News & Events zu LuxExperience BV (LUXE)LUXELuxExperience BV

Stocks Inch Higher as Markets Assess Rate Hike Impact

Stocks inched higher on Wednesday morning, pausing the week's pullback as markets assessed how the economy may fare against higher interest rates. The Federal Reserve is expected to raise interest rates by 25 basis points later today, although the summary of economic projections - or "dot plot" - is likely to show a fragmented FOMC as uncertain outlooks spark disagreements on policy and forward guidance. Hawkish concerns were further stoked with the release of strong retail sales and soaring import inflation figures this morning.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:OpenAI has held early conversations with investors aboutround at a $1.2T valuation before its planned IPO, Financial Times saysSK Hynixis in talks with Intelabout a deal toin the U.S. for the first time, Reuters reportsAppleis developing anusing its own chips and potentially Nvidianetworking equipment, The Information saysStarbucksisof a majority stake in its Japan business, Reuters reportsTrucker J.B. Hunton Q3 earnings being hurt by higher costs2. WALL STREET CALLS:Alvotechto Overweight from Underweight at BarclaysStellantisto Hold from Buy at BerenbergSimilarwebto Buy from Hold at NeedhamExpediawith Underweight from Equal Weight at Morgan StanleyCiti opened an "upside" on Metaahead of the company's Connect conference on September 233. AROUND THE WEB:Nvidia, MetaCEOs argue against AI slowdown, FT reportsMucinex and Lysol maker Reckitt Benckiserplans to invest about $400M more over the next four years in the U.S. to speed up product innovation and demand response, WSJ reportsChicago District Judge John Tharp dissolved a previous order that required multiple listings service provider Midwest Real Estate Data to temporarily maintain Zillow'saccess to listings, Bloomberg saysMetaplans to release a camera-free pair of smart glasses this fall, The Information reportsGoogleis giving all its engineers access to Anthropic's Claude Opus 5 via Antigravity, and says "Gemini remains our primary and foundational model for internal development," Business Insider says4. MOVERS:Beta Bionicsincreases after announcing aTormgains in New York after announcing Hafniahas4.5M of its sharesBloom Energyhigher after"The New Rules of AI Power" reportBraskemfalls after UBSthe stock to SellBorr Drillinglower afteron the Odin5. EARNINGS/GUIDANCE:LuxExperiencewith EPS lower year-over-yearHuntington Bancsharesfor FY27Mercury Systemsfor FY27Trip.com, with CEO Jane Sun commenting the company delivered a "resilient performance" in Q2Ispire Technology, with EPS and revenue higher year-over-yearINDEXES:Near midday, the Dow was up 37.94, or 0.07%, to 52,131.05, the Nasdaq was up 210.74, or 0.81%, to 26,192.31, and the S&P 500 was up 33.90, or 0.45%, to 7,619.63.

U.S. Stock Futures Rise as Investors Await Fed Policy Decision

Stock futures are ticking higher as investors await the Federal Reserve's policy decision. The modest rebound follows two sessions of declines and comes as oil prices ease and Treasury yields pull back from recent highs. The 10-year Treasury yield is around 4.97% after briefly topping 5% on Tuesday, its highest level since 2007, while Brent crude is down about 1.5% near $105 a barrel and WTI is below $100.Markets are pricing about a 93% probability of a 25-basis-point rate hike, which would lift the federal-funds target range to 3.75%-4%. The Fed is confronting a difficult combination of stronger-than-expected August payroll growth, hotter producer prices, sticky consumer inflation and oil prices above $100, while higher Treasury yields are already tightening financial conditions. Fed Chair Kevin Warsh's 2:30 p.m. ET press conference and the Fed's updated economic projections could therefore generate substantially more market volatility than the rate decision itself.The retreat in oil prices is providing some relief ahead of the decision. Crude has risen sharply in recent weeks as the U.S.-Iran conflict disrupts Middle Eastern energy infrastructure, but reports of increased Saudi crude supplies and an unexpected increase in U.S. inventories are helping prices pull back.In pre-market trading, S&P 500 futures rose 0.24%, Nasdaq futures rose 0.41% and Dow futures rose 0.17%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Alvotechup 5% after Barclays double upgraded the stock to Overweight from Underweight with a price target of $8, up from $4Inteland SKy Hynixboth up 3% after ReutersSK Hynix is in discussions with Intel to potentially manufacture memory chips in the U.S.Union Pacificup 1% after UBS upgraded shares to Buy with a price target of $339, up from $310UP AFTER EARNINGS -LuxExperienceup 14%LOWER -J.B. Huntdown 11% after noting that drayage costs and fuel surcharge delays would impact Q3 and that the company expects earnings to decline 5%-10% sequentiallyHuntington Bancsharesdown 2% after cutting its FY27 guidance at the Barclays Annual Global Financial Services ConferenceExpediadown 2% after Morgan Stanley downgraded the stock to Underweight from Equal Weight with a $235 price target as part of a transfer in coverage

LuxExperience Expects 10%-15% Net Sales Growth for FY 2027

For the full fiscal year ending June 30, 2027, LuxExperience expects strong top-line growth acceleration and significant profitability improvement with Net Sales to grow by +MSD% to +HSD%. On a segment basis, we expect for the Luxury Mytheresa segment continued top-line momentum with high single-digit to low double-digit net sales growth and profitability slightly above full FY26 levels. The Luxury NAP & MRP is expected to grow its net sales at a mid-single-digit percentage rate, accompanied by a 100 to 200 basis point expansion in Adjusted EBITDA margin compared to full FY26. The Off-price YOOX segment is anticipated to grow its net sales at a mid-single-digit percentage rate, with an Adjusted EBITDA margin expected to remain in the negative mid-single-digit range. LuxExperience reconfirms its medium-term annual growth rates of 10%-15% and targets of EUR 4B Net Sales with an underlying Adjusted EBITDA margin of 7%-9%, expecting an annual 150 to 250bps increase in Adjusted EBITDA margin after FY27.