MYT Netherlands Parent B.V Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
MYT Netherlands Parent B.V (NYSE:MYTE) Full Year 2023 Results
Key Financial Results
Revenue: €768.6m (up 11% from FY 2022).
Net loss: €15.1m (loss widened by 91% from FY 2022).
€0.17 loss per share (further deteriorated from €0.092 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
MYT Netherlands Parent B.V Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 61%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company's shares are up 15% from a week ago.
Risk Analysis
Be aware that MYT Netherlands Parent B.V is showing 1 warning sign in our investment analysis that you should know about...
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