Mytheresa downgraded by Jefferies with a new price target
$MYTE
Catalog/Specialty Distribution
Consumer Discretionary
Jefferies downgraded Mytheresa from Buy to Hold and set a new price target of $4.00 from $19.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/3/2025 | $13.00 → $14.00 | Hold → Buy | TD Cowen |
| 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 |
Mytheresa (NYSE:MYTE) successfully closed its acquisition of YNAP from Richemont (SWX:CFR), through its subsidiary Richemont Italia Holding S.P.A., following the fulfillment of all conditions including receipt of all unconditional approvals from the relevant regulatory authorities. Mytheresa is now YNAP's sole shareholder which it will fully consolidate under the MYT Netherlands Parent B.V. umbrella. The company will be renamed "LuxExperience B.V." and will continue to be listed on the New York Stock Exchange (NYSE) with the trade name "LuxExperience" and a new ticker symbol of "LUXE", effective 1 May 2025. In exchange for all shares of YNAP and a net cash position of €555m and no financi
MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa") today announced the date for the release of its third quarter fiscal year 2025 ended March 31, 2025 financial results. Third Quarter Fiscal Year 2025 Earnings Call and Webcast Mytheresa will release third quarter fiscal year 2025 financial results before the U.S. market open on May 14, 2025. 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 access c
MYT Netherlands Parent B.V. today announced that it is changing its name to LuxExperience B.V. and will begin trading under a new ticker symbol, "LUXE", on the New York Stock Exchange on May 1, 2025. Under the umbrella of "LuxExperience B.V.", the brands Mytheresa, NET-A-PORTER, MR PORTER, YOOX and THE OUTNET will offer highly curated and strongly differentiated selections of the most prestigious brands for luxury customers with unprecedented reach and relevance. ABOUT MYTHERESA Mytheresa is one of the leading luxury multi-brand digital platforms shipping to over 130 countries. Founded as a boutique in 1987, Mytheresa launched online in 2006 and offers ready-to-wear, shoes, bags and acce
MYT Netherlands Parent B.V. (NYSE:MYTE) (the "Company") announces a new senior leadership team for the combined group effective upon closing of the acquisition of YOOX NET-A-PORTER. The new leadership team has been nominated to drive and create the leading, luxury multi-brand digital group for true luxury enthusiasts around the globe. The new group will encompass some of the most iconic and loved store brands in the world: NET-A-PORTER, MR PORTER, YOOX, THE OUTNET and Mytheresa. To further strengthen the unique and differentiated identities of each store brand separate, dedicated management teams are put in charge to deliver the best curated brand offerings, to create highly engaging inspir
MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa") today announced the date for the release of its third quarter fiscal year 2025 ended March 31, 2025 financial results. Third Quarter Fiscal Year 2025 Earnings Call and Webcast Mytheresa will release third quarter fiscal year 2025 financial results before the U.S. market open on May 14, 2025. 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 access c
Double-digit Net Sales growth with +13.4% in Q2 FY25 vs. Q2 FY24 Continuous US expansion with +17.6% Net Sales growth in Q2 FY25 Strong GMV per Top Customer growth with +13.6% in Q2 FY25 Outstanding Average Order Value increasing by +9.5% to €736 LTM in Q2 FY25 Gross Profit Margin increase of 110bps to 50.9% in Q2 FY25 Strong profitability with adjusted EBITDA margin of 7.3% in Q2 FY25 Inventory decrease of -1.3% in Q2 FY25 vs. Q2 FY24 MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa" or the "Company"), today announced financial results for its second quarter fiscal year 2025 ended December 31, 2024. The luxury multi-brand digital platform reported continued strong
MYT Netherlands Parent B.V. (NYSE:MYTE) ("Mytheresa") today announced the date for the release of its second quarter fiscal year 2025 ended December 31, 2024 financial results. Second Quarter Fiscal Year 2025 Earnings Call and Webcast Mytheresa will release second quarter fiscal year 2025 financial results before the U.S. market open on February 11, 2025. 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 partic
TD Cowen upgraded Mytheresa from Hold to Buy and set a new price target of $14.00 from $13.00 previously
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
6-K - MYT Netherlands Parent B.V. (0001831907) (Filer)
6-K - MYT Netherlands Parent B.V. (0001831907) (Filer)
144 - MYT Netherlands Parent B.V. (0001831907) (Subject)