| Hugo Boss AG (DE000A1PHFF7) | |||
41,68 EURStand (close): 30.07.25 |
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| 17.06.25 20:05:00 | Perfect Moment Reports Preliminary Fiscal Q4 and Full Year Results |  |
| Company Marks Beginning of Transformation with Structural Changes for Scale LONDON, June 17, 2025--(BUSINESS WIRE)--Perfect Moment Ltd. (NYSE American: PMNT), the high-performance luxury skiwear and lifestyle brand, reported preliminary unaudited financial results for its fiscal fourth quarter and year ended March 31, 2025. Despite broader market softness impacting luxury apparel, in the fourth fiscal quarter Perfect Moment is expected to deliver a 2.6% increase in revenue to $5.0 million. For the full year, revenue is expected to decline 12% to $21.4 million. However, excluding the Hugo Boss collaboration which ended in fiscal 2024, revenue rose an estimated 1% year-over-year. Revenue was lower in part due to one of the company’s largest wholesale customers, Matches Fashion, filing for bankruptcy. Alongside increased investment in leadership, infrastructure, and brand positioning, this adversely impacted operating results. As a result, the company expects to report a net loss of approximately $16.0 million for FY25. "This past year has been one of consolidation and transformation," stated Perfect Moment chairman, Max Gottschalk. "We’ve taken decisive steps to meaningfully upgrade our management team, address inefficiencies and instill a culture of operational discipline. I’m extremely excited about the trajectory we are now on—and this is just the beginning." Under the new senior leadership, including key hires from Canada Goose, LVMH, and Timberland, the company is executing a renewed strategy focused on profitability and building long-term brand equity. While still in the early stages, these efforts have already begun to bear fruit: Record Wholesale Order Book: Perfect Moment has secured over $12.7 million in wholesale pre-orders for the Autumn/Winter 2025 season—a 30% increase from the prior year and the highest in company history (excluding collaborations). Sales Force Expansion: Five new regional agencies were signed and 50 new accounts have been opened globally since September. Margin Expansion and Operating Cost Savings: Major efficiency programs were implemented, including the launch of U.S. and European distribution hubs and improved logistics, resulting in reduced duties and costs. Reduced Discounting: Improved full-price sell-through and reduced reliance on promotions, demonstrating increasing pricing power and strong consumer demand. "Since I joined Perfect Moment in February, we’ve made rapid progress in laying the foundation for long-term, profitable growth," noted company CFO and COO, Chath Weerasinghe. "Our ability to increase orders, improve margins, and grow our global presence despite the macroeconomic headwinds is a testament to the strength of our brand and the capabilities of our new leadership team." Story Continues Perfect Moment also reported exceptional growth in digital engagement and brand visibility—further reinforcing the brand’s positioning as a global luxury icon well ahead of its current revenue base: 934M+ Social Audience Reached: Content posted by celebrities, fashion models, and global influencers (KOLs) organically reached more than 934 million people in FY25, reinforcing Perfect Moment’s status in the cultural zeitgeist. 16.6 Billion+ Monthly Unique Visitors (UVPM): Global digital media coverage drove more than 16.6 billion monthly unique visitors aggregated over a 12-month period, a 108% year-over-year increase and placing Perfect Moment on par with leading global lifestyle brands such as Apple and Nike. Social Media Growth: Followers across Instagram, Facebook, and TikTok exceeded 440,000, a 15% YoY increase, highlighting Perfect Moment’s growing community of highly engaged customers and advocates. Fiscal 2025 also included a successful high-profile collaboration with Diageo’s Johnnie Walker Blue Label and the recently announced BWT Alpine Formula 1 Team which elevate the company’s brand prestige across the performance and fashion spheres. Looking ahead, the company plans to further expand beyond ski into year-round luxury outerwear and accessories, addressing a $30 billion+ global market that is growing at a 6.7% CAGR. "Our strategy is clear: to expand from slope to après, blending technical performance with fashion-led design across seasons," said Jane Gottschalk, president and chief creative officer. "We have built a community, not just a customer base, and we are ready to take our brand to the next level." Perfect Moment plans to issue its FY25 audited results before the end of the month. About Perfect Moment LTD Perfect Moment is a high-performance luxury skiwear and lifestyle brand that blends technical excellence with fashion-forward designs, creating pieces that effortlessly transition from the slopes to the city, the beach, and beyond. The brand was born in 1984 in the mountains of Chamonix, France, as the vision of extreme sports filmmaker and professional skier, Thierry Donard. The brand has been built on a sense of adventure which it has sustained for more than 40 years. Fueled by his personal experiences, Donard was driven by a desire to create pieces that offered quality, style and performance, pushing the wearer in the pursuit of every athlete’s dream: to experience ‘The Perfect Moment.’ In 2012, British-Swiss entrepreneurial couple Jane and Max Gottschalk took ownership of the brand. Under Jane’s creative direction, Perfect Moment was injected with a new style focus, one that reignited the spirit of the heritage brand, along with a commitment to improving fit, performance and the use of best-in-class functional materials. As such, the designs evolved into distinct statement pieces synonymous with the brand as we know it today. Today, the brand is available globally, online and at major retailers, including MyTheresa, Net-a-Porter, Harrods, Selfridges, Saks, Bergdorf Goodman and Neiman Marcus. Learn more at www.perfectmoment.com. Definition of Key Opinion Leaders (KOLs) The company defines a key opinion leader (KOL) as a person who is considered an expert on a certain topic and whose opinions are respected by the public due to their trajectory and the reputation they have built. They are typically identified by their reach, social media following and stature. KOL may include but is not limited to celebrities, social media influencers, fashion models, contributors to media publications, and noted members of the fashion industry. There is no official listing or accreditation of KOLs, so the term is subjective, and therefore the list and definition may vary from company to company. The source of the KOLs, social media and audience reach statistics provided in this release are reports by the company’s public relations firm. No reliance should be made upon their accuracy or timeliness. Forward-looking Statements The results reported in this press release are preliminary and unaudited and are subject to change. The company has not yet completed its annual financial close process for the fiscal 2025 fourth quarter and full fiscal year, and its independent auditors have not completed their audit of the company’s financial statements for the full fiscal year ended March 31, 2025. The financial results in this earnings report do not present all necessary information for an understanding of the company’s results of operations for the fiscal 2025 fourth quarter and full fiscal year. As the company completes its financial close process and finalizes its financial statements, and as its independent auditors complete their review of the company’s financial statements for the fiscal year ended March 31, 2025, it is possible the company may identify items that require adjustments to the preliminary financial information set forth in this press release, and those changes could be material. The company does not intend to update such financial information prior to the filing of its Annual Report on Form 10-K with the Securities and Exchange Commission (the "SEC") for the fiscal year ended March 31, 2025, except as otherwise required by law. This release contains forward-looking statements that relate to expectations or forecasts of future events. Forward-looking statements may be identified by the use of words such as "expect", "anticipate", "believe", "may", "will" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include statements relating to our use of proceeds from the transaction. Forward-looking statements are based on current expectations that are subject to known and unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from expectations expressed or implied by such forward-looking statements. These factors include, but are not limited to, risks and uncertainties described in the company’s filings with the Securities and Exchange Commission, including Item 1A (Risk Factors) of the company’s Form 10-K for the year ended March 31, 2024 and its subsequently filed periodic reports. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Although it may voluntarily do so from time to time, the company undertakes no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. View source version on businesswire.com: https://www.businesswire.com/news/home/20250617134484/en/ Contacts Company Contact Julie Robinson, Brand Director Perfect Moment Tel +44 7595178702 Email contact Investor Contact CMA Investor Relations Tel (949) 432-7554 Email contact View Comments |
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| 07.05.25 07:02:45 | Hugo Boss AG (BOSSY) Q1 2025 Earnings Call Highlights: Resilience Amidst Global Challenges | |
| Revenue: Group sales reached nearly EUR 1 billion, limited to a 2% decline. EBIT: EUR 61 million, with a 12% decline, resulting in an EBIT margin of 6.1%. Gross Margin: Stable at 61.4%. Operating Expenses: Flat year over year. Marketing Investments: Increased by 3%, amounting to 7.9% of sales. EBITDA Margin: Stable at 15.2%. Earnings Per Share: EUR 0.51, down 8% from the prior year period. Free Cash Flow: Minus EUR 66 million in Q1. Inventory: Increased by 5% year over year, standing at 25.1% of sales. Digital Sales: Up 4%, driven by partner revenues. Brick-and-Mortar Retail: Declined by 4%. Wholesale Revenue: Declined by 3%, with total wholesale showing solid growth. Regional Performance: EMEA sales declined by 1%, Americas down 1%, Asia Pacific down 8%. Warning! GuruFocus has detected 4 Warning Signs with CLPBF. Release Date: May 06, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Hugo Boss AG (BOSSY) exceeded market expectations