Fossil Group, Inc. announced its third quarter 2025 financial results, reporting worldwide net sales of $270.2 million, a 6.1% decrease from the prior year. The company posted an operating loss of $21.7 million and a net loss of $39.9 million. Despite the sales decline, the company highlighted the completion of its balance sheet transformation, which significantly strengthened its financial position.

Fossil reported a net sales decline of 15% in Q2 2025, impacted by softness in key categories and store closures. Despite the sales drop, the company achieved positive operating income and expanded its gross margin to 57.5%. SG&A expenses dropped significantly as restructuring efforts took hold.

Fossil Group reported Q1 2025 revenue of $233.3 million, down 8.5% year-over-year, but achieved significant improvements in gross margin and reduced net loss through restructuring and cost efficiencies.

Fossil Group faced a revenue decline of 18.8% year-over-year in Q4 2024, with all segments and regions experiencing a downturn. However, the company managed to improve its gross margin by 630 basis points and generated positive free cash flow. Adjusted EPS was $0.39, contrasting with a GAAP loss per share of $0.14.

Fossil Group reported a decrease in worldwide net sales to $288 million, a 16% drop compared to the previous year, impacted by strategic actions to exit the smartwatch category and optimize retail stores. However, gross margins expanded by 240 basis points to 49.4%, and operating expenses decreased by 16% due to efficiencies from the TAG Plan. The company's operating loss improved to $24 million from $46 million year-over-year, and inventory decreased by 31% to $226 million.

Fossil Group's second quarter results showed a decrease in net sales, but gross margins expanded due to the TAG Plan. The company is maintaining its full-year 2024 outlook.

Fossil Group's Q1 2024 net sales decreased by 22% to $255 million, but gross margins expanded by 300 basis points to 52.4%. The company narrowed its adjusted operating loss compared to the previous year, driven by the Transform and Grow (TAG) Plan. They are maintaining their full year 2024 outlook.

Fossil Group, Inc. reported Q4 2023 results, highlighting progress under the Transform and Grow (TAG) Plan, including exiting the smartwatch category, closing underperforming retail stores, managing down inventories, and capturing $125 million of annualized cost savings. The company is conducting a strategic review to improve financial performance and maximize shareholder value.

Fossil Group reported a 21% decrease in worldwide net sales, with a significant operating loss compared to the previous year's operating income. The company is focused on executing its TAG Plan to reduce costs and improve profitability, expecting $100 million in annualized cost savings for 2023.

Fossil Group reported a 13% decrease in worldwide net sales, totaling $322 million. The company's operating loss was $35 million, compared to $11 million in the same quarter last year. The Transform and Grow Plan was expanded to $300 million in annualized operating income benefits by the end of 2025.

Fossil Group's first quarter 2023 saw a decrease in net sales by 14% to $325 million, driven by declines in all regions and wholesale channels. However, direct-to-consumer net sales increased by 8% in constant currency, with comparable retail sales growth of 13%. The company also extended its licensing agreements with Diesel and Armani.

Fossil Group, Inc. reported a decrease in fourth-quarter worldwide net sales to $499 million, a 17% decrease on a reported basis. The company's operating income also decreased to $1.3 million, compared to $47.2 million in the same quarter of the previous year. The company is implementing a Transform and Grow Plan to improve financial performance.

Fossil Group's third-quarter results were in line with expectations despite global macro headwinds. Worldwide net sales decreased by 11% on a reported basis, and operating income also declined compared to the previous year. The company is focusing on capturing efficiencies and driving growth through its digital roadmap and updated FOSSIL brand strategy.

Fossil Group, Inc. reported a decrease in worldwide net sales by 10% to $371 million, with an operating loss of $11 million. The company is adjusting its full year outlook to reflect softening consumer demand and ongoing inflationary pressure.

Fossil Group reported a strong third quarter with net sales increasing by 13% and operating income rising to $48 million. The company's focus on strategic priorities and effective expense management led to an adjusted operating margin of 11%.

Fossil Group reported a strong second quarter with net sales increasing by 59% to $410.9 million. The company's operating income improved significantly to $14.3 million, compared to an operating loss of $36.8 million in the same quarter last year. Based on the strong year-to-date performance, Fossil Group is raising its 2021 outlook.

Fossil Group, Inc. reported a 7% decrease in worldwide net sales to $363 million, but experienced a 40% growth in digital sales. The company's gross margin improved to 50.3%, and operating expenses were reduced by $75 million. The operating loss was reduced to $17 million, and the company achieved its New World Fossil 2.0 program financial targets.

Fossil Group, Inc. reported a decrease in worldwide net sales of 26% for Q4 2020. Despite the decline, the company saw strength in digital sales and sales in Mainland China. The company reduced operating expenses by $68 million and achieved an operating income of $18 million compared to an operating loss in the previous year.

Fossil Group reported a decrease in worldwide net sales by 19% to $435 million, but outperformed topline expectations due to growth in e-commerce and Mainland China. The company achieved an operating income of $18 million, a significant improvement from the previous year's operating loss of $9 million, driven by gross margin expansion and cost reduction efforts.

Fossil Group's Q2 2020 net sales decreased by 48% due to COVID-19 related store closures, but e-commerce sales increased significantly. The company reduced operating expenses and maintained a strong cash position. They are not providing full year guidance due to macro uncertainties.

Fossil Group's worldwide net sales totaled $390.7 million, a decrease of 16% compared to the first quarter of fiscal 2019. The company reported a net loss of $85.6 million, or ($1.69) per diluted share, compared to a net loss of $12.2 million, or ($0.25) per diluted share, in the first quarter of 2019. As of April 4, 2020, the Company had total liquidity of $278 million, comprised of $245 million of cash and cash equivalents and $33 million of availability under its revolving credit facility.

Fossil Group's Q4 2019 results were impacted by lower than expected performance in older generation connected products and ongoing softness in the department store channel. Worldwide net sales decreased by 10% to $711.6 million. The company reported a net loss of $6.9 million, or ($0.14) per diluted share.