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LUXE News
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Mytheresa Reports Q3 Revenue of EUR 618.4 Million
Reports Q3 revenue EUR618.4, consensus EUR622.93M. CEO Michael Kliger said, "We are very pleased with the results of the third quarter. LuxExperience achieved positive Adjusted EBITDA profitability as a Group for the second consecutive quarter and significant improvements on many KPIs across all three business segments underline the successful execution of our transformation plan. Mytheresa achieved strong profitable growth despite geopolitical headwinds in March. NET-A-PORTER and MR PORTER as well as YOOX showed further sequential improvements, fully in line with our ongoing transformation plan for both segments. We are fully on track to achieve our guided results for the full fiscal year 2026. LuxExperience is the clear digital multi-brand leader for luxury enthusiasts globally, and we are perfectly positioned to benefit from the sustained growth of digital luxury and the ongoing consolidation within the sector."
Still Sees 2026 GMV at EUR 2.5B-EUR 2.7B
Still sees 2026 GMV EUR2.5B-EUR2.7B.
LuxExperience Narrows FY26 Adjusted EBITDA Margin View to (1%)-1%
LuxExperience narrows FY26 adjusted EBITDA margin view to (1%)-1% from (2%)-1%
Mytheresa Reports Q2 Revenue of €645.1M
Reports Q2 revenue EUR645.1M vs. EUR638.0M last year. CEO Michael Kliger said, "We are extremely pleased with the results of the second quarter. The initiated turnaround at ex-YNAP already shows good results with growth and a return to adjusted EBITDA profitability at Group level. Our proven ability to deliver profitable growth at Mytheresa is now being applied to the newly acquired businesses by an extremely dedicated and experienced new management. As a Group we truly possess the secret sauce in digital luxury. Over the past decade, Mytheresa has consistently built and grown trusted relationships with its brand partners and customers. These relationships are the foundation of our success. Sustainable and profitable growth in luxury comes from providing brands and customers with the very best in service and experience. We know how to engage with true luxury customers through desirability, emotion, exclusivity, and community. As a Group we will seize the tremendous opportunities that present themselves to us going forward."
LuxExperience revises FY26 GVM forecast down to EUR 2.4B-EUR 2.7B, previously EUR 2.5B-EUR 2.9B
Sees FY26 Adjusted EBITDA margin between (2%)-1%.
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