MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, the rest of Europe, and internationally. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores. It serves high-income luxury consumers. The company was founded in 1987 and is based in Munich, Germany.
IPO Year: 2021
Exchange: NYSE
Website: https://www.mytheresa.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/14/2023 | $19.00 → $4.00 | Buy → Hold | Jefferies |
| 4/20/2023 | $7.00 | Buy → Hold | Societe Generale |
| 4/19/2023 | $7.00 | Overweight → Neutral | JP Morgan |
| 3/16/2023 | $13.00 → $7.00 | Outperform → Market Perform | TD Cowen |
| 4/12/2022 | $14.00 | Overweight → Equal-Weight | Morgan Stanley |
| 3/24/2022 | $30.00 → $19.00 | Neutral → Buy | UBS |
| 2/17/2022 | $35.00 → $27.00 | Outperform | Credit Suisse |
| 1/18/2022 | $25.00 | Hold → Buy | Societe Generale |
6-K/A - MYT Netherlands Parent B.V. (0001831907) (Filer)
6-K - MYT Netherlands Parent B.V. (0001831907) (Filer)
6-K/A - MYT Netherlands Parent B.V. (0001831907) (Filer)
20-F/A - MYT Netherlands Parent B.V. (0001831907) (Filer)
6-K - MYT Netherlands Parent B.V. (0001831907) (Filer)
6-K/A - MYT Netherlands Parent B.V. (0001831907) (Filer)
6-K - MYT Netherlands Parent B.V. (0001831907) (Filer)
6-K - MYT Netherlands Parent B.V. (0001831907) (Filer)
6-K - MYT Netherlands Parent B.V. (0001831907) (Filer)
20-F - MYT Netherlands Parent B.V. (0001831907) (Filer)
Strong Net Sales Growth in Q1 FY25 of 8% compared to Q1 FY24 Significant increase of Average Order Value (AOV) by 9% to a new record of €720 LTM in Q1 FY25 Double-digit US Market Growth with +14% in Q1 FY25 vs. Q1 FY24 and Net Sales share of the US further expanding to 20% Exceptional Customer Economics with strong increase in average GMV per top customers by +16.7% in Q1 FY25 Gross Margin Improvement of 150bps to 43.9% in Q1 FY25 as compared to Q1 FY24 Improved Profitability by 200bps at adjusted EBITDA margin level of 1.4% in Q1 FY25 as compared to -0.6% in the prior year period Transformational opportunity with the announced acquisition of YOOX NET-A-PORTER ("YNAP") to
MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa") today announced the date for the release of its first quarter fiscal year 2025 ended September 30, 2024 financial results. First Quarter Fiscal Year 2025 Earnings Call and Webcast Mytheresa will release first quarter fiscal year 2025 financial results before the U.S. market open on November 19, 2024. A conference call to discuss its results will follow at 8:00am Eastern Time that same day. Those wishing to participate via webcast should access the call through Mytheresa's Investor Relations website at https://investors.mytheresa.com. Those wishing to participate via the telephone may dial in at +1 (800) 715-9871 (USA). The participant
AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR 7 OCTOBER 2024 Richemont will sell YNAP to Mytheresa with a cash position of €555m and no financial debt, subject to customary closing adjustments Mytheresa to issue shares to Richemont representing 33% of Mytheresa's fully diluted share capital Richemont to provide a €100m revolving credit facility to YNAP Closing of transaction expected in H1 2025, subject to customary conditions, including regulatory approvals Transaction creates multi-brand digital group of significant scale, global reach as well as exceptional customer centricity Today, Mytheresa (NYSE:MYTE) and Richemont (SWX:CFR) announce that they have entered into binding agree
Double-digit Net Sales Growth in H2 of FY24 with +14% and +10% for Q4 FY24 compared to prior year periods Continued US Market Growth with +25% in full FY24 and Net Sales share of the US further expanding to 20% Exceptional Customer Economics through strong increase in average GMV per Top Customers by +4.6% as well as continued growth of Top Customer base with +3.4% in Q4 FY24 Significantly Increased Profitability levels in H2 of FY24 with adjusted EBITDA margin of 4.3% vs. 1.7% in H1 of FY24 and vs. 2.3% in H2 of FY23 Strong Customer Satisfaction with industry-leading Net Promoter Score of 83.0% in Q4 of FY24 Strong Increase of Average Order Value (AOV) to a new record of €703 in
MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa") today announced the date for the release of its fourth quarter and full fiscal year 2024 ended June 30, 2024 financial results. Fourth Quarter and Full Fiscal Year 2024 Earnings Call and Webcast Mytheresa will release fourth quarter and full fiscal year 2024 financial results before the U.S. market open on September 12, 2024. A conference call to discuss its results will follow at 8:00am Eastern Time that same day. Those wishing to participate via webcast should access the call through Mytheresa's Investor Relations website at https://investors.mytheresa.com. Those wishing to participate via the telephone may dial in at +1 (800) 71
Excellent top-line growth with Net Sales growing +17.6% and GMV +14.7% in Q3 FY24 Mytheresa US business outperformance with record GMV growth of +41.6% and +48.3% growth of US Top Customers in Q3 FY24 Continued strong global Top Customers growth with number of Top Customers growing by +17.0% in Q3 FY24 Significant growth of Average Order Value LTM increasing by +8.0% to a record high of €692 in Q3 FY24 Significantly improved profitability on adjusted EBITDA level during the quarter as compared to the prior year period MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa" or the "Company"), today announced financial results for its third quarter fiscal year 2024 ended March 31
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 adjusted EBITDA level as well as adjusted Operating Income level in the third quarter of fiscal year 2024 as compared to the prior year period. The strong financial results in a clearly consolidating market environment underline th
Solid Growth with Net Sales growing +8.3% on a constant currency basis (+3.6% on an IFRS basis) despite challenging macro environment in Q2 FY24 US Market Outperformance with excellent Net Sales growth of +17.4% and +47.6% growth of US Top Customers in Q2 FY24 Continued global Top Customers Growth with number of Top Customers growing by +15.6% in Q2 FY24 New record high of Average Order Value LTM increasing by +5.4% to €672 in Q2 FY24 Leading profitability during the quarter with an adjusted EBITDA margin of 4.0% MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa" or the "Company"), the parent company of Mytheresa Group GmbH, today announced financial results for its second
MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa"), the parent company of Mytheresa Group GmbH, today announced the date for the release of its second quarter fiscal year 2024 ended December 31, 2023 financial results. Second Quarter Fiscal Year 2024 Earnings Call and Webcast Mytheresa will release second quarter fiscal year 2024 financial results before the U.S. market open on February 15, 2024. A conference call to discuss its results will follow at 8:00am Eastern Time that same day. Those wishing to participate via webcast should access the call through Mytheresa's Investor Relations website at https://investors.mytheresa.com. Those wishing to participate via the telephone may d
Solid Growth with Net Sales growing +12.0% on a constant currency basis (+6.8% on an IFRS basis) and GMV growth +8.0% on a constant currency basis (+3.1% on an IFRS basis) despite challenging macro environment US Market Outperformance with excellent Net Sales growth of +28.9% and +56.1% growth of US Top Customer numbers Continued global Top Customers Growth with number of top customers growing by +19.0% in Q1 FY24 New record high of Average Order Value LTM increasing by +5.4% to €660 in Q1 FY24 Exclusive collaborations with Loro Piana, Loewe, The Row and Brunello Cucinelli MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa" or the "Company"), the parent company of Mytheresa
Strong Net Sales Growth in Q1 FY25 of 8% compared to Q1 FY24 Significant increase of Average Order Value (AOV) by 9% to a new record of €720 LTM in Q1 FY25 Double-digit US Market Growth with +14% in Q1 FY25 vs. Q1 FY24 and Net Sales share of the US further expanding to 20% Exceptional Customer Economics with strong increase in average GMV per top customers by +16.7% in Q1 FY25 Gross Margin Improvement of 150bps to 43.9% in Q1 FY25 as compared to Q1 FY24 Improved Profitability by 200bps at adjusted EBITDA margin level of 1.4% in Q1 FY25 as compared to -0.6% in the prior year period Transformational opportunity with the announced acquisition of YOOX NET-A-PORTER ("YNAP") to
MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa") today announced the date for the release of its first quarter fiscal year 2025 ended September 30, 2024 financial results. First Quarter Fiscal Year 2025 Earnings Call and Webcast Mytheresa will release first quarter fiscal year 2025 financial results before the U.S. market open on November 19, 2024. A conference call to discuss its results will follow at 8:00am Eastern Time that same day. Those wishing to participate via webcast should access the call through Mytheresa's Investor Relations website at https://investors.mytheresa.com. Those wishing to participate via the telephone may dial in at +1 (800) 715-9871 (USA). The participant
AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR 7 OCTOBER 2024 Richemont will sell YNAP to Mytheresa with a cash position of €555m and no financial debt, subject to customary closing adjustments Mytheresa to issue shares to Richemont representing 33% of Mytheresa's fully diluted share capital Richemont to provide a €100m revolving credit facility to YNAP Closing of transaction expected in H1 2025, subject to customary conditions, including regulatory approvals Transaction creates multi-brand digital group of significant scale, global reach as well as exceptional customer centricity Today, Mytheresa (NYSE:MYTE) and Richemont (SWX:CFR) announce that they have entered into binding agree
Double-digit Net Sales Growth in H2 of FY24 with +14% and +10% for Q4 FY24 compared to prior year periods Continued US Market Growth with +25% in full FY24 and Net Sales share of the US further expanding to 20% Exceptional Customer Economics through strong increase in average GMV per Top Customers by +4.6% as well as continued growth of Top Customer base with +3.4% in Q4 FY24 Significantly Increased Profitability levels in H2 of FY24 with adjusted EBITDA margin of 4.3% vs. 1.7% in H1 of FY24 and vs. 2.3% in H2 of FY23 Strong Customer Satisfaction with industry-leading Net Promoter Score of 83.0% in Q4 of FY24 Strong Increase of Average Order Value (AOV) to a new record of €703 in
MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa") today announced the date for the release of its fourth quarter and full fiscal year 2024 ended June 30, 2024 financial results. Fourth Quarter and Full Fiscal Year 2024 Earnings Call and Webcast Mytheresa will release fourth quarter and full fiscal year 2024 financial results before the U.S. market open on September 12, 2024. A conference call to discuss its results will follow at 8:00am Eastern Time that same day. Those wishing to participate via webcast should access the call through Mytheresa's Investor Relations website at https://investors.mytheresa.com. Those wishing to participate via the telephone may dial in at +1 (800) 71
MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa"), the parent company of Mytheresa Group GmbH, today announced that Michael Kliger, CEO, and Martin Beer, CFO, will be attending the following investor conferences: Morgan Stanley 2nd Annual Luxury Conference in Paris TD Cowen 8th Future of the Consumer Conference in New York City Michael Kliger will be present at the Morgan Stanley Annual Luxury Conference in-person in Paris on Wednesday, May 22, 2024 with a presentation at 15:00h CET on that day. Martin Beer will be present at the Cowen Future of the Consumer Conference in-person in New York on Tuesday, June 4 and Wednesday, June 5, 2024 with a Fireside Chat at 11:30am ET on J
Excellent top-line growth with Net Sales growing +17.6% and GMV +14.7% in Q3 FY24 Mytheresa US business outperformance with record GMV growth of +41.6% and +48.3% growth of US Top Customers in Q3 FY24 Continued strong global Top Customers growth with number of Top Customers growing by +17.0% in Q3 FY24 Significant growth of Average Order Value LTM increasing by +8.0% to a record high of €692 in Q3 FY24 Significantly improved profitability on adjusted EBITDA level during the quarter as compared to the prior year period MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa" or the "Company"), today announced financial results for its third quarter fiscal year 2024 ended March 31
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 adjusted EBITDA level as well as adjusted Operating Income level in the third quarter of fiscal year 2024 as compared to the prior year period. The strong financial results in a clearly consolidating market environment underline th
