Hugo Boss (OTCMKTS:BOSSY) Issues Quarterly Earnings Results

Hugo Boss (OTCMKTS:BOSSY) issued its earnings results on Tuesday. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.05, Zacks reports. Hugo Boss had a net margin of 5.92% and a return on equity of 17.88%. The company had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.20 billion.

Hugo Boss Trading Up 1.9%

Shares of BOSSY opened at $8.44 on Thursday. Hugo Boss has a 12-month low of $6.92 and a 12-month high of $10.21. The stock has a market cap of $2.91 billion, a P/E ratio of 10.17 and a beta of 0.62. The company has a 50-day moving average of $8.50 and a two-hundred day moving average of $8.94.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on BOSSY shares. Royal Bank Of Canada cut Hugo Boss from an “outperform” rating to a “sector perform” rating in a report on Monday, January 26th. Kepler Capital Markets raised Hugo Boss to a “hold” rating in a report on Monday, December 8th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average 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.