Hugo Boss (0Q8F) 주식 개요휴고보스 AG는 자회사와 함께 전 세계 남성과 여성을 위한 의류, 신발 및 액세서리를 제공합니다. 자세히 보기0Q8F 펀더멘털 분석스노우플레이크 점수가치 평가5/6미래 성장1/6과거 실적4/6재무 건전성5/6배당0/6강점공정 가치 추정치보다 낮은 46.3% 에서 거래수익은 매년 4.54% 증가할 것으로 예상됩니다.지난 1년간 수익이 10% 증가했습니다.동종업계 및 업계 대비 좋은 가치로 거래위험 분석우리의 위험 점검에서 0Q8F에 대한 위험이 감지되지 않았습니다.모든 위험 점검 보기0Q8F Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW490,450 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG490,450 investors already sharing narrativesYour Fair Value€Current Price€37.8783.1% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-211m4b2016201920222025202620282031Revenue €4.4bEarnings €246.6mAdvancedSet Fair ValueView all narrativesHugo Boss AG 경쟁사Burberry GroupSymbol: LSE:BRBYMarket cap: UK£3.8bCoats GroupSymbol: LSE:COAMarket cap: UK£1.5bSosandarSymbol: AIM:SOSMarket cap: UK£25.6mBellwaySymbol: LSE:BWYMarket cap: UK£2.2b가격 이력 및 성과Hugo Boss 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가€37.8752주 최고가€44.0852주 최저가€33.87베타0.661개월 변동-1.81%3개월 변동0.51%1년 변동-8.82%3년 변동-48.58%5년 변동-25.20%IPO 이후 변동-53.80%최근 뉴스 및 업데이트공고 • Jun 11Frasers Group Plc (LSE:FRAS) proposed to acquire remaining 73.42% stake in Hugo Boss AG (XTRA:BOSS) for €1.9 billion.Frasers Group Plc (LSE:FRAS) proposed to acquire remaining 73.42% stake in Hugo Boss AG (XTRA:BOSS) for €1.9 billion on June 10, 2026. Under the terms of the acquisition, Frasers Group Plc will €38 in cash per share or for a total amount of approximately €1.978 billion (£1.727 billion). Upon completion, Frasers Group Plc will own 100% stake in Hugo Boss AG. The transaction will be financed through a facility agreement with BNP Paribas, Deutsche Bank Luxembourg S.A., National Westminster Bank plc and Standard Chartered Bank as lenders. The Board of Frasers Group Plc is of the opinion that the acquisition of Hugo Boss Shares pursuant to the Offer is in the best interests of Frasers and Frasers' shareholders as a whole. The transaction is subject to approval by Bundesanstalt für Finanzdienstleistungsaufsicht and applicable merger control clearances being satisfied. The Offer will not be subject to a minimum acceptance threshold. The transaction is expected to close in the second half of 2026. Thomas Christl, Marcellus Ramsauer and Alexander Browne of BNPP Securities Services acted as financial advisor to Frasers Group Plc. Luke Bordewich, Carsten Laux, Oliver Steele and Marcel Reiher of Deutsche Bank AG, London Branch acted as financial advisor to Frasers Group Plc. Reynolds Porter Chamberlain acted as legal advisor to Frasers Group Plc. Gleiss Lutz acted as legal advisor to Frasers Group Plc.Upcoming Dividend • May 15Upcoming dividend of €0.04 per shareEligible shareholders must have bought the stock before 22 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 1.2% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.2%).Reported Earnings • May 07First quarter 2026 earnings released: EPS: €0.24 (vs €0.51 in 1Q 2025)First quarter 2026 results: EPS: €0.24 (down from €0.51 in 1Q 2025). Revenue: €905.0m (down 9.4% from 1Q 2025). Net income: €17.0m (down 51% from 1Q 2025). Profit margin: 1.9% (down from 3.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.New Risk • May 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.공고 • Apr 04Hugo Boss AG, Annual General Meeting, May 21, 2026Hugo Boss AG, Annual General Meeting, May 21, 2026, at 10:00 W. Europe Standard Time.Declared Dividend • Mar 11Dividend reduced to €0.04Dividend of €0.04 is 97% lower than last year. Ex-date: 22nd May 2026 Payment date: 26th May 2026 Dividend yield will be 0.1%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 1%. Cash payout ratio: 0.553%.더 많은 업데이트 보기Recent updates공고 • Jun 11Frasers Group Plc (LSE:FRAS) proposed to acquire remaining 73.42% stake in Hugo Boss AG (XTRA:BOSS) for €1.9 billion.Frasers Group Plc (LSE:FRAS) proposed to acquire remaining 73.42% stake in Hugo Boss AG (XTRA:BOSS) for €1.9 billion on June 10, 2026. Under the terms of the acquisition, Frasers Group Plc will €38 in cash per share or for a total amount of approximately €1.978 billion (£1.727 billion). Upon completion, Frasers Group Plc will own 100% stake in Hugo Boss AG. The transaction will be financed through a facility agreement with BNP Paribas, Deutsche Bank Luxembourg S.A., National Westminster Bank plc and Standard Chartered Bank as lenders. The Board of Frasers Group Plc is of the opinion that the acquisition of Hugo Boss Shares pursuant to the Offer is in the best interests of Frasers and Frasers' shareholders as a whole. The transaction is subject to approval by Bundesanstalt für Finanzdienstleistungsaufsicht and applicable merger control clearances being satisfied. The Offer will not be subject to a minimum acceptance threshold. The transaction is expected to close in the second half of 2026. Thomas Christl, Marcellus Ramsauer and Alexander Browne of BNPP Securities Services acted as financial advisor to Frasers Group Plc. Luke Bordewich, Carsten Laux, Oliver Steele and Marcel Reiher of Deutsche Bank AG, London Branch acted as financial advisor to Frasers Group Plc. Reynolds Porter Chamberlain acted as legal advisor to Frasers Group Plc. Gleiss Lutz acted as legal advisor to Frasers Group Plc.Upcoming Dividend • May 15Upcoming dividend of €0.04 per shareEligible shareholders must have bought the stock before 22 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 1.2% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.2%).Reported Earnings • May 07First quarter 2026 earnings released: EPS: €0.24 (vs €0.51 in 1Q 2025)First quarter 2026 results: EPS: €0.24 (down from €0.51 in 1Q 2025). Revenue: €905.0m (down 9.4% from 1Q 2025). Net income: €17.0m (down 51% from 1Q 2025). Profit margin: 1.9% (down from 3.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.New Risk • May 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.공고 • Apr 04Hugo Boss AG, Annual General Meeting, May 21, 2026Hugo Boss AG, Annual General Meeting, May 21, 2026, at 10:00 W. Europe Standard Time.Declared Dividend • Mar 11Dividend reduced to €0.04Dividend of €0.04 is 97% lower than last year. Ex-date: 22nd May 2026 Payment date: 26th May 2026 Dividend yield will be 0.1%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 1%. Cash payout ratio: 0.553%.Reported Earnings • Mar 11Full year 2025 earnings released: EPS: €3.62 (vs €3.09 in FY 2024)Full year 2025 results: EPS: €3.62 (up from €3.09 in FY 2024). Revenue: €4.27b (flat on FY 2024). Net income: €249.5m (up 17% from FY 2024). Profit margin: 5.8% (up from 5.0% in FY 2024). