Hugo Boss AG earnings, Revenue beat in Q1

  • Investing.com
Hugo Boss AG earnings, Revenue beat in Q1

Investing.com - Hugo Boss AG reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Hugo Boss AG announced earnings per share of €0.35 on revenue of €772M. Analysts polled by Investing.com anticipated EPS of €0.21 on revenue of €711.61M.

Hugo Boss AG shares are down 2% from the beginning of the year and are trading at €52.200 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 8.96% year to date.

Hugo Boss AG shares lost 3.12% in intra-day trade the report.

Hugo Boss AG follows other major Consumer Discretionary sector earnings this month

Hugo Boss AG's report follows an earnings beat by Volkswagen ST on Wednesday, who reported EPS of €13.05 on revenue of €62.74B, compared to forecasts EPS of €8.58 on revenue of €61.55B.

Volkswagen VZO had beat expectations on Wednesday with first quarter EPS of €13.05 on revenue of €62.74B, compared to forecast for EPS of €8.58 on revenue of €61.55B.

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