Streetbeat News

MYTE

MYT Netherlands Parent B.V.

https://www.mytheresa.com

Industry

Luxury Goods

MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, the rest of Europe, and internationally. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores. It serves high-income luxury consumers. The company was founded in 1987 and is based in Munich, Germany.

Open

6.99

Mkt cap

596M

Volume

55K

High

7.13

P/E Ratio

-15.53

52-wk high

8.24

Low

6.57

Div yield

N/A

52-wk low

2.41

MYT Netherlands Parent B.V. (MYTE) held its Q1 2025 earnings call, discussing financial performance and company updates.

Portfolio Pulse from

November 19, 2024 | 4:00 pm

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Portfolio Pulse from Benzinga Insights

October 08, 2024 | 4:31 pm

U.S. stocks saw gains on Tuesday, with notable movements in PepsiCo, DocuSign, Robinhood, and others. PepsiCo's shares rose despite mixed Q3 results and lowered 2024 guidance. Cassava Sciences surged after an analyst upgrade, and DocuSign rose on news of joining the S&P MidCap 400.

Portfolio Pulse from Avi Kapoor

October 08, 2024 | 2:12 pm

Several consumer discretionary stocks experienced significant price movements during Monday's intraday session. Notable gainers included Ambow Education Holding, MYT Netherlands Parent, and Container Store Group, while Cheetah Net Supply Chain and Forward Industries were among the biggest losers.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 4:31 pm

MYT Netherlands Parent B.V. (NYSE:MYTE), known as Mytheresa, is trading higher after agreeing to acquire YOOX NET-A-PORTER from Richemont. Richemont will receive a 33% equity stake in Mytheresa and provide a $109 million credit facility to YNAP. The deal is expected to close in the first half of 2025.

Portfolio Pulse from Dylan Berman

October 07, 2024 | 3:36 pm

MYT Netherlands shares rose following the announcement of its acquisition of YOOX NET-A-PORTER for €555 million.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:18 pm

On Monday, several US-listed stocks saw significant gains despite a general market downturn. Pfizer's shares rose 4% after Starboard Value acquired a $1 billion stake. Scholar Rock Holding Corp's shares surged 291% following positive clinical trial results. Duckhorn Portfolio's shares climbed 101.3% after reporting strong financial results and announcing an acquisition by Butterfly Equity. Arcadium Lithium gained 40.1% after a potential acquisition approach by Rio Tinto. Vista Outdoor's shares increased 9.8% following a definitive agreement to sell Revelyst.

Portfolio Pulse from Avi Kapoor

October 07, 2024 | 2:08 pm

Mytheresa is set to acquire YOOX NET-A-PORTER from Richemont in a €555 million cash deal, issuing a 33% equity stake to Richemont. The transaction, expected to close in H1 2025, will form a global multi-brand luxury group.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 6:42 am

MYT Netherlands Parent has projected a growth in GMV and net sales of 7%-13% for FY25, with an expected adjusted EBITDA margin of 3%-5%.

Portfolio Pulse from Nabaparna Bhattacharya

September 12, 2024 | 10:12 am

MYT Netherlands Parent reported a Q4 EPS of €(0.04), an improvement from €(0.06) year-over-year, with net sales increasing to €223.2M from €203.4M.

Portfolio Pulse from Nabaparna Bhattacharya

September 12, 2024 | 10:11 am

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