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.공고 • Mar 10+ 1 more updateHugo Boss AG announces Annual dividend, payable on May 26, 2026Hugo Boss AG announced Annual dividend of EUR 0.0400 per share payable on May 26, 2026, ex-date on May 22, 2026 and record date on May 25, 2026.공고 • Feb 11Hugo Boss Announces Executive ChangesDietmar Knoess will assume the position of Senior Vice President Global Human Resources at HUGO BOSS as of February 16. He will succeed Jochen Eckhold, who joined HUGO BOSS in January 2019 and is leaving the company to pursue new professional opportunities. Dietmar Knoess held the role of Vice President People & Organization at Puma until October 2025 and spent 15 years with the company. From 2006 to 2010, he held the position of Global Director Human Resources & Facility Management at HUGO BOSS. Before that, Knoess worked in various senior HR roles at Wella (Procter & Gamble) and Tengelmann.공고 • Nov 11+ 1 more updateHugo Boss AG to Report Q3, 2026 Results on Nov 03, 2026Hugo Boss AG announced that they will report Q3, 2026 results on Nov 03, 2026공고 • Nov 08+ 1 more updateHugo Boss AG to Report Fiscal Year 2025 Results on Mar 10, 2026Hugo Boss AG announced that they will report fiscal year 2025 results on Mar 10, 2026Reported Earnings • Nov 05Third quarter 2025 earnings released: EPS: €0.85 (vs €0.79 in 3Q 2024)Third quarter 2025 results: EPS: €0.85 (up from €0.79 in 3Q 2024). Revenue: €989.0m (down 3.9% from 3Q 2024). Net income: €59.0m (up 7.3% from 3Q 2024). Profit margin: 6.0% (up from 5.3% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.공고 • Oct 03Epam Systems, Inc. and Boss Unveil A Revolutionary Immersive Spatial Experience, Powered by Apple Vision Pro, That Redefines Motorsport FandomEPAM Systems, Inc. announced its strategic collaboration with BOSS on a revolutionary immersive spatial experience, powered by Apple Vision Pro, that redefines motorsport fandom. This innovation brings fans into the adrenaline-fueled immersion and the heart of the race action. With strategy, design and execution led by EPAM and its Empathy Lab brand teams working side by side, this experience was designed to bring fans closer to the action than ever before, feeling as thrilling and authentic as being a racing driver. From precision visual targeting exercises to 3D spatial puzzles inspired by strategic race decisions, every step demands sharp focus and split-second reflexes. The experience finishes in a spectacular test lap, where the noise of the Aston Martin AMR25 surrounds fans. Launching ahead of the Formula 1®? Singapore Airlines Singapore Grand Prix 2025, the in-store activation debuts October 2 in specially designed installations at select BOSS locations across seven cities: London, Paris, Dusseldorf, Barcelona, Las Vegas, Dubai and Singapore.Reported Earnings • Aug 05Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €1.00b (down 1.4% from 2Q 2024). Net income: €47.0m (up 27% from 2Q 2024). Profit margin: 4.7% (up from 3.6% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Luxury industry in Europe.Upcoming Dividend • May 09Upcoming dividend of €1.40 per shareEligible shareholders must have bought the stock before 16 May 2025. Payment date: 20 May 2025. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.0%).Reported Earnings • May 07First quarter 2025 earnings released: EPS: €0.51 (vs €0.54 in 1Q 2024)First quarter 2025 results: EPS: €0.51 (down from €0.54 in 1Q 2024). Revenue: €999.0m (down 1.5% from 1Q 2024). Net income: €35.0m (down 7.9% from 1Q 2024). Profit margin: 3.5% (down from 3.7% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공고 • Apr 04Frasers Group Aims to Create Shareholders Value at Hugo BossOn April 3, 2025, Frasers Group Plc announced an increase in its investment in Hugo Boss, holding 19.2% of the total share capital and up to 23.7% through put options. Frasers Group stated that it aims to create value for shareholders and has nominated CEO Michael Murray for election to the Company’s Supervisory Board in May 2025.공고 • Apr 01Hugo Boss AG, Annual General Meeting, May 15, 2025Hugo Boss AG, Annual General Meeting, May 15, 2025, at 10:00 W. Europe Standard Time.Declared Dividend • Mar 15Dividend increased to €1.40Dividend of €1.40 is 3.7% higher than last year. Ex-date: 16th May 2025 Payment date: 20th May 2025 Dividend yield will be 3.8%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Mar 14Hugo Boss AG announces Annual dividend, payable on May 20, 2025Hugo Boss AG announced Annual dividend of EUR 1.4000 per share payable on May 20, 2025, ex-date on May 16, 2025 and record date on May 19, 2025.Reported Earnings • Mar 13Third quarter 2024 earnings released: EPS: €0.79 (vs €0.91 in 3Q 2023)Third quarter 2024 results: EPS: €0.79 (down from €0.91 in 3Q 2023). Revenue: €1.03b (flat on 3Q 2023). Net income: €55.0m (down 13% from 3Q 2023). Profit margin: 5.3% (down from 6.1% in 3Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 4 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €36.91, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Luxury industry in Europe. Total loss to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €33.14 per share.Buy Or Sell Opportunity • Mar 07Now 21% undervaluedOver the last 90 days, the stock has risen 9.5% to €42.92. The fair value is estimated to be €54.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.Buy Or Sell Opportunity • Feb 19Now 22% undervaluedOver the last 90 days, the stock has risen 13% to €44.06. The fair value is estimated to be €56.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.