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Myt Netherlands Adr (MYTE)
:MYTE
Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
<0.01Last Year’s EPS
0.05Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: -17.98%
|Next Earnings Date:May 14, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong financial performance with significant growth in revenue and profitability, driven by successful customer engagement and strategic brand partnerships. However, challenges in Greater China and increased marketing costs were noted. The expected acquisition of YNAP is seen as a positive strategic move to strengthen market position.Company Guidance
During the Mytheresa Second Quarter of Fiscal Year 2025 Earnings Conference Call, the company reported robust financial metrics, reflecting strong business momentum and growth. Compared to the same quarter last fiscal year, Mytheresa achieved 11.9% growth in Gross Merchandise Value (GMV) and a 13.4% increase in net sales, with the United States market showing significant growth at 17.6%. The average order value over the last 12 months rose by 9.5% to €736. The company also reported an improved gross profit margin of 50.9%, up by 110 basis points, and an adjusted EBITDA margin of 7.3%, marking an increase of 350 basis points. Despite the macroeconomic challenges in China, Mytheresa maintained stable inventory levels and saw a 9.1% growth in GMV from top customers, driven by a 13.6% increase in average spend per top customer. Looking forward, the company remains optimistic about closing the acquisition of YNAP in the first half of calendar year 2025, which is expected to enhance its market position and synergies.Strong Revenue Growth
Mytheresa reported a strong net sales growth of 13.4% in Q2 of fiscal year 2025 compared to Q2 of fiscal year 2024, with the U.S. market showing a significant 17.6% increase in net sales.
Improved Profit Margins
The gross profit margin improved by 110 basis points to 50.9% in Q2 fiscal 2025, and the adjusted EBITDA margin increased by 350 basis points to 7.3%.
Successful Customer Engagement
Top customer GMV grew by 9.1%, with a notable increase in average spend per top customer by 13.6%. The average order value increased by 9.5% to €736.
Exclusive Brand Partnerships
Collaborations with luxury brands like Moncler, Victoria Beckham, and Bvlgari were highlighted, reinforcing Mytheresa's focus on high-end luxury.
Expected Acquisition of YNAP
The acquisition of YOOX NET-A-PORTER is expected to create significant synergies and form a leading global digital luxury group.
MYTE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MYTE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $8.90 | $10.12 | +13.71% |
Feb 11, 2025 | $10.00 | $12.38 | +23.80% |
Nov 19, 2024 | $6.10 | $6.32 | +3.61% |
Sep 12, 2024 | $3.86 | $3.90 | +1.04% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Myt Netherlands Adr (MYTE) report earnings?
Myt Netherlands Adr (MYTE) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is Myt Netherlands Adr (MYTE) earnings time?
Myt Netherlands Adr (MYTE) earnings time is at May 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MYTE EPS forecast?
MYTE EPS forecast for the fiscal quarter 2025 (Q3) is <0.01.