Mytheresa Expects FY24 GMV And Net Sales Growth Of 8%-13%, Gross Profit Growth Of 8%-13%, Adjusted EBITDA Margin Of 3%-5%
Portfolio Pulse from Benzinga Newsdesk
Mytheresa (MYTE) has projected its FY24 Gross Merchandise Value (GMV) and net sales growth to be between 8% and 13%. The company also expects its gross profit growth to be in the same range, while its adjusted EBITDA margin is anticipated to be between 3% and 5%.
September 14, 2023 | 10:06 am
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POSITIVE IMPACT
Mytheresa's FY24 projections of GMV and net sales growth between 8% and 13%, along with gross profit growth in the same range and adjusted EBITDA margin of 3%-5%, may influence investor sentiment.
The company's projected growth rates and EBITDA margin for FY24 are key indicators of its financial health and future performance. Positive projections like these can boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100