공고 • Dec 17Hugo Boss Ag Announces Board ChangesHugo Boss AG announced that Stephan Sturm (61) is to take over as Chairman of the Supervisory Board of HUGO BOSS AG following the next Annual Shareholders' Meeting. The Nomination Committee of the Supervisory Board has proposed him as successor to Hermann Waldemer for the election at the Annual Shareholders' Meeting on May 15, 2025. In addition, Andreas Kurali (59) and Michael Murray (35) run for election to the Supervisory Board, as Gaetano Marzotto and Robin J. Stalker will step down alongside Hermann Waldemer at the end of the next Annual Shareholders' Meeting. Stephan Sturm holds a degree in business administration and started his career at McKinsey & Company before taking on various management positions in investment banking. Following this, he worked for Fresenius Group for 18 years, where he played a key role in the company's strong growth, first as Chief Financial Officer and later as Chairman of the Management Board. During his time at Fresenius, Stephan Sturm was also Chairman of the Supervisory Boards of Fresenius Medical Care and Fresenius Kabi. Furthermore, he was a member of the Lufthansa Supervisory Board and most recently chaired its audit committee. Stephan Sturm is currently Chairman of the Management Board of the Heinz Hermann Thiele Family Foundation. Andreas Kurali, also a business administration graduate, worked for Philip Morris International for more than three decades. Over the course of his career, he held various senior finance roles, with positions in Mexico, New York, and Hong Kong. Most recently, he was Deputy Chief Financial Officer and Head of Finance Transformation at Philip Morris International in Lausanne. Michael Murray holds a bachelor's degree in real estate, and has worked with and subsequently for Frasers Group for almost 10 years. He initially provided management consultancy and advisory services to the real estate and retail division, before becoming Group Head of Elevation and taking over the position of Chief Executive Officer in 2022. Since then, Michael Murray has been instrumental in driving the Group's transformation and its further development of the premium segment and digital.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €32.22, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Luxury industry in Europe. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €54.59 per share.Reported Earnings • Nov 05Third quarter 2024 earnings released: EPS: €0.79 (vs €0.91 in 3Q 2023)Third quarter 2024 results: EPS: €0.79 (down from €0.91 in 3Q 2023). Revenue: €1.03b (flat on 3Q 2023). Net income: €55.0m (down 13% from 3Q 2023). Profit margin: 5.3% (down from 6.1% in 3Q 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.공고 • Sep 04Hugo Boss AG to Report Q3, 2025 Results on Nov 04, 2025Hugo Boss AG announced that they will report Q3, 2025 results on Nov 04, 2025공고 • Aug 09Hugo Boss AG to Report Q2, 2025 Results on Aug 05, 2025Hugo Boss AG announced that they will report Q2, 2025 results on Aug 05, 2025공고 • Aug 08+ 1 more updateHugo Boss AG to Report Fiscal Year 2024 Results on Mar 13, 2025Hugo Boss AG announced that they will report fiscal year 2024 results on Mar 13, 2025Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: €0.55 (vs €1.11 in 2Q 2023)Second quarter 2024 results: EPS: €0.55 (down from €1.11 in 2Q 2023). Revenue: €1.02b (down 1.0% from 2Q 2023). Net income: €37.0m (down 51% from 2Q 2023). Profit margin: 3.6% (down from 7.3% in 2Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Upcoming Dividend • May 10Upcoming dividend of €1.35 per shareEligible shareholders must have bought the stock before 15 May 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (1.6%).Reported Earnings • May 03First quarter 2024 earnings released: EPS: €0.55 (vs €0.50 in 1Q 2023)First quarter 2024 results: EPS: €0.55 (up from €0.50 in 1Q 2023). Revenue: €1.01b (up 4.8% from 1Q 2023). Net income: €38.0m (up 8.6% from 1Q 2023). Profit margin: 3.7% (up from 3.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공고 • Apr 24Hugo Debuts Hugo Blue, A New Brand Line with Focus on Denim At Hudson's BayFor Spring/Summer 2024, HUGO is excited to unveil its new brand line HUGO BLUE, at select Hudson's Bay locations across Canada – including Vancouver, Montreal and Toronto - and thebay.com. Denim is at the heart of the HUGO BLUE offering, showcased in different ways – in the form of jeans, skirts, jackets, trench coats, shirts, shorts, and more. Slouchy, printed jersey staples and bold logo details amplify the effortless vibe of the new brand line. Its colour palette is fittingly themed in various shades of blue, along with black and white. In a dynamic launch event that buzzed with creativity, HUGO brought the style and spirit of its new brand line to Hudson'sBay Queen St. on April 18th during Guys' Night Out. Guests were invited to discover the collection, entering the world of HUGO BLUE in an immersive pop-up experience that combined inspiring product installations and entertainment, including a performance from Juno recording artist, Preston Pablo. The pop-up, which will be at Hudson'sBay Queen St. for the remainder of Spring and then moves to Hudson'sBay Yorkdale, reveals a world of blue, putting forward a new perspective and fresh space to explore HUGO. HUGO BLUE offers more denim, with streetwear and a variety of gender-neutral styles – while the main line continues to focus on elevated casual wear and contemporary tailoring. The Summer 2024 collections from HUGO BLUE are currently available to shop in-store at select Hudson's Bay locations and online.Declared Dividend • Apr 01Dividend increased to €1.35Dividend of €1.35 is 35% higher than last year. Ex-date: 15th May 2024 Payment date: 17th May 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but not adequately covered by cash flows (99% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 07Full year 2023 earnings released: EPS: €3.74 (vs €3.04 in FY 2022)Full year 2023 results: EPS: €3.74 (up from €3.04 in FY 2022). Revenue: €4.20b (up 15% from FY 2022). Net income: €258.4m (up 23% from FY 2022). Profit margin: 6.2% (up from 5.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공고 • Jan 16Hugo Boss AG to Report Q4, 2023 Results on Jan 16, 2024Hugo Boss AG announced that they will report Q4, 2023 results on Jan 16, 2024공고 • Nov 18Hugo Boss AG, Annual General Meeting, May 14, 2024Hugo Boss AG, Annual General Meeting, May 14, 2024.Reported Earnings • Nov 04Third quarter 2023 earnings released: EPS: €0.91 (vs €0.84 in 3Q 2022)Third quarter 2023 results: EPS: €0.91 (up from €0.84 in 3Q 2022). Revenue: €1.03b (up 10% from 3Q 2022). Net income: €63.0m (up 8.6% from 3Q 2022). Profit margin: 6.1% (down from 6.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Luxury industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.