Mytheresa Expects FY24 Total Gross Profit To Be On Last Year's Level And Confirm Guidance For Top- And Bottom-line At Lower End Of The Ranges
Portfolio Pulse from Benzinga Newsdesk
Mytheresa expects its FY24 total gross profit to be on par with last year's level and confirms guidance for top- and bottom-line at the lower end of the ranges. The company projects GMV and Net Sales growth of 8% to 13% and an Adjusted EBITDA margin of 3% to 5%.
May 15, 2024 | 10:06 am
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Mytheresa expects its FY24 total gross profit to be on par with last year's level and confirms guidance for top- and bottom-line at the lower end of the ranges. The company projects GMV and Net Sales growth of 8% to 13% and an Adjusted EBITDA margin of 3% to 5%.
The guidance confirmation at the lower end of the ranges suggests a cautious outlook, which may lead to neutral short-term price movement. Investors might be concerned about the company's ability to achieve higher growth and margins.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100