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plus grew million. During the net sales by reaching $XXX.X XX.X%, third quarter,
perspective, in in excluding wholesale grew or of plus by rest operating able growth XX.X% offer growth strong and X.X%; seamlessly plus the brand plus net and Europe, Europe world.In brands From partners XX.X% CPM the rest in the and saw regional both the U.S. of major X exceptional U.S., again quarter; we CPM. Germany, have sales plus models, XX.X%. world, Europe, our are and under We to
model business worldwide capturing up. ensures Our global open growth opportunities they wherever seamless and execution
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acquisition marketing environment. the on Following market and softer the the potential again top our to quarters, customers preceding total high expenses strategy our focus of yet our retention. We of customer remained overall adjusted
quarter. during ratio $X.X now As the a X.X%. consequence, by to XXX marketing decreased marketing The million million by expenses our to cost points decreased $XX.X basis
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in resources a also in build but will growth grow strong to and continue will our we cost-effective We trajectory. targets the ensure up right manner, that growth our achieve to medium-term short
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improved stood has of the $X.X compared fiscal The to improved period. EBITDA 'XX. of at $X.X in year X.X% year X.X% XXX now fiscal EBITDA quarter third by year as 'XX, significantly EBITDA million quarter.During as compared prior compared to prior adjusted year the Our margin as in basis to QX adjusted million points to the adjusted
adjusted fiscal target year EBITDA 'XX, guided full X% X% end to to June, lower of we the continue 'XX our the in For ending margin.
to profitability to Given level market beats and leadership to performance. environment luxury grow market achieve enables worldwide is our the capture clearly share, It and peer to position. fortify continuous challenging continue and this remarkable strongly us
uncertainties around year our are to be next to the that levels expect expected level. continue, market the profitability As fiscal also we in
at EBIT margin year for unique model, and margin business achieved typical plus X.X% again levels the adjusted the period. of income Mytheresa the on profitability plus compared was adjusted depreciation low in our at strong was cash to a positive at quarter.Looking we margin income net or adjusted flow. X.X% and EBIT a prior operating adjusted X.X% also in The a adjusted EBIT The amortization Given level.
EUR million a flow For during in XX.X previous million cash inventory is preceding mostly use The prior quarter. plus $XX.X seasonal to cash lower EUR XX.X buildup, million was came in XX minus year million reduced cash the the year flow by operating minus compared quarter, the minus operating given at quarter EUR flow operating the to the quarter after much inventory compared A driven purchases. period.
We are managing our track on inventory on levels.
days DIO growth the of the As of XXX XX, and previous days.Cash payments target and significantly new XX.X% the EUR of mostly range of investing inventory year of year-over-year, March XX.X% is from XX.X% approaching 'XX from top in from This fiscal days, March driven at quarter. the our million compared the down plus line end distribution at million year our X.X by 'XX, to lower and of at in end X.X QX flow was a XXX our QX remaining in was 'XX. EUR was plus than center June, XXX End activities Leipzig. reduced at the for at
CapEx very from to the net business continue cash in investing activities We X% low have sales. model of expect flows to to again below therefore, return and in the flow next cash our quarters
our new hand. with we enable million us of one agreement, revolving at cash. million $XX entered replacing This of EUR utilization and $XX.X million March credit at of XX, the have multiyear line was securing cash XX, the As continuous into March old the a growth us facility successfully to credit strategy.As cash fund will XX.X
time our not bank balance from the other an any capital facility 'XX. debt Please use end working credit besides to do in time, we for that sheet. end remember seasonal We year, June of the utilization have of that revolving at even net financing expect we lower fiscal our
ratio about talked an outlook. short and I long-term all we that medium- no of very term in what With especially and our We in as balance Michael so very surprise strong have sheet XX%. a far, comes equity confident remain with our and
fiscal clearly growth of ongoing confirm full it X% GMV sales 'XX, X%.The net is speed, are XX% top bottom year and our end which the line ranges and between industry the and between For adjusted guided gaining who of X% the our an becomes consolidation lower 'XX, at June and we ends guidance in for to XX, EBITDA on the outperformers. margin visible the
term completed milestones, distribution level in new the infrastructure We on are Mytheresa multibillion an medium trajectory major of fundamental of annual low to our Michael our is concluding with back and turn growth market at this, setup with call center have ongoing teens an new our his successful to share margin IT double-digit And and and all X least high gaining and an X%. now a accelerated adjusted for Leipzig. I will become growth, XXs set remarks. securing over the business EBITDA
