Hugo Boss AG
BOSS
ISIN DE000A1PHFF7 / Valor 18789679
Hugo Boss AG
UMushroom community rating:
About company
Hugo Boss AG is a leading global fashion and lifestyle company based in Metzingen, Germany, offering high-quality women's and men's apparel, shoes, and accessories. The company operates in 128 countries through a network of brick-and-mortar stores, shop-in-shops, outlets, and online platforms. With a focus on providing customers with a perfect cut and fit, Hugo Boss AG has established itself as a premium brand with two distinct target groups. In addition to its strong brand presence, the company is committed to sustainability, culture, and sports.
Summarized from source with an LLMView SourceSector: Consumer CyclicalsLatest Results (07.08.2024):
Revenue Growth
Hugo Boss AG reported a revenue of EUR 2,029 million for the first half of 2024, marking a 2% increase compared to the same period in 2023. This growth was driven by strong performance in key markets and a positive response to new product lines.
Sales Performance
Sales in the Americas segment saw a notable increase of 9%, reaching EUR 468 million in the first half of 2024. This was a significant improvement compared to the previous year, reflecting strong consumer demand and effective marketing strategies.
Gross Profit
Hugo Boss AG achieved a gross profit of EUR 1,261 million in the first half of 2024, representing a 2% increase from the same period in 2023. The gross margin also improved slightly to 62.1%, up from 61.9% in the previous year.
Net Income
The net income attributable to equity holders of Hugo Boss AG for the first half of 2024 was EUR 75 million, a decrease of 32% compared to the same period in 2023. This decline was primarily due to increased operating expenses and investment in strategic initiatives.
Outlook
Hugo Boss AG remains cautiously optimistic about the second half of 2024, despite ongoing economic uncertainties. The company expects continued revenue growth driven by strong brand positioning and strategic investments in digital transformation and sustainability initiatives.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2810 M
Market cap (USD)
228,461
Daily traded volume (Shares)
36.8 / 35.72
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
Lea Katunaric
Joseph WI Gospodinov
Tonia Zimmermann
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