NEW YORK (dpa-AFX Broker) - Equity research firm Jefferies has reiterated its 'Hold' rating on Hugo Boss with a price target of 33 euros following the release of its financial results. The fashion group's operating profit (EBIT) for the first quarter exceeded expectations, analyst Frederick Wild noted in a flash note issued on Tuesday. This performance was primarily driven by a return to growth in China, sustained improvements in the Pacific region, and a superior gross margin. Furthermore, reported organic growth came in ahead of consensus, despite the dilutive impact of the conflict in the Middle East./rob/tih/la

Publication of the original study: 05.05.2026 / 02:27 / Time zone not specified in study

Initial dissemination of the original study: 05.05.2026 / 02:27 / Time zone not specified in study

-----------------------

dpa-AFX Broker - Trader News from dpa-AFX

-----------------------