Hugo Boss AG (OTCPK:BOSSY) Q3 2024 Earnings Conference Call November 5, 2024 5:00 AM ET Company Participants Christian Stohr - Vice President, Investor Relations Yves Muller - Chief Financial Officer and Chief Operating Officer Conference Call Participants Frederick Wild - Jefferies Grace Smalley - Morgan Stanley Manjari Dhar - RBC Jurgen Kolb - Kepler Cheuvreux Michael Kuhn - Deutsche Bank Rog...
Die US-Investmentbank Goldman Sachs hat das Kursziel für Hugo Boss DE000A1PHFF7 von 49 auf 47,80 Euro gesenkt, aber die Einstufung auf "Neutral" belassen.
Hugo Boss' third-quarter operating profit slightly beat market expectations on Tuesday, as the company reported a 1% increase in currency-adjusted group sales amid persistently weak demand in China.
Hugo Boss shares are down by almost 40% YTD. Negative sentiment toward premium brands/retailers, but also flat sales and decreasing profitability, were the main issues. Shares are trading significantly below their historic valuation range, and a lot of bad news seems to be priced in. The company will announce Q3 2024 financial results on November 5. Positive news or just a confirmation of the o...
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