공고 • Sep 13Hugo Boss AG to Report Q3, 2024 Results on Nov 05, 2024Hugo Boss AG announced that they will report Q3, 2024 results on Nov 05, 2024공고 • Aug 21Hugo Boss AG to Report Q2, 2024 Results on Aug 01, 2024Hugo Boss AG announced that they will report Q2, 2024 results on Aug 01, 2024New Risk • Aug 07New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 06Second quarter 2023 earnings released: EPS: €1.11 (vs €0.86 in 2Q 2022)Second quarter 2023 results: EPS: €1.11 (up from €0.86 in 2Q 2022). Revenue: €1.03b (up 17% from 2Q 2022). Net income: €75.0m (up 29% from 2Q 2022). Profit margin: 7.3% (up from 6.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.공고 • Aug 03+ 1 more updateHugo Boss AG to Report Q1, 2024 Results on May 02, 2024Hugo Boss AG announced that they will report Q1, 2024 results on May 02, 2024Upcoming Dividend • May 03Upcoming dividend of €1.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 10 May 2023. Payment date: 12 May 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.2%).Reported Earnings • Mar 10Full year 2022 earnings released: EPS: €3.04 (vs €1.99 in FY 2021)Full year 2022 results: EPS: €3.04 (up from €1.99 in FY 2021). Revenue: €3.65b (up 31% from FY 2021). Net income: €209.5m (up 53% from FY 2021). Profit margin: 5.7% (up from 4.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Luxury industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Mar 09Now 21% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be €80.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings is also forecast to grow by 13% per annum over the same time period.공고 • Jan 17Hugo Boss AG to Report Fiscal Year 2022 Results on Jan 17, 2023Hugo Boss AG announced that they will report fiscal year 2022 results on Jan 17, 2023공고 • Nov 06+ 3 more updatesHugo Boss AG to Report Q3, 2023 Results on Nov 02, 2023Hugo Boss AG announced that they will report Q3, 2023 results on Nov 02, 2023Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: €0.84 (vs €0.76 in 3Q 2021)Third quarter 2022 results: EPS: €0.84 (up from €0.76 in 3Q 2021). Revenue: €933.0m (up 24% from 3Q 2021). Net income: €58.0m (up 9.4% from 3Q 2021). Profit margin: 6.2% (down from 7.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Luxury industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: €0.85 (vs €0.33 in 2Q 2021)Second quarter 2022 results: EPS: €0.85 (up from €0.33 in 2Q 2021). Revenue: €878.0m (up 40% from 2Q 2021). Net income: €58.0m (up 164% from 2Q 2021). Profit margin: 6.6% (up from 3.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.2%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Buying Opportunity • Aug 02Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be €72.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 40% in the next 2 years.Upcoming Dividend • May 18Upcoming dividend of €0.70 per shareEligible shareholders must have bought the stock before 25 May 2022. Payment date: 30 May 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of British dividend payers (4.8%). Lower than average of industry peers (1.7%).Reported Earnings • May 08First quarter 2022 earnings released: EPS: €0.34 (vs €0.13 loss in 1Q 2021)First quarter 2022 results: EPS: €0.34 (up from €0.13 loss in 1Q 2021). Revenue: €772.0m (up 55% from 1Q 2021). Net income: €24.0m (up €33.0m from 1Q 2021). Profit margin: 3.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 6.1%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 13Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €1.99 (up from €3.18 loss in FY 2020). Revenue: €2.79b (up 43% from FY 2020). Net income: €137.3m (up €356.9m from FY 2020). Profit margin: 4.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €45.86, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Luxury industry in Europe. Total loss to shareholders of 22% over the past three years.Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS €0.76 (vs €0.06 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €755.0m (up 42% from 3Q 2020). Net income: €53.0m (up €50.0m from 3Q 2020). Profit margin: 7.0% (up from 0.6% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 06Second quarter 2021 earnings released: EPS €0.35 (vs €2.70 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €629.0m (up 129% from 2Q 2020). Net income: €22.0m (up €208.0m from 2Q 2020). Profit margin: 3.5% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.Reported Earnings • May 06First quarter 2021 earnings released: €0.13 loss per share (vs €0.26 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: €497.0m (down 11% from 1Q 2020). Net loss: €8.00m (loss narrowed 56% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Upcoming Dividend • May 05Upcoming dividend of €0.04 per shareEligible shareholders must have bought the stock before 12 May 2021. Payment date: 17 May 2021. Trailing yield: 0.1%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (1.0%).Analyst Estimate Surprise Post Earnings • Mar 13Revenue misses expectationsRevenue missed analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 17%, compared to a 12% growth forecast for the Luxury industry in the United Kingdom.Reported Earnings • Mar 13Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €1.95b (down 33% from FY 2019). Net loss: €219.6m (down 207% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 25New 90-day high: €31.91The company is up 20% from its price of €26.58 on 27 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.97 per share.Is New 90 Day High Low • Jan 20New 90-day high: €28.26The company is up 25% from its price of €22.66 on 22 October 2020. The British market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €49.03 per share.Is New 90 Day High Low • Dec 07New 90-day high: €27.58The company is up 20% from its price of €22.98 on 08 September 2020. The British market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.60 per share.Is New 90 Day High Low • Nov 16New 90-day high: €25.90The company is up 12% from its price of €23.09 on 18 August 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.98 per share.Analyst Estimate Surprise Post Earnings • Nov 05Revenue misses expectationsRevenue missed analyst estimates by 3.2%. Over the next year, revenue is forecast to grow 6.2%, compared to a 5.1% growth forecast for the Luxury industry in the United Kingdom.Reported Earnings • Nov 05Third quarter 2020 earnings released: EPS €0.06The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €533.0m (down 26% from 3Q 2019). Net income: €3.00m (down 95% from 3Q 2019). Profit margin: 0.6% (down from 7.8% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 29New 90-day low: €20.73The company is down 11% from its price of €23.28 on 30 July 2020. The British market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €29.98 per share.Is New 90 Day High Low • Sep 22New 90-day low: €21.69The company is down 18% from its price of €26.48 on 24 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.54 per share.