Fossil Group Q1 Adjusted Loss Narrows, Revenue Falls

MT Newswires Live

05/14

Fossil Group (FOSL) reported Wednesday Q1 adjusted loss of $0.03 per diluted share, compared with an adjusted loss of $0.10 a year earlier.

Two analysts polled by FactSet expected loss of $0.28.

Revenue for the 13 weeks ended April 4 was $224.8 million, down from 14 weeks ended at $233.3 million a year ago.

Two analysts surveyed by FactSet expected $204.7 million.

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