Hugo Boss (OTCMKTS:BOSSY) Releases Earnings Results, Misses Expectations By $0.34 EPS

Hugo Boss (OTCMKTS:BOSSY) posted its quarterly earnings data on Tuesday. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.34), Zacks reports. Hugo Boss had a return on equity of 15.66% and a net margin of 5.56%.

Hugo Boss Trading Up 3.4%

OTCMKTS:BOSSY opened at $8.79 on Tuesday. Hugo Boss has a 12 month low of $8.00 and a 12 month high of $10.08. The company has a current ratio of 1.56, a quick ratio of 0.64 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $2.97 billion, a price-to-earnings ratio of 11.27 and a beta of 0.54. The firm has a fifty day simple moving average of $8.59 and a two-hundred day simple moving average of $8.58.

Analyst Upgrades and Downgrades

A number of analysts have commented on BOSSY shares. Citigroup reaffirmed a “neutral” rating on shares of Hugo Boss in a research report on Monday, May 11th. DZ Bank lowered Hugo Boss from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 12th. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About Hugo Boss

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.