EQS-Adhoc: HUGO BOSS AG: HUGO BOSS UPDATES ITS FULL YEAR 2026 OUTLOOK
Summary by AI BETAClose X
HUGO BOSS has lowered its FY2026 outlook: currency-adjusted Group sales are now expected to decline in the high-single-digit percentage range (previously mid- to high-single-digit) and EBIT is cut to EUR 250–300 million (previously EUR 300–350 million) due to higher non-cash depreciation/amortisation for IT assets and softer consumer demand; trade net working capital is now expected at ~21% of Group sales (previously ~20%) because of lower trade payables, and capital expenditure is increased to 4–5% of Group sales (previously ~4%) to fund the acquisition of a logistics property. In Q3, currency-adjusted sales fell 5%; revenue was EUR 946m (down 4% vs EUR 989m), gross margin rose to 63.3% (+220bps) and EBIT was EUR 81m (8.6% margin).
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EQS-Ad-hoc: HUGO BOSS AG / Key word(s): Forecast / Full year HUGO BOSS updates its financial outlook for full year 2026. The Managing Board now anticipates currency-adjusted Group sales to decline in the high single-digit percentage range (previously: currency adjusted Group sales to decline in the mid to high single digit range). EBIT is now expected to range between EUR 250 million and EUR 300 million in 2026 (previously: EUR 300 million to EUR 350 million). This reflects both expected higher non-cash depreciation and amortization expenses for IT assets, given rapidly evolving AI and technology developments, as well as softer consumer demand assumptions. Trade net working capital (TNWC) is now expected to amount to around 21% of Group sales (previously: around 20% of Group sales) due to anticipated lower trade payables following adjustments to supplier payment terms. Capital expenditure is now expected to range between 4% and 5% of Group sales (previously: around 4% of Group sales), reflecting the strategic acquisition of a formerly leased logistic property at the Company’s headquarters, supporting long-term operational efficiency.
In the third quarter, currency-adjusted Group sales declined by 5%, while revenues in Group currency decreased by 4% to EUR 946 million (Q3 2025: EUR 989 million). The sales development reflects both the ongoing strategic realignment of the Company’s business under CLAIM 5 TOUCHDOWN as well as subdued consumer demand across key markets. Gross margin expanded by 220 basis points to 63.3% (Q3 2025: 61.2%), supported by continued sourcing efficiencies and optimized pricing. Operating expenses grew 2%, as higher administration expenses more than offset a reduction in selling and marketing expenses. Consequently, EBIT amounted to EUR 81 million in the third quarter, corresponding to an EBIT margin of 8.6% (Q3 2025: EUR 95 million; 9.6%). The full set of third quarter results will be published on November 3, 2026. If you have any questions, please contact Media Relations Carolin Westermann Senior Vice President Corporate Communications Phone: +49 7123 94-86321 E-mail: carolin_westermann@hugoboss.com Investor Relations Lena Biberacher Head of Investor Relations Phone: +49 7123 94-84272 E-mail: lena_biberacher@hugoboss End of Inside Information
02-Nov-2026 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | HUGO BOSS AG |
| Holy-Allee 3 | |
| 72555 Metzingen | |
| Germany | |
| Phone: | +49 (0)712 394-0 |
| Fax: | +49 (0)712 394-80259 |
| E-mail: | info@hugoboss.com |
| Internet: | www.hugoboss.com |
| ISIN: | DE000A1PHFF7 |
| WKN: | A1PHFF |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Tradegate BSX |
| LEI Code: | 529900LFVU534EBRXD13 |
| EQS News ID: | 2427006 |
| End of Announcement | EQS News Service |
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2427006 02-Nov-2026 CET/CEST
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