Fossil Group (FOSL) Reports Q3 EPS of $0.60

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Go back to Fossil Group (FOSL) Reports Q3 EPS of $0.60

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

November 10, 2021 4:15 PM EST

RICHARDSON, Texas, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the third quarter ended October 2, 2021.

Third Quarter Fiscal 2021 Summary

Worldwide net sales of $492 million increased 13%, or 11% on a constant currency basis, reflecting growth across all three regions. Net sales through all digital channels grew 28% and 97%, on a constant currency basis, compared to the third quarter of fiscal 2020 and 2019, respectively, and represented 40% of worldwide net sales. Operating income increased to $48 million, or 10% of sales, compared to $18 million, or... More