LuxExperience sees FY26 GMV at EUR 2.5B-2.9B

The company states: “For the topline, the Luxury Mytheresa segment is expected to continue growing its GMV. The Luxury NAP & MRP segment is expected to still slightly decline in GMV. The Off-price YOOX & THE OUTNET segment will continue the restructuring of its operating and business model in FY26. We therefore expect GMV at Off-price YOOX & THE OUTNET to continue to decrease considerably. In sum, LuxExperience (LUXE) at the Group level is expected to have a GMV at around EUR 2.5-2.9 billion in FY26. Given the uncertainties in the market and FY26 being a transition year, we expect in FY26 comparable profitability levels to FY25. In sum, LuxExperience at Group level is expected to report an Adjusted EBITDA margin between (4%) and +1%. For FY26, LuxExperience therefore expects: GMV EUR 2.5 billion to EUR 2.9 billion and an Adjusted EBITDA margin between (4%) to +1% LuxExperience reconfirms its medium-term annual growth rates of 10-15% and targets of EUR 4 billion Net Sales with an underlying Adjusted EBITDA margin of 7% to 9%.”