Fossil Group (FOSL) Tops Q1 EPS by 35c

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Fossil Group, Inc. Reports First Quarter 2019 Results

May 8, 2019 4:03 PM EDT

First Quarter Net Sales of $465 Million; Diluted EPS (Loss) of $(0.25)

Provides Second Quarter and Updates Annual Fiscal 2019 Guidance

RICHARDSON, Texas, May 08, 2019 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) (the Company or Fossil Group) today reported its financial results for the first quarter ended March 30, 2019.

The Company reported net income (loss) for the first quarter of fiscal 2019 of $(12.2) million compared to $(48.3) million for the first quarter of fiscal 2018.  Diluted earnings (loss) per share were $(0.25), as compared to... More