Hugo Boss (OTCMKTS:BOSSY – Get Free Report) was upgraded by Berenberg Bank to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.
BOSSY has been the topic of a number of other reports. Citigroup reissued a “neutral” rating on shares of Hugo Boss in a research note on Wednesday, August 5th. DZ Bank cut shares of Hugo Boss from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.
View Our Latest Stock Report on BOSSY
Hugo Boss Stock Up 5.6%
Hugo Boss (OTCMKTS:BOSSY – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.34). Hugo Boss had a net margin of 5.34% and a return on equity of 14.36%. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Sell-side analysts expect that Hugo Boss will post 0.63 EPS for the current year.
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.
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