The date formatting is a general task in programming. In Hugo also we can format the dates. The difference is that we can give format as a sample date than the traditional mm/dd/yyyy format.
But when we give a sample date such as "02 Jan 2006", we need to be careful that the year is exactly the same 2006. If we give any other year, it will mess up the formating.
It is not a showstopper but may take a considerable amount from us to figure it out.