earnings
confidence high
sentiment positive
materiality 0.75
Fossil Q2 net sales $220M, operating income $8M, raises FY2025 guidance
Fossil Group, Inc.
2025-Q2 EPS
reported -$0.37
vs consensus -$0.21
▼ miss
(-72.7%)
- Net sales of $220M; gross margin expanded 490bps to 57.5%.
- Operating income of $8M (3.9% margin); adjusted operating income $4M (1.7% margin) on constant currency basis.
- CEO cites third consecutive quarter of positive adjusted operating income; turnaround plan gaining traction.
- Raises full-year 2025 top and bottom line outlook, citing year-to-date outperformance and momentum.
- Separate refinancing plan announced to strengthen balance sheet and increase liquidity.
item 2.02item 9.01