Westwing Group Second Quarter 2024 Earnings: €0.24 loss per share (vs €0.13 loss in 2Q 2023)

Westwing Group (ETR:WEW) Second Quarter 2024 Results

Key Financial Results

• Revenue: €214.7m (up 111% from 2Q 2023).
• Net loss: €4.80m (loss widened by 78% from 2Q 2023).
• €0.24 loss per share (further deteriorated from €0.13 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Westwing Group Earnings Insights

Looking ahead, revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany.

Performance of the German Specialty Retail industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Westwing Group's balance sheet and an in-depth analysis of the company's financial position.

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