on both revenues and earnings, showcasing the strength and resilience of its business model. The company maintained a stable gross margin of 61.4% in Q1 2025, supported by efficiency gains in sourcing and reduced air freight share. Hugo Boss AG's strategic partnership with David Beckham has generated strong media reach and strengthened brand appeal, contributing to above-average sales through rates. Digital sales increased by 4%, driven by revenues generated with partners, indicating a robust online presence. The company has a globally diversified sourcing structure, reducing dependency on China and enhancing supply chain resilience. Negative Points Revenues in the Asia Pacific region declined by 8%, with subdued consumer confidence in China impacting demand. Brick-and-mortar retail sales declined by 4% due to reduced mall and store traffic, particularly in the US and China. The company's EBIT declined by 12% to EUR61 million, with an EBIT margin down 70 basis points to 6.1%. Free cash flow was negative at minus EUR66 million in Q1, reflecting lower EBIT and higher inventory positions. The macroeconomic environment remains uncertain, with geopolitical tensions and trade restrictions posing significant challenges. Q & A Highlights Q: Can you provide insights on top-line trends in April and the impact of Easter timing on wholesale shipments? A: We don't comment on monthly performance in detail, but trends deteriorated in February and improved in March across all channels. We are operating in a volatile environment but remain in line with our guidance. Regarding OpEx, we focus on sustainable cost efficiencies, and flat OpEx in Q1 reflects structural discipline. We expect to maintain this trend despite a tougher comparison base in H2. Story Continues Q: Regarding the US market, would you consider leading with price increases due to tariffs, or wait for American brands to act first? Also, is BOSS performing better than other brands in the US? A: The US market is pressured with reduced traffic in malls and outlets. We are evaluating price increases to offset tariff impacts but will proceed strategically to maintain brand value. BOSS has been gaining market share in the US, becoming our largest market in 2023. Despite macroeconomic challenges, our brand momentum, supported by campaigns like Beckham's, remains strong. Q: Can you update us on your wholesale order books and expectations for gross margin in 2025? A: We have a solid order intake for 2025 with no significant cancellations, indicating optimism for the year. For gross margin, we expect improvements driven by sourcing efficiencies and reduced air freight. Promotional activity remains elevated, but we anticipate sourcing efficiencies to support margin improvements throughout the year. Q: How does the David Beckham partnership differ from previous collaborations, and are there plans for a similar initiative in womenswear? A: The Beckham partnership is globally impactful, boosting sales and brand image significantly, especially in underwear and suits. While we focus on this campaign, we are exploring similar opportunities in womenswear, though finding a comparable female partner is challenging. Q: Can you comment on the performance of different consumer clusters by nationality and changes since Q4? A: Chinese consumer softness persists, impacting domestic performance. US tourist traffic is down, but US tourists in Europe remain steady. No major changes in consumer trends from Q4, with some weakness in the Chinese consumer segment. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. View Comments |
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| 06.05.25 05:47:34 | Fashion retailer Hugo Boss posts Q1 beat, reiterates 2025 outlook | |
| By Ozan Ergenay (Reuters) -German fashion group Hugo Boss reported better-than-expected quarterly results on Tuesday and maintained its full-year forecast despite increased macroeconomic uncertainties. The company posted first-quarter revenue of 999 million euros ($1.13 billion), slightly below the 1.01 billion euros a year earlier, but above analysts' forecast of 974 million euros, a company-provided poll showed. Despite U.S. tariff concerns, it said it expects 2025 group sales to remain broadly in line with the prior year, ranging between 4.2 billion euros and 4.4 billion euros. Earnings before interest and taxes for the first quarter came in at 61 million euros, compared to analysts' expectations of 50 million euros in a company-provided poll. The premium fashion retailer's shares rose 8.4%, topping Germany's mid-cap index. They have, however, fallen 11.7% year-to-date. "Although we note that the demand outlook remains uncertain, we are encouraged by a better performance in March vs January/February," RBC analysts said. Hugo Boss said in a statement that subdued global consumer sentiment continues to weigh on the fashion sector due to over U.S. tariff uncertainty. RBC, however, believes the company appears well positioned to weather the potential impact of tariffs "given its well diversified sourcing exposure." CEO Daniel Grieder in a conference call with journalists said "It's difficult to make a clear, conclusive assessment and the discussions suggest that consumer confidence in the U.S. has certainly diminished, but I believe that can change every day, and we're prepared for that. We're trying to respond actively but also flexibly to the given circumstances." Luxury groups have struggled with tighter consumer spending due to slowing demand for fashion and accessories, particularly in the U.S. and China. ($1 = 0.8836 euros) (Reporting by Ozan Ergenay in Gdansk; Editing by Savio D'Souza and Sonia Cheema) View Comments |
