Fossil Group (FOSL) reported late Wednesday fiscal Q1 adjusted loss of $0.10 per diluted share, narrower than a loss of $0.30 a year earlier.
Revenue for the quarter ended April 5 was $233.3 million, down from $254.9 million a year earlier.
For 2025, the company expects worldwide net sales decline in the range of mid to high teens.
Shares of Fossil Group were up over 3% in after-hours activity.