secwatch.observer — SEC 8-K summary
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Issuer:     Fossil Group, Inc. (FOSL)
CIK:        0000883569
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0000883569-22-000010
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fossil Group Q1 net sales $376M (+6% constant currency), operating loss narrows to $14M
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- Net sales of $376M, up 4% reported (6% constant currency), with Europe +20% and Americas +6%.
- Operating loss of $14M vs $17M a year ago; adjusted operating loss $11M vs $5M.
- Traditional watch sales grew 10% constant currency; Americas +22%, Europe +20%.
- Repurchased 989,000 shares for $10M at average price $10.11 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883569/000088356922000010/0000883569-22-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883569/000088356922000010/fosl-20220511.htm
  HTML page:      https://secwatch.observer/filing/0000883569-22-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer