Hugo Boss (OTCMKTS:BOSSY) Releases Quarterly Earnings Results, Misses Estimates By $0.19 EPS

Hugo Boss (OTCMKTS:BOSSY) released its quarterly earnings data on Tuesday. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.19), Zacks reports. Hugo Boss had a return on equity of 17.43% and a net margin of 5.92%.

Hugo Boss Stock Performance

Shares of OTCMKTS:BOSSY remained flat at $8.22 on Tuesday. 1,662 shares of the company’s stock were exchanged, compared to its average volume of 770. The company has a quick ratio of 0.83, a current ratio of 1.63 and a debt-to-equity ratio of 0.57. The firm has a market cap of $2.84 billion, a P/E ratio of 9.90 and a beta of 0.52. The company’s fifty day moving average price is $8.60 and its two-hundred day moving average price is $8.66. Hugo Boss has a 1 year low of $8.00 and a 1 year high of $10.21.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada downgraded Hugo Boss from an “outperform” rating to a “sector perform” rating in a report on Monday, January 26th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock 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.