About You Holding Falls After Lower: than-expected sales outlook

ABOUT YOU Holding SE

24/05/2022 09:10

** Shares of ABOUT YOU Holding  YOUG.DE  fall around 8%
after the German online fashion retailer's sales guidance fell
short of expectations  urn:newsml:reuters.com:*:nASM000CYW
    ** A local trader says fresh FY 2022/23 outlook is below
expectations with revenues 2.165-2.338 billion euros and adj.
EBITDA -70 to -50 million euros compared to consensus of 2.44
billion and -55 million euros
    ** Jefferies says that top point of the sales guidance is 4%
below consensus, however, adj. EBITDA guidance is "in line"
    ** The stock is at the bottom of German small-caps index
 .GDAXI 

 (Reporting by Anastasiia Kozlova)
 ((Anastasiia.Kozlova@thomsonreuters.com))