MYT Netherlands Parent B.V. Q3 Results & FY24 Guidance Update

Ticker: LUXE · Form: 6-K · Filed: Apr 18, 2024 · CIK: 1831907

Sentiment: neutral

Topics: financial-results, guidance, preliminary-results

TL;DR

MYT Netherlands Parent B.V. Q3 results are in, and they're guiding lower for the full year.

AI Summary

On April 18, 2024, MYT Netherlands Parent B.V. released preliminary, unaudited financial results for the third quarter ending March 31, 2024. The company also confirmed it is now expecting to be at the lower end of its previously issued guidance for the full fiscal year 2024.

Why It Matters

This filing provides investors with an early look at MYT's financial performance for the recent quarter and signals potential headwinds for the full fiscal year, impacting future investment decisions.

Risk Assessment

Risk Level: medium — The company is confirming the lower end of its guidance, which could indicate slowing growth or increased costs.

Key Players & Entities

FAQ

What are the preliminary unaudited financial results for the third quarter ending March 31, 2024?

The filing states that MYT Netherlands Parent B.V. issued a press release containing preliminary unaudited financial results for the third quarter ending March 31, 2024, but the specific figures are not detailed in this 6-K document.

What is the updated guidance for the full fiscal year 2024?

MYT Netherlands Parent B.V. confirmed it is now expecting to be at the lower end of its previously issued guidance for the full fiscal year 2024.

When was this press release issued?

The press release containing the financial results and guidance update was issued on April 18, 2024.

What is the company's primary business?

MYT Netherlands Parent B.V. is classified under SIC code 5961, which is RETAIL-CATALOG & MAIL-ORDER HOUSES.

Where is MYT Netherlands Parent B.V. headquartered?

The company's principal executive offices are located at Einsteinring 9, 85609 Aschheim/Munich, Germany.

Filing Stats: 291 words · 1 min read · ~1 pages · Grade level 9.6 · Accepted 2024-04-18 08:00:29

Filing Documents

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO SECTION 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2024 Commission File Number: 001-39880 MYT NETHERLANDS PARENT B.V. (Exact Name of Registrant as Specified in its Charter) Einsteinring 9 85609 Aschheim/Munich Germany +49 89 127695-614 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): On April 18, 2024, MYT Netherlands Parent B.V. issued a press release containing preliminary unaudited financial results for the third quarter ending March 31, 2024 and confirmed the lower end of the guidance for full fiscal year 2024 as well as the announcement of the date for the conference call regarding its unaudited financial results for the third fiscal quarter ended March 31, 2024. The conference call will be held on May 15, 2024 at 8am Eastern time. A copy of the press release is attached hereto as Exhibit 99.1. Exhibit No. Description 99.1 Press Release of Preliminary Q3, FY 2024 Results and Full Fiscal Year 2024 Outlook SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. MYT Netherlands Parent B.V. By: /s/ Martin Beer Name: Dr. Martin Beer Title: Chief Financial Officer Date: April 18, 2024

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