Fossil Group Fiscal Q1 Loss Narrows, Revenue Declines

MT Newswires Live

05-15

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.

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