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Fossil Group (FOSL) Reports Q2 Loss of $0.44/sh

August 12, 2020 4:03 PM

Fossil Group (NASDAQ: FOSL) reported Q2 EPS of ($0.44), versus ($0.15) reported last year. Revenue for the quarter came in at $259 million, versus $501 million reported last year.

2020 Outlook

In light of macro uncertainties and fluid COVID-19 impacts, the Company is not providing full year financial guidance at this time. The Company currently anticipates that third quarter worldwide net sales will decline in the range of 35% to 45%, reflecting continued contraction in retail and wholesale, partly offset by ongoing strength in e-commerce channels.

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

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Earnings Guidance

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