Fossil Group, Inc. Reports First Quarter 2022 Financial Results
Fossil Group, Inc. (FOSL)
Last fossil group, inc. earnings: 11/6 04:03 pm
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US:NASDAQ Investor Relations:
fossilgroup.com/investors
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Source: GlobeNewswire
RICHARDSON, Texas, May 11, 2022 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the first quarter ended April 2, 2022. First Quarter Highlights First quarter worldwide net sales increased to $376 million, up 4% on a reported basis and 6% in constant currency, led by constant currency sales growth of 20% and 6% in the Europe and Americas regions, respectively. Net sales for traditional watches grew 10% in constant currency, with 22% and 20% growth in the Americas and Europe regions, respectively. Operating loss of $14 million compared to $17 million a year ago. Adjusted operating loss of $11 million compared to $5 million last year. During the first quarter of fiscal 2022, the Company invested $10 million in repurchasing 989,000 shares of the Company’s common stock at an average price of $10.11 per share. “We are pleased to deliver strong first quarter revenue performance amidst an increasingly challenging macro environment,” said Kosta
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News
- Fossil Group, Inc. Announces Date for First Quarter 2024 Earnings Release and Conference CallGlobeNewswire
- Kanen Wealth Management Excoriates Fossil Board of Directors and Management for Unacceptably Slow Restructuring Plan [Yahoo! Finance]Yahoo! Finance
- Kanen Wealth Management Excoriates Fossil Board of Directors and Management for Unacceptably Slow Restructuring PlanGlobeNewswire
- Fossil Group Announces Appointment of Eugene Davis and Pamela Corrie to Board of Directors [Yahoo! Finance]Yahoo! Finance
- Fossil Group Announces Appointment of Eugene Davis and Pamela Corrie to Board of DirectorsGlobeNewswire
FOSL
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- FOSL's page on the SEC website