Hugo Boss (OTCMKTS:BOSSY) Issues Quarterly Earnings Results, Misses Estimates By $0.19 EPS

Key Points

• Missed earnings: Hugo Boss reported quarterly EPS of $0.06, missing the $0.25 consensus by $0.19, while posting a return on equity of 17.43% and a net margin of 5.92%.
• Market reaction and valuation: BOSSY was flat at $8.22 midday with 1,662 shares traded versus an average of 770, a market cap of $2.84 billion and a PE ratio of 9.90, trading in a one-year range of $8.00–$10.21.
• Analyst view softened: Royal Bank of Canada downgraded the stock from "outperform" to "sector perform," and the MarketBeat consensus rating is "Hold."

Hugo Boss (OTCMKTS:BOSSY - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.19), Zacks reports. Hugo Boss had a return on equity of 17.43% and a net margin of 5.92%.

Hugo Boss Price Performance

BOSSY stock remained flat at $8.22 during midday trading on Tuesday. 1,662 shares of the company's stock were exchanged, compared to its average volume of 770. The stock's 50 day moving average price is $8.60 and its 200-day moving average price is $8.66. The stock has a market capitalization of $2.84 billion, a PE ratio of 9.90 and a beta of 0.52. Hugo Boss has a 1 year low of $8.00 and a 1 year high of $10.21. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.83 and a current ratio of 1.63.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada lowered shares of Hugo Boss from an "outperform" rating to a "sector perform" rating in a report on Monday, January 26th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of "Hold".

Hugo Boss Company Profile

Hugo Boss AG is a German luxury fashion group that designs, produces and distributes a broad range of apparel, accessories and footwear under its two core brands, BOSS and HUGO. The company's product portfolio spans men's and women's business wear, casual collections and athleisure, as well as fragrances, eyewear and leather goods. Hugo Boss operates through a multi-channel network that includes directly operated retail stores, e-commerce platforms and wholesale partnerships with department stores and specialty retailers.

Founded in 1924 by Hugo Ferdinand Boss and headquartered in Metzingen, Germany, the company originally produced workwear and uniforms before pivoting to high-end fashion in the latter half of the 20th century.

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