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Update: LuxExperience Shares Rise After Fiscal Q4 Net Sales Increase

Update: LuxExperience Shares Rise After Fiscal Q4 Net Sales Increase

MT newswireMT newswire2026/09/16 19:11
03:11 PM EDT, 09/16/2026 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.) LuxExperience (LUXE) shares rose nearly 26% in Wednesday afternoon trading following higher fiscal Q4 net sales. The company 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. Price: 9.01, Change: +1.86, Percent Change: +25.94
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