Investing.com - Hugo Boss AG reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Hugo Boss AG announced earnings per share of €-0.30 on revenue of €497.0M. Analysts polled by Investing.com anticipated EPS of €-0.1402 on revenue of €440.86M.
Hugo Boss AG shares are up 21.76% from the beginning of the year, still down 3.01% from its 52 week high of €41.19 set on May 5. They are outperforming the S&P/ASX 200 which is up 7.22% from the start of the year.
Hugo Boss AG follows other major Consumer Cyclical sector earnings this month
Hugo Boss AG's report follows an earnings beat by Daimler on April 23, who reported EPS of €4.01 on revenue of €41.02B, compared to forecasts EPS of €3.07 on revenue of €40.45B.
Puma SE had beat expectations on April 28 with first quarter EPS of €0.73 on revenue of €1.55B, compared to forecast for EPS of €0.5882 on revenue of €1.47B.
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