MYT Netherlands Parent B.V. (NYSE:MYTE) Issues Quarterly Earnings Results

MYT Netherlands Parent B.V. (NYSE:MYTE) issued its quarterly earnings data on Thursday. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.11), Zacks reports. The firm had revenue of $240.24 million during the quarter, compared to analyst estimates of $248.12 million. MYT Netherlands Parent B.V. had a negative return on equity of 5.93% and a negative net margin of 3.16%. During the same quarter in the previous year, the firm posted ($0.07) earnings per share. MYT Netherlands Parent B.V. updated its FY 2025 guidance to EPS.

MYT Netherlands Parent B.V. Price Performance

Shares of NYSE MYTE traded down $0.04 during midday trading on Friday, reaching $3.86. 19,502 shares of the company traded hands, compared to its average volume of 58,042. MYT Netherlands Parent B.V. has a 12 month low of $2.05 and a 12 month high of $6.27. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.32 and a current ratio of 2.20. The stock’s 50-day simple moving average is $3.95 and its 200-day simple moving average is $4.21. The firm has a market cap of $328.10 million, a PE ratio of -11.36 and a beta of 1.12.

Analyst Ratings Changes

Separately, TD Cowen lifted their price target on MYT Netherlands Parent B.V. from $4.00 to $5.00 and gave the stock a “hold” rating in a research report on Thursday, May 16th.

About MYT Netherlands Parent B.V.

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, rest of Europe, and internationally. It offers womenswear, menswear, kids wear, and lifestyle products. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores.