Hugo Boss Aktie News

BOSSY's turnaround situation is progressing positively, with the ability to raise prices and a strong order book indicating strong growth ahead. In 3Q23, BOSSY saw 15% organic sales growth and 10% growth on a reported basis, with growth across regions. The inventory situation is normalizing, and gross margin is expected to expand in 4Q23.

HUGO BOSS AG (OTCPK:BOSSY) Q3 2023 Earnings Conference Call November 2, 2023 6:00 AM ET Company Participants Yves Müller - CFO & COO Christian Stohr - VP, IR Conference Call Participants Susy Tibaldi - UBS Jurgen Kolb - Kepler Cheuvreux Anthony Charchafji - BNP Paribas Manjari Dhar - RBC Andreas Riemann - ODDO BHF Thomas Chauvet - Citigroup Rogerio Fujimori - Stifel Michael Kuhn - Deutsche Bank...

Bullish stock picks are as rare as a diamond and sapphire-set Rolex Submariner, if Jefferies' relaunched luxury coverage is anything to go by. The investment bank kicked off its coverage with just two buys, while suggesting that sector growth in 2024 will be 9% below consensus.

Hugo Boss' turnaround efforts are on a positive trajectory, leading to an upgrade from a hold to a buy rating. Impressive financial performance in 2Q23, with 20% organic sales growth and €121 million EBIT. Strong consumer demand and robust order books continue into 3Q23, indicating sustained momentum.

Hugo Boss hatte besonders unter den COVID-19-bedingten Lockdowns zu leiden. Inzwischen läuft beim Modekonzern die Erholung auf Hochtouren.

Hugo Boss AG (OTCPK:BOSSY) Q2 2023 Earnings Conference Call August 2, 2023 5:00 AM ET Company Participants Christian Stohr – Vice President-Investor Relations Yves Muller – Chief Financial Officer and Chief Operating Officer Conference Call Participants Grace Smalley – Morgan Stanley Susy Tibaldi – UBS Thomas Chauvet – Citi Anthony Charchafji – BNP Paribas Exane Manjari Dhar – RBC Rogerio Fujim...

Hugo Boss, a German luxury fashion brand, is known for its timeless elegance and quality craftsmanship. Hugo Boss is experiencing a transformation, as management seeks to revitalize the brand. We do not wholly believe in it, although see near-term growth improving. Margins are concerning but Q1 implies the business has finally achieved an upward trajectory.

Der Modekonzern Hugo Boss überwindet immer besser das zwischenzeitliche Corona-Tief. Die Aktie ist aus Sicht der Point & Figure Charttechnik kaufenswert.