Fossil Group (FOSL) Reports Q3 Loss of $0.51

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Fossil Group, Inc. Reports Third Quarter 2024 Financial Results

November 7, 2024 4:16 PM EST

Remains On Track to Achieve at Least $100 Million of Annualized Savings in 2024 Under TAG Plan

Updates Full Year Outlook

RICHARDSON, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal third quarter ended September 28, 2024.

Third Quarter Summary

Third quarter worldwide net sales decreased to $288 million, down 16% on both a reported and constant currency basis. The results included six points of... More