Fossil Group (FOSL) Reports Q3 EPS of $0.31
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Fossil Group, Inc. Reports Third Quarter 2020 Financial Results
November 11, 2020 4:05 PM ESTRICHARDSON, Texas, Nov. 11, 2020 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the third quarter ended October 3, 2020.
Third Quarter Summary
Worldwide net sales of $435 million decreased 19% on a reported basis and 20% in constant currency. Topline performance was better than expected, due to continued strength in both owned and third party e-commerce, strong growth in Mainland China and modest improvement within the wholesale channel globally. On a constant currency basis, sales from the Company's owned e-commerce websites increased 66% and third... More
