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.

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MYT Netherlands Parent (MYTE) reported a significant decrease in Q2 adjusted EPS from $0.13 last year to $0.04 this year, missing the consensus estimate. Sales increased 9.31% YoY to $212.08M but fell short of the $216.27M estimate.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 11:11 am

Numerous companies are scheduled to report their earnings on February 15, 2024, covering a wide range of industries from technology to energy, and including both earnings and losses. Key companies reporting include Cognex, Cenovus Energy, Wendy's, Agios Pharmaceuticals, Appian, and many others, with expectations of both profits and losses.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 10:17 am

MYT Netherlands Parent (NYSE:MYTE) is scheduled to release its quarterly earnings report on February 15, 2024, with an estimated EPS of $0.00. The company's past earnings performance shows a mixed record of beating EPS estimates but generally negative stock price reactions post-earnings. Shares are currently trading at $2.68, reflecting a 73.87% decline over the last 52 weeks. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 8:01 pm

UBS analyst Kunal Madhukar has maintained a Buy rating on MYT Netherlands Parent (NYSE:MYTE) but has reduced the price target from $5.20 to $5.00.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 3:32 pm

MYT Netherlands Parent (NYSE:MYTE) reported a Q1 EPS of $(0.15), missing the $(0.05) estimate by 200%, and a 314.29% decrease from last year's $0.07 EPS. However, Q1 sales of $205.36M exceeded estimates by 8.66% and grew 15.81% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 11:10 am

Earnings reports are scheduled for November 28, 2023, for multiple companies. Notable reports include Elbit Systems with expected earnings of $1.70 per share, PDD Holdings at $1.19 per share, and CrowdStrike Holdings at $0.74 per share. Other companies like Uxin, Canaan, and Nano X Imaging are anticipated to report losses. The earnings announcements cover various sectors and could influence stock performance in the short term.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 9:33 am

Shapeways Holdings, Inc. (SHPW) shares dropped by approximately 20% following the release of disappointing financial results, with an adjusted loss per share and quarterly sales both missing market expectations. Other stocks experienced significant movement in Wednesday's mid-day session, with various companies reporting financial results, FDA designations, and potential acquisition interest.

Portfolio Pulse from Lisa Levin

November 15, 2023 | 7:04 pm

During Wednesday's intraday session, several consumer discretionary stocks experienced significant movements. Newegg Commerce (NEGG) saw a 32.1% increase, Cenntro Electric Gr (CENN) rose by 21.69%, Worksport (WKSP) went up by 21.27%, Farfetch (FTCH) increased by 17.21%, MYT Netherlands Parent (MYTE) moved upwards by 17.07%, and Chegg (CHGG) rose 16.98%. On the downside, Sonder Holdings (SOND) fell 17.5%, Volcon (VLCN) decreased by 16.71%, Faraday Future (FFIE) dropped by 12.39%, Kidpik (PIK) declined by 10.07%, Envirotech Vehicles (EVTV) went down by 8.79%, and Educational Development (EDUC) decreased by 8.72%. The movements were accompanied by significant trading volumes compared to their average, with some companies recently releasing their Q3 earnings.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 5:31 pm

CorMedix Inc. (CRMD) shares increased by over 19% in pre-market trading due to a narrower-than-expected Q3 loss, reporting a loss of 17 cents per share against the expected 21 cents. Other stocks also showed significant movement in pre-market trading, with notable gainers including Heart Test Laboratories, Inc. (HSCS), AgileThought, Inc. (AGIL), and MGO Global, Inc. (MGOL), among others. On the losing side, Marpai, Inc. (MRAI), reAlpha Tech Corp. (AIRE), and Tivic Health Systems, Inc. (TIVC) saw declines following their respective earnings reports and other company-specific news.

Portfolio Pulse from Lisa Levin

November 15, 2023 | 1:07 pm

In Wednesday's pre-market session, several consumer discretionary stocks showed significant movement. MGO Global (MGOL) saw a 38.5% increase after their Q3 earnings report. Ballys (BALY), Newegg Commerce (NEGG), Envirotech Vehicles (EVTV), Holley (HLLY), and MYT Netherlands Parent (MYTE) also experienced gains. Conversely, Lindblad Expeditions (LIND), JOANN (JOAN), ToughBuilt Industries (TBLT), Green Brick Partners (GRBK), PetMed Express (PETS), and Chijet Motor Co (CJET) faced declines, with TBLT's drop following their Q3 earnings release.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 1:06 pm

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