Fossil Group (FOSL) Reports Q3 EPS of $0.31

Fossil Group (NASDAQ: FOSL) reported Q3 EPS of $0.31, versus ($0.51) reported last year. Revenue for the quarter came in at $435 million, versus $539 million reported last year.

Outlook:

The Company anticipates that impacts from COVID-19 will continue to pressure sales in the fourth quarter of 2020, with ongoing strength in e-commerce channels offset by contraction in Fossil retail stores and the wholesale channel. Worldwide net sales are expected to decline in the range of 40% to 30%.

For earnings history and earnings-related data on Fossil Group (FOSL) click here.

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