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

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

Fossil Group, Inc. Reports Second Quarter 2021 Financial Results; Raises Full Year Outlook

August 11, 2021 4:15 PM EDT

RICHARDSON, Texas, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the second quarter ended July 3, 2021.

Second Quarter Fiscal 2021 Summary

Worldwide net sales of $411 million increased 59%, or 51% on a constant currency basis. Net sales performance was strong in all three regions, led by a 64% increase in the Americas on a constant currency basis and continued momentum in mainland China, which recorded net sales growth of 38% on a constant currency basis. Net sales through all... More