Fossil Group (FOSL) Reports Q2 Loss of $0.02/sh

Fossil Group (NASDAQ: FOSL) reported Q2 EPS of ($0.02), versus ($0.44) reported last year. Revenue for the quarter came in at $411 million, versus $259 million reported last year.

Outlook:

For fiscal year 2021, the Company is raising its outlook for worldwide net sales growth to approximately 14% to 17% and full year Adjusted EBITDA(1) margin guidance to 6% to 8%. For the 13-week quarter ending October 2, 2021, worldwide net sales are expected to increase in the range of 5% to 10% compared to the 13-week quarter ended October 3, 2020.

For earnings history and earnings-related data on Fossil Group (FOSL) click here.

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