Hugo Boss (BOSSY) Expected to Announce Quarterly Earnings on Thursday

Hugo Boss (OTCMKTS:BOSSY) is expected to be announcing its results before the market opens on Thursday, March 12th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $1.1990 billion for the quarter.

Hugo Boss Stock Performance

Shares of BOSSY opened at $8.61 on Thursday. The stock has a 50 day simple moving average of $8.52 and a 200 day simple moving average of $8.98. Hugo Boss has a 52-week low of $6.92 and a 52-week high of $10.21. The firm has a market capitalization of $2.97 billion, a PE ratio of 11.95 and a beta of 0.62.

Wall Street Analysts Forecast Growth

BOSSY has been the subject of several research analyst reports. Kepler Capital Markets upgraded shares of Hugo Boss to a “hold” rating in a report on Monday, December 8th. Royal Bank Of Canada cut shares of Hugo Boss from an “outperform” rating to a “sector perform” rating in a research report on Monday, January 26th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, 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.