주주 수익률0Q8FGB LuxuryGB 시장7D0.04%1.5%1.0%1Y-8.8%-1.7%16.8%전체 주주 수익률 보기수익률 대 산업: 0Q8F은 지난 1년 동안 -1.7%의 수익을 기록한 UK Luxury 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 0Q8F은 지난 1년 동안 16.8%를 기록한 UK 시장보다 저조한 성과를 냈습니다.주가 변동성Is 0Q8F's price volatile compared to industry and market?0Q8F volatility0Q8F Average Weekly Movement3.5%Luxury Industry Average Movement4.5%Market Average Movement5.1%10% most volatile stocks in GB Market10.6%10% least volatile stocks in GB Market2.7%안정적인 주가: 0Q8F는 지난 3개월 동안 UK 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 0Q8F의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트192417,046Daniel Griederwww.hugoboss.com휴고보스 AG는 자회사와 함께 전 세계 남성과 여성을 위한 의류, 신발 및 액세서리를 제공합니다. 향수, 안경, 시계와 같은 라이선스 제품도 제공합니다. 또한 테니스와 패들, 헬스, 러닝, 스키, 골프, 승마, 수영을 위한 스포츠웨어도 제공합니다.더 보기Hugo Boss AG 기초 지표 요약Hugo Boss의 순이익과 매출은 시가총액과 어떻게 비교됩니까?0Q8F 기초 통계시가총액€2.62b순이익 (TTM)€231.48m매출 (TTM)€4.18b11.3x주가수익비율(P/E)0.6x주가매출비율(P/S)0Q8F는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표0Q8F 손익계산서 (TTM)매출€4.18b매출원가€1.60b총이익€2.58b기타 비용€2.35b순이익€231.48m최근 보고된 실적Mar 31, 2026다음 실적 발표일Aug 04, 2026주당순이익(EPS)3.35총이익률61.75%순이익률5.54%부채/자본 비율18.6%0Q8F의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당0.1%현재 배당 수익률1%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/19 06:19종가2026/07/17 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Hugo Boss AG는 32명의 분석가가 다루고 있습니다. 이 중 12명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Volker BosseBaader Helvea Equity ResearchChristian ObstBaader Helvea Equity ResearchJulian EasthopeBarclays29명의 분석가 더 보기
공고 • Jun 11Frasers Group Plc (LSE:FRAS) proposed to acquire remaining 73.42% stake in Hugo Boss AG (XTRA:BOSS) for €1.9 billion.Frasers Group Plc (LSE:FRAS) proposed to acquire remaining 73.42% stake in Hugo Boss AG (XTRA:BOSS) for €1.9 billion on June 10, 2026. Under the terms of the acquisition, Frasers Group Plc will €38 in cash per share or for a total amount of approximately €1.978 billion (£1.727 billion). Upon completion, Frasers Group Plc will own 100% stake in Hugo Boss AG. The transaction will be financed through a facility agreement with BNP Paribas, Deutsche Bank Luxembourg S.A., National Westminster Bank plc and Standard Chartered Bank as lenders. The Board of Frasers Group Plc is of the opinion that the acquisition of Hugo Boss Shares pursuant to the Offer is in the best interests of Frasers and Frasers' shareholders as a whole. The transaction is subject to approval by Bundesanstalt für Finanzdienstleistungsaufsicht and applicable merger control clearances being satisfied. The Offer will not be subject to a minimum acceptance threshold. The transaction is expected to close in the second half of 2026. Thomas Christl, Marcellus Ramsauer and Alexander Browne of BNPP Securities Services acted as financial advisor to Frasers Group Plc. Luke Bordewich, Carsten Laux, Oliver Steele and Marcel Reiher of Deutsche Bank AG, London Branch acted as financial advisor to Frasers Group Plc. Reynolds Porter Chamberlain acted as legal advisor to Frasers Group Plc. Gleiss Lutz acted as legal advisor to Frasers Group Plc.
Upcoming Dividend • May 15Upcoming dividend of €0.04 per shareEligible shareholders must have bought the stock before 22 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 1.2% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.2%).
Reported Earnings • May 07First quarter 2026 earnings released: EPS: €0.24 (vs €0.51 in 1Q 2025)First quarter 2026 results: EPS: €0.24 (down from €0.51 in 1Q 2025). Revenue: €905.0m (down 9.4% from 1Q 2025). Net income: €17.0m (down 51% from 1Q 2025). Profit margin: 1.9% (down from 3.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.
New Risk • May 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
공고 • Apr 04Hugo Boss AG, Annual General Meeting, May 21, 2026Hugo Boss AG, Annual General Meeting, May 21, 2026, at 10:00 W. Europe Standard Time.
Declared Dividend • Mar 11Dividend reduced to €0.04Dividend of €0.04 is 97% lower than last year. Ex-date: 22nd May 2026 Payment date: 26th May 2026 Dividend yield will be 0.1%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 1%. Cash payout ratio: 0.553%.
공고 • Jun 11Frasers Group Plc (LSE:FRAS) proposed to acquire remaining 73.42% stake in Hugo Boss AG (XTRA:BOSS) for €1.9 billion.Frasers Group Plc (LSE:FRAS) proposed to acquire remaining 73.42% stake in Hugo Boss AG (XTRA:BOSS) for €1.9 billion on June 10, 2026. Under the terms of the acquisition, Frasers Group Plc will €38 in cash per share or for a total amount of approximately €1.978 billion (£1.727 billion). Upon completion, Frasers Group Plc will own 100% stake in Hugo Boss AG. The transaction will be financed through a facility agreement with BNP Paribas, Deutsche Bank Luxembourg S.A., National Westminster Bank plc and Standard Chartered Bank as lenders. The Board of Frasers Group Plc is of the opinion that the acquisition of Hugo Boss Shares pursuant to the Offer is in the best interests of Frasers and Frasers' shareholders as a whole. The transaction is subject to approval by Bundesanstalt für Finanzdienstleistungsaufsicht and applicable merger control clearances being satisfied. The Offer will not be subject to a minimum acceptance threshold. The transaction is expected to close in the second half of 2026. Thomas Christl, Marcellus Ramsauer and Alexander Browne of BNPP Securities Services acted as financial advisor to Frasers Group Plc. Luke Bordewich, Carsten Laux, Oliver Steele and Marcel Reiher of Deutsche Bank AG, London Branch acted as financial advisor to Frasers Group Plc. Reynolds Porter Chamberlain acted as legal advisor to Frasers Group Plc. Gleiss Lutz acted as legal advisor to Frasers Group Plc.
Upcoming Dividend • May 15Upcoming dividend of €0.04 per shareEligible shareholders must have bought the stock before 22 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 1.2% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.2%).
