Q3 sales expected to increase while FY24 guidance remains conservative
- Mytheresa expects FY24 guidance to be at the lower end of the estimated range
- Q3 sales are expected to increase between 15% and 18% year-on-year
- Adjusted operating income levels in Q3 are better than last year
Mytheresa has confirmed that its guidance for FY24 to 30 June will be “at the lower end” of its estimated range of 8% to 13%, despite the group expecting Q3 sales to have increased between 15% and 18% year-on-year. The group maintains that adjusted operating income levels in Q3 are better than those seen in the same period last year, and will range between 1.5% and 2.5%.
Factuality Level: 8
Factuality Justification: The article provides a straightforward report on Mytheresa’s confirmation of its guidance for FY24, including expected sales growth for Q3. The information is clear and directly related to the main topic without any irrelevant details or bias.
Noise Level: 2
Noise Justification: The article provides clear and concise information about Mytheresa’s financial guidance for FY24 and Q3 sales performance. It stays on topic without diving into unrelated territories. The information is relevant and to the point, without any exaggerated reporting or misleading information.
Financial Relevance: Yes
Financial Markets Impacted: Mytheresa
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to the financial performance of Mytheresa, a company in the fashion industry. There is no mention of any extreme events or their impact.
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