Corrected: Netherlands' LuxExperience Q4 sales rise as full-price focus boosts margins

LuxExperience BV

16/09/2026 11:13

Corrects Key Details table to show 49.7% gross margin was for Mytheresa segment, and not for the company

Overview
Netherlands digital luxury platform's Q4 net sales grew 7.6% ex-FX, profitability improved
Company cut SG&A cost ratio and posted positive cash flow from operations in Q4
LuxExperience authorized $50 mln ADR share repurchase program

Outlook
LuxExperience expects FY27 net sales to grow by +MSD% to +HSD%
Company targets FY27 adjusted EBITDA margin of around 2% to 3%
Mytheresa segment expected to deliver high single-digit to low double-digit net sales growth in FY27

Result Drivers
FULL-PRICE SALES FOCUS - Co said persistent focus on full-price sales drove gross margin improvement and net sales growth, especially at Mytheresa and NAP & MRP
COST DISCIPLINE - Co attributed improved profitability to transformation plan and reduced SG&A expenses, with SG&A cost ratio down 430bps in Q4 FY26
CUSTOMER ECONOMICS - Co reported strong growth in GMV per top customer and higher average order values across segments, supporting sales and profitability

Company press release: ID:nBw6vnRVda

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Mythersa Gross Margin
 
49.7%
 

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 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)