Mytheresa projected Q3 2024 sales gains despite weakness among luxury e-commerce competitors.
The Munich-based company reported on Thursday that its net sales for the third quarter ended March 31 will range from 230 million euros to 235 million euros. That represents an increase of 15 to 18 percent from the year-ago quarter.
The company will release its final third-quarter results on May 15, but investors liked what they saw and traded shares of the company up 4.7 percent to $3.80 in midday trading on Wall Street.
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