Fossil Group (FOSL) Reports Q1 Loss of $0.33, provides outlook
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Fossil Group (NASDAQ: FOSL) reported Q1 EPS of ($0.33). Revenue for the quarter came in at $233.3 million.
Outlook
The Company is reiterating the following financial guidance for full year 2025, which assumes no material change in the macroeconomic environment or broader consumer demand. Worldwide net sales guidance includes an expected impact of approximately $45 million related to retail store closures and excludes potential asset sales. Worldwide net sales and adjusted operating income margin guidance exclude impacts from foreign currency.
Worldwide net sales decline in the range of mid to high teens.
Adjusted operating income(1) margin in the negative low single digits.
For earnings history and earnings-related data on Fossil Group (FOSL) click here.
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