FY20, marking a strong performance in its first year as a public company.

MYT Netherlands Parent B.V. (NYSE: MYTE) reported strong financial results for Q1 FY22, ending September 30, 2021. Gross Merchandise Value (GMV) rose by 29.7% year-over-year, reaching €163.9 million, and net sales increased by 24.9% to €157.8 million. The company achieved a gross profit margin of 49.0% and adjusted EBITDA of €14.0 million, a growth of 34.4% compared to the previous year. Mytheresa expects continued growth with a projected net sales range of €700 million to €720 million for the full fiscal year.