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Myt Netherlands Adr (MYTE)
:MYTE
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.06Last Year’s EPS
0.04Same Quarter Last Year
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 18, 2021
|% Change Since: 25.08%
|Next Earnings Date:Feb 25, 2021
Earnings Call Sentiment|Positive
The earnings call highlighted strong revenue growth, improved profitability, and successful brand partnerships, particularly in the U.S. market. Despite challenges in China and Asia and transaction-related expenses, the company's strong operational performance and strategic initiatives indicate positive business momentum.Company Guidance
During Mytheresa's first quarter earnings call for fiscal year 2025, several key metrics highlighted the company's strong performance and strategic focus. Mytheresa reported a 7.6% increase in net sales, reaching EUR 201.7 million, and a 6.3% growth in GMV to EUR 216.6 million compared to the same quarter in the previous year. The company achieved a record high average order value of EUR 720, a 9.1% increase, and improved its gross profit margin by 150 basis points to 43.9%. Adjusted EBITDA also saw a positive shift, increasing by EUR 4.1 million to EUR 2.9 million, with a margin improvement of 200 basis points to 1.4%. The United States was a significant growth driver, with net sales increasing by 13.6% and top customer growth of 21%. Mytheresa continues to focus on building strong relationships with top customers, which contributed to a GMV per top customer increase of 16.7% and an 18.8% growth in GMV with top customers compared to the prior year. The company also successfully reduced inventory levels by 3.6% year-over-year, reaching its target days inventory outstanding of 253 days. The positive financial results underpin Mytheresa's confidence in achieving its full-year guidance, forecasting GMV and net sales growth of 7% to 13% and an adjusted EBITDA margin between 3% and 5%.Strong Revenue Growth and Positive EBITDA
The company reported strong revenue growth and positive adjusted EBITDA, continuing a positive business momentum since Q3 of fiscal year 2024.
Record High Average Order Value
The average order value increased significantly by 9.1% to a new record high of EUR 720 in Q1 fiscal year 2025.
U.S. Market Growth
In the United States, the business with top customers grew by 40.9% in GMV, driven by an increase in the top customer base by 20.6% and average spend per top customer by 16.9%.
Improved Gross Margin
The gross profit margin improved by 150 basis points, and the company successfully stabilized the gross profit margin slippage experienced in previous quarters.
Successful Brand Partnerships
The company launched exclusive capsules with global brands like Loewe and Moncler, driving global business growth.
Decrease in Return Rates
The company experienced decreased return rates, likely due to an increase in repeat purchases by existing customers.
Positive Change Report and ESG Progress
The company published its third Positive Change Report, highlighting significant ESG achievements, such as reducing CO2 emissions by over 27,000 tonnes in partnership with DHL.
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MYTE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MYTE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 19, 2024 | $6.10 | $6.32 | +3.61% |
| Sep 12, 2024 | $3.86 | $3.90 | +1.04% |
| May 15, 2024 | $5.00 | $4.84 | -3.20% |
| Feb 15, 2024 | $2.58 | $3.10 | +20.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Myt Netherlands Adr (MYTE) report earnings?
Myt Netherlands Adr (MYTE) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Myt Netherlands Adr (MYTE) earnings time?
Myt Netherlands Adr (MYTE) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MYTE EPS forecast?
MYTE EPS forecast for the fiscal quarter 2025 (Q2) is 0.06.
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