LuxExperience BV's stock surged 6.08% during pre-market trading on Tuesday, following the release of its second-quarter fiscal year 2026 financial results.
The luxury multi-brand digital platform reported quarterly sales that exceeded analyst expectations. Net sales grew 1.1% reported year-over-year to €645.1 million, representing a 5.7% increase on a constant currency basis. The company also achieved a return to profitability at the Group level, posting a positive Adjusted EBITDA of €13.2 million with a margin of +2.0%.
Management expressed confidence in the company's transformation plan, noting that results confirm medium-term targets of €4 billion in Net Sales and a 7-9% Adjusted EBITDA margin. The company also provided updated guidance for the full fiscal year, narrowing the expected GMV range to €2.5-2.7 billion and improving the Adjusted EBITDA margin expectation to -1% to +1%.