Mytheresa sees Q3 revenue EUR 196M-199M

Sees Q3 gross merchandise value EUR 218M-221M and gross profit in the range of EUR 89M-92M. The company said, "Mytheresa’s previous outlook, from February 2023, pointed to the lower end of the given range for top and bottom line. As the fiscal year unfolds, significant uncertainty persists regarding the multi-faceted challenges in the macro environment and their impact on the company, including recent concerns over the financial sector, persistent inflationary pressures and increased promotional intensity by other players putting pressure on gross margins."