|Bid||1,760.00 x 123800|
|Ask||1,761.00 x 230600|
|Day's range||1,753.00 - 1,768.00|
|52-week range||1,228.00 - 1,879.00|
|PE ratio (TTM)||27.13|
|Earnings date||7 Nov 2016 - 14 Nov 2016|
|Dividend & yield||0.51 (2.26%)|
|1y target est||1,706.11|
German fashion house Hugo Boss (IOB: 0Q8F.IL - news) beat second-quarter expectations on Wednesday helped by restructuring and its first rise in U.S. sales in two years, boosting its shares. After a string of profit warnings, Hugo Boss has been slashing prices in China to bring them closer to European and U.S. levels, making efforts to appeal to younger customers, investing in its website and closing loss-making stores. Net profit jumped fivefold to 57.6 million euros ($68 million) reflecting year-ago restructuring costs.
Cosmetics company L'Oreal on Thursday predicted it would make a record profit margin this year as it posted higher first-half sales and earnings boosted by growth in luxury products and emerging markets. L'Oreal said its first-half operating profit rose 7.1 percent from a year ago to 2.53 billion euros ($2.95 billion), while revenue increased by 4 percent to 13.41 billion euros. L'Oreal sold The Body Shop earlier this year and it said the earnings boost from that disposal, along with its first-half results, made it well placed for the rest of 2017.
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton said net profit in the first half of the year jumped 24%, fueled by strong sales across its portfolio of dozens of brands.