earnings
confidence high
sentiment positive
materiality 0.75
Fossil Q1 net sales $225M, op income $12M, reiterates FY outlook
Fossil Group, Inc.
- Net sales of $225M; gross margin 59.9%.
- Operating income $12M (5.4% margin); constant-currency adjusted op income $10M (4.4%).
- Reiterates 2026 outlook, expects return to top-line growth in Q4.
- CEO Franco Fogliato cites strong execution and healthy watch industry trends.