SIGNA Sports United Q1 FY23 Trading Update
Q1 FY23 net revenue of €246 million, YoY growth of +27%1
Overstocked market impacting Q1 FY23 gross margin, as expected
Continued focus on strategic realignment assessment and cost reduction measures
Active customers of 6.3 million, representing an increase of +26% YoY
Net revenue up +27% to €246 million in Q1 FY23
Gross profit at €73 million in Q1 FY23
SIGNA Sports United N.V. ("SSU" or the "Company"), a NYSE-listed specialist sports e-commerce company with businesses in bike, tennis, outdoor, and team sports, today issued a trading update for the first quarter of fiscal year 2023 ended December 31, 2022. Q1 FY23 includes full contribution of businesses acquired in FY22, WiggleCR
