Hugo Boss (BOSSY) Expected to Announce Earnings on Tuesday

Hugo Boss (OTCMKTS:BOSSY) is anticipated to release its resultson Tuesday, May 5th. Analysts expect Hugo Boss to post earnings of $0.2452 per share and revenue of $1.0338 billion for the quarter.

Hugo Boss (OTCMKTS:BOSSY) last announced its earnings results on Tuesday, March 10th. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.05. Hugo Boss had a net margin of 5.92% and a return on equity of 17.43%. The business had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.20 billion. On average, analysts expect Hugo Boss to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hugo Boss Price Performance

Shares of OTCMKTS:BOSSY opened at $8.39 on Monday. The company has a 50-day simple moving average of $8.60 and a 200-day simple moving average of $8.66. Hugo Boss has a one year low of $8.00 and a one 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. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 10.11 and a beta of 0.52.

Analyst Ratings Changes

Separately, Royal Bank Of Canada cut shares of Hugo Boss from an “outperform” rating to a “sector perform” rating in a report on Monday, January 26th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Hugo Boss currently 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.