Fossil Group (FOSL) Reports Q4 Loss of $0.18

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Go back to Fossil Group (FOSL) Reports Q4 Loss of $0.18

Fossil Group, Inc. Reports Fourth Quarter and Full Year 2022 Results

March 8, 2023 4:16 PM EST

Outlines Transform and Grow Strategy; Provides 2023 Outlook

RICHARDSON, Texas, March 08, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fourth quarter and fiscal year ended December 31, 2022.

Fourth Quarter and Full Year Summary

Fourth quarter worldwide net sales decreased to $499 million, down 17% on a reported basis and 12% in constant currency with sales declines across all regions. Growth in the Companys direct to consumer channel was offset by declines in... More