Fossil Group, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results [Yahoo! Finance]
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: Yahoo! Finance
RICHARDSON, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fourth quarter and fiscal year ended December 30, 2023. Separately, the Company also announced today that Kosta N. Kartsotis has stepped down as Chief Executive Officer and Jeffrey N. Boyer, Chief Operating Officer, has been appointed Interim CEO, effective immediately. “During 2023, we made solid progress under our Transform and Grow (TAG) Plan, enabling us to exit the smartwatch category, close underperforming retail stores, manage down inventories, and capture $125 million of annualized cost savings, ” said Jeffrey Boyer, Interim Chief Executive Officer. “We entered 2024 with a leaner cost structure, healthier inventory levels and sufficient liquidity. Importantly, we remain on track with our TAG Plan and expect to achieve our previously announced target of $300 million of annualized operating income benefits by the end of 2025. Additionally, we are t
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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