Hugo Boss AG (HUGPF)
| Previous close | 61.57 |
| Open | 61.74 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 61.57 - 61.57 |
| 52-week range | 60.00 - 73.85 |
| Volume | |
| Avg. volume | 14 |
| Market cap | 4.249B |
| Beta (5Y monthly) | 1.41 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 1.45 (2.36%) |
| Ex-dividend date | 15 May 2024 |
| 1y target est | N/A |
ReutersHugo Boss agrees to sell Russian business to wholesale partner Stockmann
MOSCOW (Reuters) -Hugo Boss has agreed to sell its Russian business to wholesale partner Stockmann, the German fashion house said on Wednesday, a deal that will end its presence in Russia a little over two years after suspending operations there. Hugo Boss, along with many store groups, suspended its retail business in Russia soon after Moscow despatched its army to Ukraine in February 2022. Russia's government commission on foreign asset sales has approved the deal, Interfax reported, citing Deputy Minister of Industry and Trade Viktor Yevtukhov, with one of the conditions being that all jobs are preserved.
ZacksNew Strong Sell Stocks for April 3rd
BOSSY, SBOW and UWMC have been added to the Zacks Rank #5 (Strong Sell) List on April 3, 2023.
ReutersHugo Boss disappoints with 2024 outlook, shares tumble
Hugo Boss warned of much slower sales growth this year and forecast a profit below analyst estimates, sending shares in the German fashion house down 17% on Thursday and set for their worst session in eight years. It expects sales growth of 3% to 6% to around 4.30-4.45 billion euros, it said, below the 4.56 billion seen by analysts a company-provided poll and sharply below 18% growth in 2023. "This triggers concerns about possibly fiercer promotional activity this year weighing on the gross margin," said Cedric Rossi, next-gen consumer analyst at Bryan Garnier.