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| 04.04.25 06:29:44 | Hugo Boss (ETR:BOSS) Will Pay A Larger Dividend Than Last Year At €1.40 | |
| Hugo Boss AG (ETR:BOSS) has announced that it will be increasing its dividend from last year's comparable payment on the 20th of May to €1.40. This makes the dividend yield 4.2%, which is above the industry average. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Hugo Boss' Payment Could Potentially Have Solid Earnings Coverage We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. Based on the last payment, Hugo Boss was quite comfortably earning enough to cover the dividend. This means that a large portion of its earnings are being retained to grow the business. Looking forward, earnings per share is forecast to rise by 41.6% over the next year. Assuming the dividend continues along recent trends, we think the payout ratio could be 26% by next year, which is in a pretty sustainable range.XTRA:BOSS Historic Dividend April 4th 2025 View our latest analysis for Hugo Boss Dividend Volatility Although the company has a long dividend history, it has been cut at least once in the last 10 years. The dividend has gone from an annual total of €3.62 in 2015 to the most recent total annual payment of €1.40. This works out to be a decline of approximately 9.1% per year over that time. Generally, we don't like to see a dividend that has been declining over time as this can degrade shareholders' returns and indicate that the company may be running into problems. Hugo Boss May Find It Hard To Grow The Dividend Given that dividend payments have been shrinking like a glacier in a warming world, we need to check if there are some bright spots on the horizon. However, Hugo Boss' EPS was effectively flat over the past five years, which could stop the company from paying more every year. The company has been growing at a pretty soft 0.8% per annum, and is paying out quite a lot of its earnings to shareholders. This isn't bad in itself, but unless earnings growth pick up we wouldn't expect dividends to grow either. Our Thoughts On Hugo Boss' Dividend Overall, this is a reasonable dividend, and it being raised is an added bonus. The payout ratio looks good, but unfortunately the company's dividend track record isn't stellar. The payment isn't stellar, but it could make a decent addition to a dividend portfolio. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. However, there are other things to consider for investors when analysing stock performance. For instance, we've picked out 1 warning sign for Hugo Boss that investors should take into consideration. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 20.03.25 04:38:53 | Hugo Boss (ETR:BOSS) Will Pay A Larger Dividend Than Last Year At €1.40 | |
| The board of Hugo Boss AG (ETR:BOSS) has announced that it will be paying its dividend of €1.40 on the 20th of May, an increased payment from last year's comparable dividend. This will take the dividend yield to an attractive 3.7%, providing a nice boost to shareholder returns. Check out our latest analysis for Hugo Boss Hugo Boss' Future Dividend Projections Appear Well Covered By Earnings While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Prior to this announcement, Hugo Boss' dividend was comfortably covered by both cash flow and earnings. This means that a large portion of its earnings are being retained to grow the business. The next year is set to see EPS grow by 42.1%. If the dividend continues on this path, the payout ratio could be 27% by next year, which we think can be pretty sustainable going forward.XTRA:BOSS Historic Dividend March 20th 2025 The end of cancer? These 15 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. Dividend Volatility While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. Since 2015, the dividend has gone from €3.62 total annually to €1.40. The dividend has shrunk at around 9.1% a year during that period. A company that decreases its dividend over time generally isn't what we are looking for. Dividend Growth May Be Hard To Achieve Given that the track record hasn't been stellar, we really want to see earnings per share growing over time. Hugo Boss hasn't seen much change in its earnings per share over the last five years. Growth of 0.8% may indicate that the company has limited investment opportunity so it is returning its earnings to shareholders instead. While this isn't necessarily a negative, it definitely signals that dividend growth could be constrained in the future unless earnings start to pick up again. In Summary Overall, it's great to see the dividend being raised and that it is still in a sustainable range. While the payout ratios are a good sign, we are less enthusiastic about the company's dividend record. Taking all of this into consideration, the dividend looks viable moving forward, but investors should be mindful that the company has pushed the boundaries of sustainability in the past and may do so again. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Taking the debate a bit further, we've identified 1 warning sign for Hugo Boss that investors need to be conscious of moving forward. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 19.03.25 04:15:52 | Hugo Boss' (ETR:BOSS) Soft Earnings Are Actually Better Than They Appear |  |
