Home New Look 2015 Germany’s Hugo Boss’ sales surge 6% in Q1 FY24

Germany’s Hugo Boss’ sales surge 6% in Q1 FY24

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Hugo Boss reported Q1 FY24 sales of €1.014 billion (~$1.08 billion), marking a 6 per cent year-on-year increase.
Operating profit rose to €69 million, pushing the EBIT margin to 6.8 per cent.
The Americas led with an 11 per cent surge in sales, while digital revenues grew by 10 per cent. Overall, the company showcased strong growth across all channels.Hugo Boss reported Q1 FY24 sales of €1.014 billion (~$1.08 billion), marking a 6 per cent year-on-year increase.
Operating profit rose to €69 million, pushing the EBIT margin to 6.8 per cent.
The Americas led with an 11 per cent surge in sales, while digital revenues grew by 10 per cent. Overall, the company showcased strong growth across all channels.