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Hugo Boss Shares Surge 8% Following Better-Than-Expected Q1 Results

The luxury retailer reported a 2% sales decline and a 12% drop in EBIT but outperformed analyst forecasts, reaffirming its cautious 2025 outlook.

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Overview

  • Hugo Boss's Q1 2025 organic sales fell 2% year-on-year to €999 million, slightly exceeding market expectations.
  • EBIT dropped 12% to €61 million, outperforming analyst forecasts of €50 million, as cost controls and efficiencies mitigated challenges.
  • Sales in the Asia-Pacific region declined 8%, with particularly subdued demand in China, while Japan saw double-digit growth.
  • Revenue in the Americas fell 1%, driven by weaker U.S. demand, though Latin America achieved double-digit growth.
  • The company maintained its 2025 guidance, expecting flat sales between €4.2–4.4 billion and EBIT growth of 5–22%, despite global economic uncertainty.