Hugo Boss (OTCMKTS:BOSSY) Posts Quarterly Earnings Results, Misses Expectations By $0.51 EPS

Key Points

• Hugo Boss reported quarterly EPS of $0.20, falling $0.51 short of analysts’ consensus estimate of $0.71. The company posted a 5.34% net margin and 14.10% return on equity.
• BOSSY shares opened at $8.88, with a 12-month range of $8.00 to $9.70 and a market capitalization of approximately $3.06 billion.
• Analyst sentiment remains cautious: one analyst rates the stock a Strong Buy, four recommend Hold, and the overall consensus rating is Hold.

Hugo Boss (OTCMKTS:BOSSY - Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.71 by ($0.51), Zacks reports. Hugo Boss had a net margin of 5.34% and a return on equity of 14.10%.

Hugo Boss Stock Performance

Shares of BOSSY stock opened at $8.88 on Tuesday. Hugo Boss has a 12-month low of $8.00 and a 12-month high of $9.70. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 11.96 and a beta of 0.61. The business has a 50 day simple moving average of $8.93 and a 200 day simple moving average of $8.69. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.77 and a quick ratio of 0.79.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on BOSSY. Citigroup reissued a "neutral" rating on shares of Hugo Boss in a report on Wednesday, August 5th. Berenberg Bank raised shares of Hugo Boss to a "strong-buy" rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold".

Hugo Boss Company Profile

Hugo Boss AG is a German fashion and lifestyle company headquartered in Metzingen, Germany. Founded in 1924 by Hugo Ferdinand Boss, the company has developed into an international apparel business serving customers through its own retail stores, online channels, wholesale partners and selected digital platforms.

The company operates primarily through its BOSS and HUGO brands. BOSS offers modern businesswear, casual clothing, footwear and accessories for men and women, while HUGO focuses on contemporary, fashion-oriented collections.

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