MYT Netherlands Parent BV (MYTE) Stock

I reiterate my buy rating for MYT Netherlands Parent due to solid growth momentum and a well-executed strategy, expecting this trend to persist. MYTE's 1Q25 results showed 7.4% y/y revenue growth, beating adj EBITDA estimates with a margin expansion driven by improved gross margins and lower SG&A expenses. MYTE's strategy of unique events and exclusive collections for top customers led to significant growth, particularly in the US, indicating strong demand momentum.

MUNICH--(BUSINESS WIRE)--MYT Netherlands Parent B.V. (NYSE: MYTE) (“Mytheresa” or the “Company”) today announced financial results for its first quarter fiscal year 2025 ended September 30, 2024. The luxury multi-brand digital platform reported continued strong financial performance for the first quarter, with strong revenue growth and significantly improved profitability on adjusted EBITDA level as compared to last year with increased AOV, improved gross margin, reduced return rates and improv.

Mytheresa just struck a deal to acquire Yoox Net-A-Porter (YNAP) from luxury powerhouse Richemont, owner of Cartier, Piaget, Chloé, Montblanc and more.

MYT Netherlands Parent B.V. (NYSE:MYTE ) Q4 2024 Earnings Conference Call September 12, 2024 8:00 AM ET Company Participants Martin Beer - CFO Michael Kliger - CEO Conference Call Participants Oliver Chen - TD Cowen Amanda Douglas - JP Morgan Blake Anderson - Jefferies Grace Smalley - Morgan Stanley Wendy Gao - CICC Operator Greetings, and welcome to the Mytheresa Fourth Quarter and Full Fiscal 2024 Earnings Conference Call.

Mytheresa's CEO, Michael Kliger, and CFO, Martin Beer, will be attending investor conferences in Paris and New York City. Kliger will be presenting at the Morgan Stanley Annual Luxury Conference in Paris on May 22, 2024.

MYT Netherlands Parent B.V. (NYSE: MYTE) will be hosting its Q3 2024 Earnings Conference Call on May 15, 2024 at 8:00 AM ET. Participants include Martin Beer, the Chief Financial Officer, and Michael Kliger, the Chief Executive Officer. Analysts joining the call include Grace Smalley from Morgan Stanley. The operator begins the call with a greeting.

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.