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Hugo Boss FY preliminary results beat own guidance

(Reuters) - Hugo Boss on Tuesday reported a double-digit rise in preliminary full-year sales and earnings, slightly ahead of its own guidance, citing ongoing solid demand after a...
Hugo Boss FY preliminary results beat own guidance © Reuters. Shirts and ties are on display in the Hugo Boss section in the Central Universal Department Store (TsUm) in Kiev, Ukraine May 17, 2017. REUTERS/Valentyn Ogirenko/Files

(Reuters) - Hugo Boss on Tuesday reported a double-digit rise in preliminary full-year sales and earnings, slightly ahead of its own guidance, citing ongoing solid demand after a brand revamp during 2022.

Currency-adjusted sales in 2022 rose 27% to a record level of 3.65 billion euros ($3.95 billion), the company said in a statement, while its operating profit (EBIT) increased 47% to 335 million euros.

The German fashion house had previously forecast sales in a range of 3.5 billion and 3.6 billion euros, with an increase in EBIT between 35% and 45%.

"Overall the buyside was already sitting ahead of Hugo Boss guidance," J.P. Morgan analyst Chiara Battistini wrote in a note, adding she would not expect to see further strength in the shares on Tuesday.

The stock was down 0.5% in early Frankfurt trade.

Hugo Boss said it would publish its final results for 2022 and its outlook for 2023 on March 9.

($1 = 0.9248 euros)

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31-03-2023 10:41:31 (UTC+7)

EUR/USD

1.0901

0.0000 (0.00%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (9)

EUR/USD

1.0901

0.0000 (0.00%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (9)

GBP/USD

1.2391

+0.0008 (+0.06%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (9)

USD/JPY

132.91

+0.26 (+0.20%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (6)

Sell (0)

AUD/USD

0.6716

+0.0009 (+0.14%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (5)

USD/CAD

1.3526

+0.0006 (+0.04%)

Summary

↑ Buy

Moving Avg:

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EUR/JPY

144.90

+0.29 (+0.20%)

Summary

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EUR/CHF

0.9963

+0.0009 (+0.09%)

Summary

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Gold Futures

1,998.55

+0.85 (+0.04%)

Summary

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Silver Futures

24.043

+0.054 (+0.23%)

Summary

↑ Sell

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Copper Futures

4.0880

-0.0235 (-0.57%)

Summary

↑ Sell

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Crude Oil WTI Futures

74.34

-0.03 (-0.04%)

Summary

↑ Buy

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Indicators:

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Brent Oil Futures

78.45

-0.15 (-0.19%)

Summary

Neutral

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Natural Gas Futures

2.100

-0.003 (-0.14%)

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US Coffee C Futures

170.15

+0.45 (+0.27%)

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Sell

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Euro Stoxx 50

4,285.42

+54.15 (+1.28%)

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Indicators:

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S&P 500

4,050.83

+23.02 (+0.57%)

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DAX

15,522.40

+193.62 (+1.26%)

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FTSE 100

7,620.43

+56.16 (+0.74%)

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Hang Seng

20,507.00

+197.87 (+0.97%)

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US Small Cap 2000

1,768.38

-3.22 (-0.18%)

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IBEX 35

9,207.10

+136.40 (+1.50%)

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BASF SE NA O.N.

47.900

+0.720 (+1.53%)

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↑ Buy

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Bayer AG NA

57.78

+0.51 (+0.89%)

Summary

↑ Buy

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Allianz SE VNA O.N.

211.80

+2.45 (+1.17%)

Summary

↑ Buy

Moving Avg:

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Adidas AG

155.00

+8.58 (+5.86%)

Summary

Sell

Moving Avg:

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Buy (1)

Sell (6)

Deutsche Lufthansa AG

9.950

+0.303 (+3.14%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (4)

Sell (4)

Siemens AG Class N

148.52

+2.22 (+1.52%)

Summary

↑ Buy

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Indicators:

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Deutsche Bank AG

9.289

+0.146 (+1.60%)

Summary

Neutral

Moving Avg:

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Sell (8)

Indicators:

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Sell (1)

 EUR/USD1.0901↑ Sell
 GBP/USD1.2391↑ Sell
 USD/JPY132.91Neutral
 AUD/USD0.6716Neutral
 USD/CAD1.3526↑ Buy
 EUR/JPY144.90↑ Sell
 EUR/CHF0.9963↑ Sell
 Gold1,998.55↑ Sell
 Silver24.043↑ Sell
 Copper4.0880↑ Sell
 Crude Oil WTI74.34↑ Buy
 Brent Oil78.45Neutral
 Natural Gas2.100↑ Buy
 US Coffee C170.15Sell
 Euro Stoxx 504,285.42↑ Sell
 S&P 5004,050.83↑ Buy
 DAX15,522.40↑ Sell
 FTSE 1007,620.43↑ Sell
 Hang Seng20,507.00↑ Sell
 Small Cap 20001,768.38↑ Sell
 IBEX 359,207.10↑ Sell
 BASF47.900↑ Buy
 Bayer57.78↑ Buy
 Allianz211.80↑ Buy
 Adidas155.00Sell
 Lufthansa9.950Neutral
 Siemens AG148.52↑ Buy
 Deutsche Bank AG9.289Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,645/ 6,685
(5/ 5) # 1,043
SJC HCM6,645/ 6,705
(15/ 15) # 1,063
SJC Hanoi6,645/ 6,707
(15/ 15) # 1,065
SJC Danang6,645/ 6,707
(15/ 15) # 1,065
SJC Nhatrang6,645/ 6,707
(15/ 15) # 1,065
SJC Cantho6,645/ 6,707
(15/ 15) # 1,065
Cập nhật 31-03-2023 10:41:34
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Sản phẩmVùng 1Vùng 2
RON 95-V23.96024.430
RON 95-III23.03023.490
E5 RON 92-II22.02022.460
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WTI$74.36+0.070.09%
Brent$78.40+0.120.15%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.270,0023.640,00
EUR24.941,3326.337,92
GBP28.339,4029.547,82
JPY171,09181,13
KRW15,6519,06
Cập nhật lúc 10:35:49 31/03/2023
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