| Shareholders appeared unconcerned with Hugo Boss AG's (ETR:BOSS) lackluster earnings report last week. We think that the softer headline numbers might be getting counterbalanced by some positive underlying factors. View our latest analysis for Hugo Boss XTRA:BOSS Earnings and Revenue History March 19th 2025 Examining Cashflow Against Hugo Boss' Earnings One key financial ratio used to measure how well a company converts its profit to free cash flow (FCF) is the accrual ratio. The accrual ratio subtracts the FCF from the profit for a given period, and divides the result by the average operating assets of the company over that time. You could think of the accrual ratio from cashflow as the 'non-FCF profit ratio'. That means a negative accrual ratio is a good thing, because it shows that the company is bringing in more free cash flow than its profit would suggest. While it's not a problem to have a positive accrual ratio, indicating a certain level of non-cash profits, a high accrual ratio is arguably a bad thing, because it indicates paper profits are not matched by cash flow. Notably, there is some academic evidence that suggests that a high accrual ratio is a bad sign for near-term profits, generally speaking. Over the twelve months to December 2024, Hugo Boss recorded an accrual ratio of -0.17. Therefore, its statutory earnings were very significantly less than its free cashflow. Indeed, in the last twelve months it reported free cash flow of €498m, well over the €213.5m it reported in profit. Hugo Boss' free cash flow improved over the last year, which is generally good to see. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Our Take On Hugo Boss' Profit Performance Happily for shareholders, Hugo Boss produced plenty of free cash flow to back up its statutory profit numbers. Based on this observation, we consider it possible that Hugo Boss' statutory profit actually understates its earnings potential! And on top of that, its earnings per share have grown at 55% per year over the last three years. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. If you want to do dive deeper into Hugo Boss, you'd also look into what risks it is currently facing. While conducting our analysis, we found that Hugo Boss has 1 warning sign and it would be unwise to ignore this. Story Continues Today we've zoomed in on a single data point to better understand the nature of Hugo Boss' profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 15.03.25 08:16:34 | €45.30: That's What Analysts Think Hugo Boss AG (ETR:BOSS) Is Worth After Its Latest Results | |
| It's been a mediocre week for Hugo Boss AG (ETR:BOSS) shareholders, with the stock dropping 13% to €36.90 in the week since its latest yearly results. It was a credible result overall, with revenues of €4.3b and statutory earnings per share of €3.09 both in line with analyst estimates, showing that Hugo Boss is executing in line with expectations. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. See our latest analysis for Hugo Boss XTRA:BOSS Earnings and Revenue Growth March 15th 2025 Taking into account the latest results, Hugo Boss' 17 analysts currently expect revenues in 2025 to be €4.37b, approximately in line with the last 12 months. Statutory earnings per share are predicted to step up 13% to €3.49. In the lead-up to this report, the analysts had been modelling revenues of €4.43b and earnings per share (EPS) of €3.65 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts. It might be a surprise to learn that the consensus price target fell 5.4% to €45.30, with the analysts clearly linking lower forecast earnings to the performance of the stock price. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Hugo Boss at €74.00 per share, while the most bearish prices it at €34.00. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that Hugo Boss' revenue growth is expected to slow, with the forecast 1.4% annualised growth rate until the end of 2025 being well below the historical 15% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 7.5% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Hugo Boss. Story Continues The Bottom Line The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Hugo Boss' revenue is expected to perform worse than the wider industry. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business. Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Hugo Boss analysts - going out to 2027, and you can see them free on our platform here. Even so, be aware that Hugo Boss is showing 1 warning sign in our investment analysis, you should know about... Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 14.03.25 07:02:08 | Hugo Boss AG (BOSSY) Q4 2024 Earnings Call Highlights: Record Sales Amidst Market Challenges | |
