SIGNA Sports United N.V. Stock Price, News & Analysis

SIGNA Sports United (SSU), a specialist online sports retail company, announced participation in multiple investor conferences in September and October 2022. Key events include the Citi Global Technology Conference on September 8 and the Raymond James Consumer Conference on September 15, both in New York. CEO Stephan Zoll and CFO Alexander Johnstone will lead meetings. Following these, SSU will engage in virtual meetings during the NYSE Consumer Investor Access Day on September 20 and the UBS Future of Electric Mobility on October 3.

In Q3 FY22, SIGNA Sports United (SSU) reported a 29% year-over-year (YoY) increase in net revenue, reaching €324 million. This growth was bolstered by the acquisitions of WiggleCRC and Tennis Express, which contributed to a 42% growth in active customers to 7 million. However, the company faced challenges with a net loss of €52 million and declining gross margins due to inflationary pressures. The adjusted EBITDA was (€13 million). SSU secured a €150 million financing commitment to fund future growth and anticipates double-digit organic growth returning once supply constraints ease.

SIGNA Sports United (NYSE:SSU) will release its third quarter fiscal 2022 financial results on August 16, 2022, before market open. A conference call will follow at 8:30 a.m. Eastern Time on the same day, allowing management to discuss these results. The call will be accessible via U.S. and international dialing options, and will also be simulcast on the company's website. As a specialist online sports retail company, SSU operates over 100 online stores and collaborates with thousands of independent shops and brands, reaching more than 7 million customers.

SIGNA Sports United reported Q2 FY22 net revenue of €269 million, a 48% YoY increase, benefiting from the full contribution of acquired businesses WiggleCRC and Tennis Express. Active customers grew to 7.4 million, up 62% YoY. Despite strong revenue growth, the company faced challenges, with an Adj. EBITDA loss of (€17 million) due to supply chain issues and inflationary pressures. Year-to-date net losses reached (€202 million). Management maintains FY22 revenue guidance of €1.25 billion to €1.4 billion, citing ongoing supply disruptions.

SIGNA Sports United (SSU), a specialist in online sports retail, announced participation in key investor conferences throughout June 2022. Notable events include the Barclays European Internet & Emerging Tech Conference on 10 June 2022 and the Credit Suisse 2022 Mobility Forum on 21 June 2022, where executives will conduct virtual meetings. SSU aims to enhance investor relations and showcase its wide-ranging brands, serving over 7 million customers globally and collaborating with more than 1000 sports brands.

SIGNA Sports United (SSU), a leading online sports retail company, will release its second quarter fiscal 2022 financial results before market open on June 2, 2022. Management will hold a conference call at 8:30 a.m. ET to discuss the results. SSU operates over 100 online stores and partners with 500+ physical retailers, serving over 7 million customers globally. The company focuses on various sports categories, including cycling, tennis, and outdoor activities. For more details, visit their website.

SSU reported Q1 FY22 net revenue of €213 million, marking an 11% growth YoY, and a notable 60% increase over Q1 FY20. The company faced supply constraints, particularly in the full-bike category, yet active customers surged to 7.4 million, up 76% YoY. Gross profit rose 10% to €79 million. However, net loss increased to €165 million due to one-off charges from the public listing. Adjusted EBITDA fell to (€12) million. Management maintains FY22 guidance of €1.4 to €1.55 billion in net revenue, expecting growth to normalize as supply chain issues ease.

SIGNA Sports United (SSU), a top sports e-commerce platform, will release its first quarter 2022 financial results on March 2, 2022, before the market opens. A conference call is scheduled for 8:30 a.m. Eastern Time that same day to discuss the results. Interested stakeholders can access the call via phone or through a live simulcast available on the company's website. SSU serves over 7 million active customers and works with over 1000 brand partners across various sports categories, enhancing their digital presence and engagement.

BERLIN--(BUSINESS WIRE)--SIGNA Sports United (SSU), a leading sports e-commerce and technology platform, announced participation in investor conferences in March 2022. Key events include the Susquehanna 11th Annual Technology Conference on March 3-4 (virtual) and the Deutsche Bank 30th Annual Media, Internet & Telecom Conference on March 14 in Palm Beach, FL. CEO Stephan Zoll and CFO Alexander Johnstone will engage in one-on-one meetings and a fireside chat at the latter event. SSU boasts over 7 million active customers and nearly 500 million annual webshop visitors.