Fossil Group (FOSL) Reports Q2 Loss of $0.33

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Fossil Group, Inc. Reports Second Quarter 2022 Financial Results

August 10, 2022 4:15 PM EDT

RICHARDSON, Texas, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the second quarter ended July 2, 2022.

Second Quarter Summary

Second quarter worldwide net sales decreased to $371 million, down 10% on a reported basis and 5% in constant currency, reflecting declines across all three regions. FOSSIL brand sales increased 7% in constant currency with double digit growth in traditional watches, jewelry and leathers partially offset by declines in... More