LuxExperience BV (NYSE: LUXE) shares jumped 5.33% in pre-market trading on Wednesday following the release of its strong third-quarter fiscal year 2025 earnings report for its legacy Mytheresa standalone business.
The luxury multi-brand digital platform reported solid growth and continued profitability in a challenging market environment. Net sales increased by 4% year-over-year to €242.5 million, while the adjusted EBITDA margin remained strong at 3.9%. The company also saw a significant improvement in its gross profit margin, which expanded by 140 basis points to 44.8%.
Investors are particularly encouraged by LuxExperience's positive outlook following its recent acquisition of YOOX NET-A-PORTER. Michael Kliger, CEO of LuxExperience, stated, "Combined we will create the leader in global digital, multi-brand luxury with strong profitability and growth. Our medium-term ambition is to reach around €4bn in net sales per year and 7% to 9% in adjusted EBITDA margin." This optimistic forecast, coupled with the strong performance of the Mytheresa business, appears to be driving the stock's pre-market surge.