LuxExperience Reports 5.7% Net Sales Growth in Q2 FY26
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 11 2026
0mins
Source: Businesswire
- Significant Sales Growth: LuxExperience reported a 5.7% increase in net sales for Q2 FY26 ending December 31, 2025, indicating positive progress in its transformation plan, with a medium-term target of €4 billion in net sales.
- Return to Adjusted EBITDA Profitability: The company achieved adjusted EBITDA profitability in the second quarter, reflecting clear improvements across all business segments, particularly with Mytheresa's GMV growth outpacing the industry, further solidifying its market position.
- Effective Strategic Execution: NET-A-PORTER and MR PORTER showed continued performance improvement driven by the new strategic direction, demonstrating effective execution in customer focus and cost discipline, thereby enhancing competitiveness.
- Increased Management Confidence: CEO Michael Kliger noted significant early results from the transformation plan, with Mytheresa's successful strategies being applied to newly acquired businesses, showcasing the company's strong potential in the digital luxury market.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy LUXE?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on LUXE
Wall Street analysts forecast LUXE stock price to rise
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 6.940
Low
9.00
Averages
10.00
High
11.00
Current: 6.940
Low
9.00
Averages
10.00
High
11.00
About LUXE
LuxExperience B.V., formerly MYT Netherlands Parent B.V., is a Germany-based company. The Company is engaged in providing luxury multi-brand digital platform for clothing. It offers ready-to-wear products such as shoes, bags and accessories for womenswear, menswear, kids wear as well as lifestyle products and jewelry in various luxury brands such as Bottega Veneta, Brunello Cucinelli, Dolce&Gabbana, Gucci, Loewe, Loro Piana, Moncler, Prada, Saint Laurent, The Row, Valentino. The Company is mainly focus on high-end luxury shoppers, exclusive product and content offerings, technology and analytical platforms as well as service operations.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Profitability Improvement: LuxExperience BV achieved a 0.3% GMV growth in Q3 2026 despite geopolitical challenges, with an adjusted EBITDA margin of 0.9%, marking the second consecutive profitable quarter and demonstrating the company's resilience in adverse conditions.
- MyTheresa Sales Surge: MyTheresa's net sales grew by 9.9% in Q3 2026, with a remarkable 33.8% growth in the U.S. market, indicating strong performance in the luxury sector and successful full-price selling strategies.
- Asset Sale Focus: LuxExperience BV successfully closed the sale of certain assets, allowing for a more focused approach on core business segments, which is expected to enhance operational efficiency and market competitiveness.
- Cash Flow Challenges: Despite the overall positive performance, the operating cash flow was negative at $117.9 million for the first nine months of fiscal 2026, indicating ongoing cash flow pressures during expansion and investment phases, necessitating continued focus on cost management to achieve future profitability goals.
See More
- Stable Net Sales: LuxExperience Group reported net sales of €618.4 million for Q3 FY26, reflecting a 5.2% decline year-over-year due to geopolitical challenges, yet maintaining stability on a constant currency basis, demonstrating resilience in adverse conditions.
- Adjusted EBITDA Profitability: The Group achieved an adjusted EBITDA of €5.7 million in Q3, with a margin of 0.9%, marking the second consecutive quarter of profitability, indicating successful execution of the transformation plan is yielding positive financial outcomes.
- Strong Growth for Mytheresa: Mytheresa's net sales increased by 9.9% year-over-year to €256.0 million, with adjusted EBITDA soaring by 50.4% to €14.1 million, showcasing robust performance and enhanced profitability in the market.
- Strong Cash Position: As of the end of Q3 FY26, LuxExperience held €436.1 million in cash and cash investments, remaining debt-free, underscoring the company's financial health and potential for future investments.
See More
- Significant Revenue Growth: LuxExperience B.V. reported Q3 revenue of €618.47 million, reflecting a remarkable 155% year-over-year increase, indicating a robust recovery in the luxury market and sustained consumer demand, thereby reinforcing its market position.
- Adjusted EBITDA Profitability: The company achieved adjusted EBITDA profitability for the second consecutive quarter, with a margin of 0.9% in Q3, demonstrating the effectiveness of its transformation plan and improved operational efficiency, which is crucial for ongoing profitability.
- Strong Mytheresa Sales: Mytheresa reported net sales of €256.0 million in Q3, with a 9.9% increase on a constant currency basis and a 50.4% rise in adjusted EBITDA to a 5.5% margin, reflecting the brand's competitiveness in the high-end market and shifts in consumer preferences.
- Robust Financial Position: At the end of Q3, the company held €436.1 million in cash and cash investments, with a debt-free balance sheet, showcasing strong financial health that provides ample funding for future expansion and investments.
See More
- Earnings Release Schedule: LuxExperience will release its Q3 FY2026 financial results before the U.S. market opens on May 19, 2026, providing investors with critical insights into its financial performance and future growth potential.
- Conference Call Timing: Following the earnings release, LuxExperience will hold a conference call at 8:00 AM ET, where management will elaborate on the financial results and address investor questions, enhancing transparency and investor confidence.
- Investor Conference Participation: CEO Michael Kliger and CFO Martin Beer will participate in several investor conferences, including the Morgan Stanley Luxury Conference on May 20, 2026, and the Citi Luxury & Premium Brands Conference on May 21, 2026, showcasing the company's leadership in the luxury market.
- Brand Portfolio Overview: LuxExperience is a leading digital multi-brand luxury group, operating renowned brands such as Mytheresa, NET-A-PORTER, and MR PORTER, dedicated to providing unique shopping experiences and community engagement for luxury enthusiasts worldwide.
See More
- Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several companies, indicating a shift in market sentiment that could influence investor decisions and market trends.
- Overview of Updates: While specific upgrades and downgrades are not detailed, the overall rating changes may prompt investors to reassess their positions, potentially affecting trading volumes and price fluctuations of the related stocks.
- Expected Market Reaction: Analyst rating adjustments typically elicit immediate market responses, and investors should monitor these changes to seize potential investment opportunities or mitigate risks.
- Source of Information: This information is provided by Benzinga, highlighting the significance of analyst ratings in investment decisions, and investors are encouraged to regularly check the analyst ratings page for the latest updates.
See More
- Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several companies, reflecting varying market perspectives that could influence investor decisions.
- Overview of Updates: The rating changes include upgrades, downgrades, and new initiations, prompting investors to pay attention to these shifts to stay informed about market dynamics.
- Investor Consideration: Investors considering buying SHOP stock should refer to the latest insights from analysts to make more informed investment decisions, especially amid market volatility.
- Data Source: A complete view of all analyst rating changes can be found on Benzinga's analyst ratings page, ensuring investors have access to the latest information to optimize their investment strategies.
See More










