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MUNICH--(BUSINESS WIRE)--MYT Netherlands Parent B.V. (NYSE: MYTE) (“Mytheresa” or the “Company”), today announced preliminary unaudited financial results for the third quarter ended March 31, 2024, and confirmed the guidance for the full fiscal year 2024 ending June 30 at the lower end of the given ranges. The Company also announced the date for the release of its third quarter fiscal year 2024 financial results. Mytheresa posted double-digit topline growth and improved profitability on adjuste.
MYT Netherlands Parent B.V. aka Mytheresa has reported increased revenue but missed earnings estimates in its FQ4 2023 financial results. The company operates the luxury fashion e-commerce website Mytheresa and has seen strength in the US market. However, recent consumer confidence measures have dropped, and inventory levels have been excessive; my outlook in the near term is to Sell.
MYT posted solid sales and GMV growth in its fiscal fourth quarter. Its e-commerce platform also continued to attract new users and boost spending among top customers.
MYT Netherlands Parent B.V. (NYSE:MYTE ) Q4 2023 Earnings Conference Call September 14, 2023 8:00 AM ET Company Participants Martin Beer - CFO Michael Kliger - CEO Conference Call Participants Matthew Boss - JPMorgan Oliver Chen - TD Cowen Kunal Madhukar - UBS Blake Anderson - Jefferies Abhinav Sinha - Societe Generale Yawen Gao - CICC Operator Greetings, and welcome to the Mytheresa Fourth Quarter and Full Fiscal 2023 Earnings Conference Call.
MYT Netherlands Parent BV (NYSE:MYTE ) Q3 2023 Earnings Conference Call May 10, 2023 8:00 AM ET Company Participants Martin Beer - CFO Michael Kliger - CEO Conference Call Participants Matthew Boss - JPMorgan Chase & Co. Oliver Chen - TD Cowen Kunal Madhukar - UBS Lauren Schenk - Morgan Stanley Abhinav Sinha - Societe Generale Operator Greetings, and welcome to the Mytheresa Third Quarter Fiscal 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.
MYT Netherlands Parent B.V. (NYSE:MYTE ) Q2 2023 Earnings Conference Call February 23, 2023 8:00 AM ET Company Participants Martin Beer - CFO Michael Kliger - CEO Conference Call Participants Matthew Boss - JPMorgan Dan Silverstein - Credit Suisse Kunal Madhukar - UBS Oliver Chen - Cowen and Company Abhinav Sinha - Societe Generale Liwei Hou - CIBC Operator Greetings, and welcome to the Mytheresa Second Quarter of Fiscal 2023 Earnings Conference Call.
MYT Netherlands Parent offers an e-commerce platform for haute couture and design garments. In Q1 2023, the number of customers increased by double-digit, with the average spend per customer increasing too.
Online luxury is a growing market and MYT Netherlands Parent B.V. is well-positioned to benefit from it. MYTE uses a data-driven platform, Mytheresa, to offer what consumers want.
MYT Netherlands Parent B.V. (NYSE:MYTE ) Q1 2023 Results Conference Call November 8, 2022 8:00 AM ET Company Participants Martin Beer - CFO Michael Kliger - CEO Conference Call Participants Oliver Chen - Cowen Matthew Boss - JPMorgan Michael Binetti - Credit Suisse Kunal Madhukar - UBS Flavio Cereda-Parini - Jefferies Lauren Schenk - Morgan Stanley Abhinav Sinha - Societe General Operator Ladies and gentlemen, greetings, and welcome to the Mytheresa First Quarter of Fiscal 2023 Earnings Conference Call [Operator Instructions].