MYT Netherlands Parent B.V. (MYTE) Reports Q2 EPS of EUR0.02

MYT Netherlands Parent B.V. (NYSE: MYTE) reported Q2 EPS of EUR0.02, versus EUR0.22 reported last year. Revenue for the quarter came in at EUR187.6 million, versus EUR158.6 million reported last year.

BUSINESS OUTLOOK:

For the full fiscal year ending June 30, 2022, we raise our previous guidance:

• GMV in the range of €755 million to €775 million, representing a 23% to 26% growth (up from €750 million to €770 million, representing a 22% to 25% growth)
• Net sales at €700 million to €720 million (confirmed €700 million to €720 million)
• Gross profit at €350 million to €365 million, representing a 22% to 27% growth (up from €345 million to €355 million, representing a 21% to 24% growth)
• Adjusted EBITDA margin in the range of 9% to 10% (up from 8% to 9%)

For earnings history and earnings-related data on MYT Netherlands Parent B.V. (MYTE) click here.

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