Netherlands' LuxExperience Q3 net sales fall 5.2% yr/yr

LuxExperience BV

19/05/2026 11:08

Overview

Netherlands digital luxury platform's Q3 FY26 net sales stable ex-FX, down 5.2% reported yr/yr

Group achieved positive adjusted EBITDA for second consecutive quarter, margin at 0.9%

Company completed sale of THE OUTNET assets, previously announced in October 2025

Outlook

LuxExperience confirms FY26 guidance for GMV of €2.5 bln to €2.7 bln

Company expects FY26 adjusted EBITDA margin between -1% and +1%

Company says transformation plan is fully on track and expects to achieve guided results

Result Drivers

TRANSFORMATION PLAN - Co said ongoing transformation plan drove improvements across all segments, including cost reductions and operational efficiencies

SEGMENT PERFORMANCE - Mytheresa delivered strong sales and profitability growth, while NET-A-PORTER, MR PORTER and YOOX showed improved margins and sequential progress, per CEO Michael Kliger

COST DISCIPLINE - Co attributed improved profitability and margin expansion to reduced SG&A costs and focus on core business operations

Company press release: ID:nBwKzNfQa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Gross Margin
47.10%


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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.)