Reported Earnings • May 07First quarter 2026 earnings released: EPS: €0.24 (vs €0.51 in 1Q 2025)First quarter 2026 results: EPS: €0.24 (down from €0.51 in 1Q 2025). Revenue: €905.0m (down 9.4% from 1Q 2025). Net income: €17.0m (down 51% from 1Q 2025). Profit margin: 1.9% (down from 3.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.
New Risk • May 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
공고 • Apr 04Hugo Boss AG, Annual General Meeting, May 21, 2026Hugo Boss AG, Annual General Meeting, May 21, 2026, at 10:00 W. Europe Standard Time.
Declared Dividend • Mar 11Dividend reduced to €0.04Dividend of €0.04 is 97% lower than last year. Ex-date: 22nd May 2026 Payment date: 26th May 2026 Dividend yield will be 0.1%, which is lower than the industry average of 4.7%. Payout Ratios Payout ratio: 1%. Cash payout ratio: 0.553%.
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: €3.62 (vs €3.09 in FY 2024)Full year 2025 results: EPS: €3.62 (up from €3.09 in FY 2024). Revenue: €4.27b (flat on FY 2024). Net income: €249.5m (up 17% from FY 2024). Profit margin: 5.8% (up from 5.0% in FY 2024). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
공고 • Mar 10+ 1 more updateHugo Boss AG announces Annual dividend, payable on May 26, 2026Hugo Boss AG announced Annual dividend of EUR 0.0400 per share payable on May 26, 2026, ex-date on May 22, 2026 and record date on May 25, 2026.
공고 • Feb 11Hugo Boss Announces Executive ChangesDietmar Knoess will assume the position of Senior Vice President Global Human Resources at HUGO BOSS as of February 16. He will succeed Jochen Eckhold, who joined HUGO BOSS in January 2019 and is leaving the company to pursue new professional opportunities. Dietmar Knoess held the role of Vice President People & Organization at Puma until October 2025 and spent 15 years with the company. From 2006 to 2010, he held the position of Global Director Human Resources & Facility Management at HUGO BOSS. Before that, Knoess worked in various senior HR roles at Wella (Procter & Gamble) and Tengelmann.
공고 • Nov 11+ 1 more updateHugo Boss AG to Report Q3, 2026 Results on Nov 03, 2026Hugo Boss AG announced that they will report Q3, 2026 results on Nov 03, 2026
공고 • Nov 08+ 1 more updateHugo Boss AG to Report Fiscal Year 2025 Results on Mar 10, 2026Hugo Boss AG announced that they will report fiscal year 2025 results on Mar 10, 2026
Reported Earnings • Nov 05Third quarter 2025 earnings released: EPS: €0.85 (vs €0.79 in 3Q 2024)Third quarter 2025 results: EPS: €0.85 (up from €0.79 in 3Q 2024). Revenue: €989.0m (down 3.9% from 3Q 2024). Net income: €59.0m (up 7.3% from 3Q 2024). Profit margin: 6.0% (up from 5.3% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.
공고 • Oct 03Epam Systems, Inc. and Boss Unveil A Revolutionary Immersive Spatial Experience, Powered by Apple Vision Pro, That Redefines Motorsport FandomEPAM Systems, Inc. announced its strategic collaboration with BOSS on a revolutionary immersive spatial experience, powered by Apple Vision Pro, that redefines motorsport fandom. This innovation brings fans into the adrenaline-fueled immersion and the heart of the race action. With strategy, design and execution led by EPAM and its Empathy Lab brand teams working side by side, this experience was designed to bring fans closer to the action than ever before, feeling as thrilling and authentic as being a racing driver. From precision visual targeting exercises to 3D spatial puzzles inspired by strategic race decisions, every step demands sharp focus and split-second reflexes. The experience finishes in a spectacular test lap, where the noise of the Aston Martin AMR25 surrounds fans. Launching ahead of the Formula 1®? Singapore Airlines Singapore Grand Prix 2025, the in-store activation debuts October 2 in specially designed installations at select BOSS locations across seven cities: London, Paris, Dusseldorf, Barcelona, Las Vegas, Dubai and Singapore.
Reported Earnings • Aug 05Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €1.00b (down 1.4% from 2Q 2024). Net income: €47.0m (up 27% from 2Q 2024). Profit margin: 4.7% (up from 3.6% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Luxury industry in Europe.
Upcoming Dividend • May 09Upcoming dividend of €1.40 per shareEligible shareholders must have bought the stock before 16 May 2025. Payment date: 20 May 2025. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.0%).
Reported Earnings • May 07First quarter 2025 earnings released: EPS: €0.51 (vs €0.54 in 1Q 2024)First quarter 2025 results: EPS: €0.51 (down from €0.54 in 1Q 2024). Revenue: €999.0m (down 1.5% from 1Q 2024). Net income: €35.0m (down 7.9% from 1Q 2024). Profit margin: 3.5% (down from 3.7% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공고 • Apr 04Frasers Group Aims to Create Shareholders Value at Hugo BossOn April 3, 2025, Frasers Group Plc announced an increase in its investment in Hugo Boss, holding 19.2% of the total share capital and up to 23.7% through put options. Frasers Group stated that it aims to create value for shareholders and has nominated CEO Michael Murray for election to the Company’s Supervisory Board in May 2025.
공고 • Apr 01Hugo Boss AG, Annual General Meeting, May 15, 2025Hugo Boss AG, Annual General Meeting, May 15, 2025, at 10:00 W. Europe Standard Time.
Declared Dividend • Mar 15Dividend increased to €1.40Dividend of €1.40 is 3.7% higher than last year. Ex-date: 16th May 2025 Payment date: 20th May 2025 Dividend yield will be 3.8%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Mar 14Hugo Boss AG announces Annual dividend, payable on May 20, 2025Hugo Boss AG announced Annual dividend of EUR 1.4000 per share payable on May 20, 2025, ex-date on May 16, 2025 and record date on May 19, 2025.
Reported Earnings • Mar 13Third quarter 2024 earnings released: EPS: €0.79 (vs €0.91 in 3Q 2023)Third quarter 2024 results: EPS: €0.79 (down from €0.91 in 3Q 2023). Revenue: €1.03b (flat on 3Q 2023). Net income: €55.0m (down 13% from 3Q 2023). Profit margin: 5.3% (down from 6.1% in 3Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 4 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €36.91, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Luxury industry in Europe. Total loss to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €33.14 per share.
