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Hugo Boss Q3 Profit Falls, But Sales Edge Up; Confirms Full-year Outlook

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Hugo Boss AG (HUGSF.PK), a German luxury fashion company, Tuesday reported earnings before taxes of 78 million euros for the third quarter, lower than 88 million euros in the same quarter a year ago.

Net income declined to 55 million euros or 0.79 euros per share from 63 million euros or 0.91 euros per share last year.

Operating income dropped 7 percent to 95 million euros from 103 million euros a year ago.

Sales for the quarter were 1.029 billion euros, up from 1.027 billion euros reported last year.

Looking ahead, the company has confirmed its full-year outlook.

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