| Revenue: Group sales reached a record EUR4.3 billion, a 3% increase. EBIT: EUR361 million, with an EBIT margin of 8.4%. Gross Margin: Improved by 30 basis points to 61.8%. Net Income: EUR213 million, resulting in earnings per share of EUR3.09. Free Cash Flow: EUR497 million, marking a substantial increase from the prior year. Digital Sales: Account for 20% of group sales, with a 6% increase. Americas Revenue Growth: 8% increase, with high single-digit growth in the US. EMEA Revenue Growth: 3% increase, led by improvements in Germany. Asia Pacific Sales: Declined by 2%, with low-teens decline in China. Operating Expenses: Increased by 6%, with a focus on cost efficiency. Dividend Proposal: EUR1.40 per share, a EUR0.05 increase from the prior year. Warning! GuruFocus has detected 3 Warning Signs with BOSSY. Release Date: March 13, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Hugo Boss AG (BOSSY) achieved record group sales of EUR4.3 billion in 2024, despite a challenging market environment. The company successfully executed its CLAIM 5 strategy, enhancing brand relevance and achieving above-market growth. Hugo Boss AG (BOSSY) improved its gross margin by 30 basis points to 61.8% in 2024, supported by sourcing efficiency and reduced air freight usage. The company's digital business continued to grow, with sales up 6%, now accounting for 20% of group sales. Hugo Boss AG (BOSSY) reported a substantial increase in free cash flow to EUR497 million, reflecting strong cash generation capabilities. Negative Points The global market environment deteriorated, impacting consumer demand and leading to a slowdown in industry growth. Sales in Asia Pacific declined by 2% year over year, with significant challenges in the Chinese market. Operating expenses increased by 6% in 2024, driven by inflationary pressures and higher retail-related impairments. Net income after minorities declined by 17% to EUR213 million, resulting in a decrease in earnings per share. The company anticipates a muted first-quarter performance in 2025, with challenges in key markets such as the US and China. Q & A Highlights Q: Can you provide more color on regional trends, particularly in key markets like Germany and the UK, and any softening trends since the start of the year? A: Yves Mueller, CFO, noted that current trends are weaker than the bottom end of guidance, with a mid-single-digit decline in the first two months, primarily in the US and China. This is attributed to lower consumer sentiment and store traffic. In Europe, trends are slightly better than in the US and China, but still reflect global uncertainties. Story Continues Q: Could you update us on the wholesale forward order books and the response to the upcoming David Beckham capsule? A: Yves Mueller stated that the wholesale order books are stable, with mid-single-digit growth expected. The company is pleased with the performance and market share gains in 2024, and the David Beckham capsule has received positive feedback from wholesale partners. Q: What are the scenarios for the low versus high end of your guidance, and any thoughts on capital allocation, including potential share buybacks? A: Yves Mueller explained that the guidance reflects current conditions, with potential for improvement if the situation changes. The company has a strong balance sheet and is considering share buybacks. Daniel Grieder added that while M&A is not a priority, they remain open to opportunities. Q: Can you discuss the potential for growth in womenswear, given its current share of group sales? A: Daniel Grieder highlighted that womenswear remains a significant opportunity, with improvements seen in 2024. The focus is on sustainable growth, particularly in the US, with a cautious approach to avoid rushing into expansion. Q: How do you view the traffic versus conversion trends, and what are your assumptions for 2025? A: Yves Mueller noted that while traffic was down, conversion and net sales per transaction were up, a trend expected to continue in 2025. The company assumes stable space contributions and no price increases in their guidance. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. View Comments |
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| 14.03.25 04:00:56 | Hugo Boss Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line | |
| Hugo Boss (ETR:BOSS) Full Year 2024 Results Key Financial Results Revenue: €4.31b (up 2.6% from FY 2023). Net income: €213.5m (down 17% from FY 2023). Profit margin: 5.0% (down from 6.2% in FY 2023). The decrease in margin was driven by higher expenses. EPS: €3.09 (down from €3.74 in FY 2023).XTRA:BOSS Earnings and Revenue Growth March 14th 2025 All figures shown in the chart above are for the trailing 12 month (TTM) period Hugo Boss Revenues Beat Expectations Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) was mostly in line with analyst estimates. Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Performance of the market in Germany. The company's shares are down 16% from a week ago. Risk Analysis Before you take the next step you should know about the 1 warning sign for Hugo Boss that we have uncovered. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 13.03.25 12:32:00 | Hugo Boss Warns of Lingering Uncertainty Amid Weak Consumer Sentiment | |
| The apparel company said subdued consumer sentiment and muted store traffic have hurt its performance in the year so far, warning that it expects market uncertainty to persist. Continue Reading View Comments |
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