Solid Growth with Net Sales growing +8.3% on a constant currency basis (+3.6% on an IFRS basis) despite challenging macro environment in Q2 FY24 US Market Outperformance with excellent Net Sales growth of +17.4% and +47.6% growth of US Top Customers in Q2 FY24 Continued global Top Customers Growth with number of Top Customers growing by +15.6% in Q2 FY24 New record high of Average Order Value LTM increasing by +5.4% to €672 in Q2 FY24 Leading profitability during the quarter with an adjusted EBITDA margin of 4.0% MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa" or the "Company"), the parent company of Mytheresa Group GmbH, today announced financial results for its second
MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa"), the parent company of Mytheresa Group GmbH, today announced the date for the release of its second quarter fiscal year 2024 ended December 31, 2023 financial results. Second Quarter Fiscal Year 2024 Earnings Call and Webcast Mytheresa will release second quarter fiscal year 2024 financial results before the U.S. market open on February 15, 2024. A conference call to discuss its results will follow at 8:00am Eastern Time that same day. Those wishing to participate via webcast should access the call through Mytheresa's Investor Relations website at https://investors.mytheresa.com. Those wishing to participate via the telephone may d
Jefferies downgraded Mytheresa from Buy to Hold and set a new price target of $4.00 from $19.00 previously
Societe Generale downgraded Mytheresa from Buy to Hold and set a new price target of $7.00
JP Morgan downgraded Mytheresa from Overweight to Neutral and set a new price target of $7.00
TD Cowen downgraded Mytheresa from Outperform to Market Perform and set a new price target of $7.00 from $13.00 previously
Morgan Stanley downgraded Mytheresa from Overweight to Equal-Weight and set a new price target of $14.00
UBS upgraded Mytheresa from Neutral to Buy and set a new price target of $19.00 from $30.00 previously
Credit Suisse reiterated coverage of MYT Netherlands Parent with a rating of Outperform and set a new price target of $27.00 from $35.00 previously
Societe Generale upgraded Mytheresa from Hold to Buy and set a new price target of $25.00
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TD Cowen analyst Oliver Chen maintains MYT Netherlands Parent (NYSE:MYTE) with a Hold and raises the price target from $4 to $5.
MYT Netherlands Parent (NYSE:MYTE) reported quarterly Adj earnings of $0.05 per share which beat the analyst consensus estimate of $0.04 by 25 percent. This is a 150 percent increase over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $254.02 million which beat the analyst consensus estimate of $246.28 million by 3.14 percent. This is a 19.01 percent increase over sales of $213.45 million the same period last year.
For the full fiscal year ending June 30, 2024, it expects total Gross Profit to be on last year's level and confirm guidance for the top- and bottom-line at the lower end of the ranges of GMV and Net Sales growth of 8% to 13%, Adjusted EBITDA margin of 3% and 5%.
MYT Netherlands Parent (NYSE:MYTE) reported quarterly sales of €233.900 million which beat the analyst consensus estimate of €230.900 million by 1.30 percent.
https://wwd.com/business-news/financial/mytheresa-net-a-porter-go-private-buyout-1236376129/Mytheresa is working with investment bankers on two fronts, sources told WWD — pitching investors on a buyout that would take the company private, and looking at acquiring Net-a-porter.A buyout would let the Munich-based Mytheresa rev up its operations away from the glare of Wall Street. And acquiring Net-a-porter, a possibility first reported by The Financial Times, would bolster the company's operations significantly as it currently ships out of Germany, while Net-a-porter has a complementary distribution system in the U.S. and Asia. Mytheresa, which is said to be working with bankers at Morgan St
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 adjusted EBITDA level as well as adjusted Operating Income level in the third quarter of fiscal year 2024 as compared to the prior year period. The strong financial results in a clearly consolidating market environment underline the st
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