MYT Netherlands Parent B.V. (NYSE:MYTE) executives said the company, referred to on the call as LuxExperience B.V., posted a second consecutive profitable quarter on an adjusted EBITDA basis as its Mytheresa business continued to grow and turnaround efforts advanced at NET-A-PORTER, MR PORTER and YOOX.
Chief Executive Officer Michael Kliger said the group achieved 0.3% GMV growth at constant currency in the third quarter of fiscal 2026 despite what management described as headwinds from the outbreak of war in the Middle East in March. Chief Financial Officer Martin Beer said the group’s adjusted EBITDA margin was 0.9%, compared with negative 3.2% in the prior-year quarter.