Buy Or Sell Opportunity • Mar 07Now 21% undervaluedOver the last 90 days, the stock has risen 9.5% to €42.92. The fair value is estimated to be €54.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
Buy Or Sell Opportunity • Feb 19Now 22% undervaluedOver the last 90 days, the stock has risen 13% to €44.06. The fair value is estimated to be €56.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
공고 • Dec 17Hugo Boss Ag Announces Board ChangesHugo Boss AG announced that Stephan Sturm (61) is to take over as Chairman of the Supervisory Board of HUGO BOSS AG following the next Annual Shareholders' Meeting. The Nomination Committee of the Supervisory Board has proposed him as successor to Hermann Waldemer for the election at the Annual Shareholders' Meeting on May 15, 2025. In addition, Andreas Kurali (59) and Michael Murray (35) run for election to the Supervisory Board, as Gaetano Marzotto and Robin J. Stalker will step down alongside Hermann Waldemer at the end of the next Annual Shareholders' Meeting. Stephan Sturm holds a degree in business administration and started his career at McKinsey & Company before taking on various management positions in investment banking. Following this, he worked for Fresenius Group for 18 years, where he played a key role in the company's strong growth, first as Chief Financial Officer and later as Chairman of the Management Board. During his time at Fresenius, Stephan Sturm was also Chairman of the Supervisory Boards of Fresenius Medical Care and Fresenius Kabi. Furthermore, he was a member of the Lufthansa Supervisory Board and most recently chaired its audit committee. Stephan Sturm is currently Chairman of the Management Board of the Heinz Hermann Thiele Family Foundation. Andreas Kurali, also a business administration graduate, worked for Philip Morris International for more than three decades. Over the course of his career, he held various senior finance roles, with positions in Mexico, New York, and Hong Kong. Most recently, he was Deputy Chief Financial Officer and Head of Finance Transformation at Philip Morris International in Lausanne. Michael Murray holds a bachelor's degree in real estate, and has worked with and subsequently for Frasers Group for almost 10 years. He initially provided management consultancy and advisory services to the real estate and retail division, before becoming Group Head of Elevation and taking over the position of Chief Executive Officer in 2022. Since then, Michael Murray has been instrumental in driving the Group's transformation and its further development of the premium segment and digital.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €32.22, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Luxury industry in Europe. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €54.59 per share.
Reported Earnings • Nov 05Third quarter 2024 earnings released: EPS: €0.79 (vs €0.91 in 3Q 2023)Third quarter 2024 results: EPS: €0.79 (down from €0.91 in 3Q 2023). Revenue: €1.03b (flat on 3Q 2023). Net income: €55.0m (down 13% from 3Q 2023). Profit margin: 5.3% (down from 6.1% in 3Q 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
공고 • Sep 04Hugo Boss AG to Report Q3, 2025 Results on Nov 04, 2025Hugo Boss AG announced that they will report Q3, 2025 results on Nov 04, 2025
공고 • Aug 09Hugo Boss AG to Report Q2, 2025 Results on Aug 05, 2025Hugo Boss AG announced that they will report Q2, 2025 results on Aug 05, 2025
공고 • Aug 08+ 1 more updateHugo Boss AG to Report Fiscal Year 2024 Results on Mar 13, 2025Hugo Boss AG announced that they will report fiscal year 2024 results on Mar 13, 2025
Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: €0.55 (vs €1.11 in 2Q 2023)Second quarter 2024 results: EPS: €0.55 (down from €1.11 in 2Q 2023). Revenue: €1.02b (down 1.0% from 2Q 2023). Net income: €37.0m (down 51% from 2Q 2023). Profit margin: 3.6% (down from 7.3% in 2Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 10Upcoming dividend of €1.35 per shareEligible shareholders must have bought the stock before 15 May 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (1.6%).
Reported Earnings • May 03First quarter 2024 earnings released: EPS: €0.55 (vs €0.50 in 1Q 2023)First quarter 2024 results: EPS: €0.55 (up from €0.50 in 1Q 2023). Revenue: €1.01b (up 4.8% from 1Q 2023). Net income: €38.0m (up 8.6% from 1Q 2023). Profit margin: 3.7% (up from 3.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공고 • Apr 24Hugo Debuts Hugo Blue, A New Brand Line with Focus on Denim At Hudson's BayFor Spring/Summer 2024, HUGO is excited to unveil its new brand line HUGO BLUE, at select Hudson's Bay locations across Canada – including Vancouver, Montreal and Toronto - and thebay.com. Denim is at the heart of the HUGO BLUE offering, showcased in different ways – in the form of jeans, skirts, jackets, trench coats, shirts, shorts, and more. Slouchy, printed jersey staples and bold logo details amplify the effortless vibe of the new brand line. Its colour palette is fittingly themed in various shades of blue, along with black and white. In a dynamic launch event that buzzed with creativity, HUGO brought the style and spirit of its new brand line to Hudson'sBay Queen St. on April 18th during Guys' Night Out. Guests were invited to discover the collection, entering the world of HUGO BLUE in an immersive pop-up experience that combined inspiring product installations and entertainment, including a performance from Juno recording artist, Preston Pablo. The pop-up, which will be at Hudson'sBay Queen St. for the remainder of Spring and then moves to Hudson'sBay Yorkdale, reveals a world of blue, putting forward a new perspective and fresh space to explore HUGO. HUGO BLUE offers more denim, with streetwear and a variety of gender-neutral styles – while the main line continues to focus on elevated casual wear and contemporary tailoring. The Summer 2024 collections from HUGO BLUE are currently available to shop in-store at select Hudson's Bay locations and online.
Declared Dividend • Apr 01Dividend increased to €1.35Dividend of €1.35 is 35% higher than last year. Ex-date: 15th May 2024 Payment date: 17th May 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but not adequately covered by cash flows (99% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 07Full year 2023 earnings released: EPS: €3.74 (vs €3.04 in FY 2022)Full year 2023 results: EPS: €3.74 (up from €3.04 in FY 2022). Revenue: €4.20b (up 15% from FY 2022). Net income: €258.4m (up 23% from FY 2022). Profit margin: 6.2% (up from 5.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공고 • Jan 16Hugo Boss AG to Report Q4, 2023 Results on Jan 16, 2024Hugo Boss AG announced that they will report Q4, 2023 results on Jan 16, 2024
공고 • Nov 18Hugo Boss AG, Annual General Meeting, May 14, 2024Hugo Boss AG, Annual General Meeting, May 14, 2024.
