Fossil Group (FOSL) Tops Q2 EPS by 9c; offers outlook
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Financial Fact:
Diluted weighted average common shares outstanding: 48.29M
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Fossil Group (NASDAQ: FOSL) reported Q2 EPS of ($0.13), $0.09 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $209.7 million versus the consensus estimate of $199.33 million.
Financial Outlook
The Company is raising financial guidance for the full year 2026 to reflect the strength of year-to-date results and continuing progress under its turnaround plan.
Worldwide net sales to decline 3% to 5%, with a return to growth in the fourth quarter
Adjusted operating margin(1) in the range of 4% to 6%
Positive free cash flow(2)
For earnings history and earnings-related data on Fossil Group (FOSL) click here.
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