Hugo Boss exceeds expectations on first quarter

The Hugo Boss fashion group announced its quarterly results on Tuesday, May 5th, which favourably went beyond expectations. Its turnover, although down, fell less steeply than predicted by analysts.


The company posted earnings per share (EPS) of 0.95 euros for sales of 555 million euros. The analysts surveyed by expected EPS of -0.16 euros for sales of 543.45 million euros.


This is a smaller decline than expected, but still reflecting an operating loss of €14 million for the first three months of 2020, compared to a profit of €57 million a year earlier.

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Featured photo : © Hugo Boss


The editorial team
The editorial team
Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

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