Reported Earnings • Nov 04Third quarter 2023 earnings released: EPS: €0.91 (vs €0.84 in 3Q 2022)Third quarter 2023 results: EPS: €0.91 (up from €0.84 in 3Q 2022). Revenue: €1.03b (up 10% from 3Q 2022). Net income: €63.0m (up 8.6% from 3Q 2022). Profit margin: 6.1% (down from 6.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Luxury industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.
공고 • Sep 13Hugo Boss AG to Report Q3, 2024 Results on Nov 05, 2024Hugo Boss AG announced that they will report Q3, 2024 results on Nov 05, 2024
공고 • Aug 21Hugo Boss AG to Report Q2, 2024 Results on Aug 01, 2024Hugo Boss AG announced that they will report Q2, 2024 results on Aug 01, 2024
New Risk • Aug 07New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 06Second quarter 2023 earnings released: EPS: €1.11 (vs €0.86 in 2Q 2022)Second quarter 2023 results: EPS: €1.11 (up from €0.86 in 2Q 2022). Revenue: €1.03b (up 17% from 2Q 2022). Net income: €75.0m (up 29% from 2Q 2022). Profit margin: 7.3% (up from 6.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
공고 • Aug 03+ 1 more updateHugo Boss AG to Report Q1, 2024 Results on May 02, 2024Hugo Boss AG announced that they will report Q1, 2024 results on May 02, 2024
Upcoming Dividend • May 03Upcoming dividend of €1.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 10 May 2023. Payment date: 12 May 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.2%).
Reported Earnings • Mar 10Full year 2022 earnings released: EPS: €3.04 (vs €1.99 in FY 2021)Full year 2022 results: EPS: €3.04 (up from €1.99 in FY 2021). Revenue: €3.65b (up 31% from FY 2021). Net income: €209.5m (up 53% from FY 2021). Profit margin: 5.7% (up from 4.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Luxury industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Mar 09Now 21% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be €80.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings is also forecast to grow by 13% per annum over the same time period.
공고 • Jan 17Hugo Boss AG to Report Fiscal Year 2022 Results on Jan 17, 2023Hugo Boss AG announced that they will report fiscal year 2022 results on Jan 17, 2023
공고 • Nov 06+ 3 more updatesHugo Boss AG to Report Q3, 2023 Results on Nov 02, 2023Hugo Boss AG announced that they will report Q3, 2023 results on Nov 02, 2023
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: €0.84 (vs €0.76 in 3Q 2021)Third quarter 2022 results: EPS: €0.84 (up from €0.76 in 3Q 2021). Revenue: €933.0m (up 24% from 3Q 2021). Net income: €58.0m (up 9.4% from 3Q 2021). Profit margin: 6.2% (down from 7.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Luxury industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: €0.85 (vs €0.33 in 2Q 2021)Second quarter 2022 results: EPS: €0.85 (up from €0.33 in 2Q 2021). Revenue: €878.0m (up 40% from 2Q 2021). Net income: €58.0m (up 164% from 2Q 2021). Profit margin: 6.6% (up from 3.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.2%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Buying Opportunity • Aug 02Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be €72.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 40% in the next 2 years.
Upcoming Dividend • May 18Upcoming dividend of €0.70 per shareEligible shareholders must have bought the stock before 25 May 2022. Payment date: 30 May 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of British dividend payers (4.8%). Lower than average of industry peers (1.7%).
Reported Earnings • May 08First quarter 2022 earnings released: EPS: €0.34 (vs €0.13 loss in 1Q 2021)First quarter 2022 results: EPS: €0.34 (up from €0.13 loss in 1Q 2021). Revenue: €772.0m (up 55% from 1Q 2021). Net income: €24.0m (up €33.0m from 1Q 2021). Profit margin: 3.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 6.1%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 13Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €1.99 (up from €3.18 loss in FY 2020). Revenue: €2.79b (up 43% from FY 2020). Net income: €137.3m (up €356.9m from FY 2020). Profit margin: 4.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €45.86, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Luxury industry in Europe. Total loss to shareholders of 22% over the past three years.
Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS €0.76 (vs €0.06 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €755.0m (up 42% from 3Q 2020). Net income: €53.0m (up €50.0m from 3Q 2020). Profit margin: 7.0% (up from 0.6% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 06Second quarter 2021 earnings released: EPS €0.35 (vs €2.70 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €629.0m (up 129% from 2Q 2020). Net income: €22.0m (up €208.0m from 2Q 2020). Profit margin: 3.5% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 06First quarter 2021 earnings released: €0.13 loss per share (vs €0.26 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: €497.0m (down 11% from 1Q 2020). Net loss: €8.00m (loss narrowed 56% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • May 05Upcoming dividend of €0.04 per shareEligible shareholders must have bought the stock before 12 May 2021. Payment date: 17 May 2021. Trailing yield: 0.1%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (1.0%).
Analyst Estimate Surprise Post Earnings • Mar 13Revenue misses expectationsRevenue missed analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 17%, compared to a 12% growth forecast for the Luxury industry in the United Kingdom.
Reported Earnings • Mar 13Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €1.95b (down 33% from FY 2019). Net loss: €219.6m (down 207% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 25New 90-day high: €31.91The company is up 20% from its price of €26.58 on 27 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.97 per share.
Is New 90 Day High Low • Jan 20New 90-day high: €28.26The company is up 25% from its price of €22.66 on 22 October 2020. The British market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €49.03 per share.
Is New 90 Day High Low • Dec 07New 90-day high: €27.58The company is up 20% from its price of €22.98 on 08 September 2020. The British market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.60 per share.
Is New 90 Day High Low • Nov 16New 90-day high: €25.90The company is up 12% from its price of €23.09 on 18 August 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.98 per share.
Analyst Estimate Surprise Post Earnings • Nov 05Revenue misses expectationsRevenue missed analyst estimates by 3.2%. Over the next year, revenue is forecast to grow 6.2%, compared to a 5.1% growth forecast for the Luxury industry in the United Kingdom.
Reported Earnings • Nov 05Third quarter 2020 earnings released: EPS €0.06The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €533.0m (down 26% from 3Q 2019). Net income: €3.00m (down 95% from 3Q 2019). Profit margin: 0.6% (down from 7.8% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 29New 90-day low: €20.73The company is down 11% from its price of €23.28 on 30 July 2020. The British market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €29.98 per share.
Is New 90 Day High Low • Sep 22New 90-day low: €21.69The company is down 18% from its price of €26.48 on 24 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.54 per share.
