Investing.com - Hugo Boss AG reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Hugo Boss AG announced earnings per share of €1.19 on revenue of €1.65B. Analysts polled by Investing.com anticipated EPS of €0.6867 on revenue of €847.98M.
Hugo Boss AG shares are up 3% from the beginning of the year, still down 3.10% from its 52 week high of €59.98 set on November 17, 2021. They are outperforming the STOXX 600 which is down 10.15% from the start of the year.
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 July 28, who reported EPS of €7.46 on revenue of €69.54B, compared to forecasts EPS of €4.19 on revenue of €64.98B.
Volkswagen VZO had beat expectations on July 28 with second quarter EPS of €7.46 on revenue of €69.54B, compared to forecast for EPS of €4.19 on revenue of €64.98B.
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