Fossil raises FY2026 outlook; Q2 net sales $210M, gross margin 62.4%, op income $3M

Fossil Group, Inc.

Q2 2026 net sales totaled $210M; gross margin expanded 490 bps to 62.4% from prior-year quarter.
Operating income of $3M (2% margin); constant currency adjusted operating income of $9M (4% margin), roughly double YoY.
Raises full year 2026 outlook: expects Q4 return to top-line growth, improved profitability, positive free cash flow.
CEO Franco Fogliato cites broad-based strength across core brands, channels and key geographies; H1 outperformance.

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