LuxExperience Swings to Fiscal Q4 Loss, Net Sales Increase; Fiscal 2027 Sales Growth Guidance Initiated
MT Newswires Live
Yesterday
LuxExperience (LUXE) reported a fiscal Q4 loss Wednesday of 0.19 euros ($0.22) per diluted share, swinging from earnings of 4.65 euros a year earlier.
Three analysts polled by FactSet expected a loss of 0.17 euros.
Net sales for the quarter ended June 30 were 663.8 million euros, up from 559.1 million euros a year earlier.
Four analysts expected 633.3 million euros.
For fiscal 2027, the company expects net sales growth of mid- to high-single-digit percentage.
Shares were up more than 12% in recent premarket activity.
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