Hugo Boss AG earnings, Revenue miss in Q2

  • Investing.com
Hugo Boss AG earnings, Revenue miss in Q2

Investing.com - Hugo Boss AG reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Hugo Boss AG announced earnings per share of €-2.69 on revenue of €275M. Analysts polled by Investing.com anticipated EPS of €-1.39 on revenue of €300.96M.

Hugo Boss AG shares are down 48% from the beginning of the year and are trading at €22.250 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 12.63% year to date.

Hugo Boss AG shares lost 3.85% in intra-day trade the report.

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

Hugo Boss AG's report follows an earnings beat by Volkswagen ST on Tuesday, July 28, 2020, who reported EPS of €-3.23 on revenue of €41.08B, compared to forecasts EPS of €-3.69 on revenue of €41.19B.

Volkswagen VZO had beat expectations on Tuesday, July 28, 2020 with second quarter EPS of €-3.23 on revenue of €41.08B, compared to forecast for EPS of €-3.69 on revenue of €41.19B.

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