Hugo Boss beats Q2 profit estimates, maintains full-year guidance
Hugo Boss reported currency-adjusted sales down 9% to 905 million euros, slightly below expectations, as subdued consumer demand persisted amid macroeconomic uncertainty and geopolitical tensions. The quarter still brought a very strong operating profit beat, with EMEA sales declining 13%. The company said it is making progress on its Claim 5 strategy and maintained full-year guidance for 2026.