| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 220.39 | 5.5% | 23.4% |
| Total Income | 220.39 | 5.5% | 23.4% |
| Expenditure | 211.90 | 11.7% | 32.1% |
| PBT | 4.13 | 128.5% | 116.0% |
| Net Profit | -2.29 | 87.0% | 92.8% |
| OPM | 3.85% | 6.74pp | 12.35pp |
| NPM | -1.04% | 6.49pp | 10.09pp |
| EPS | -0.04 | 87.9% | 93.3% |
Fossil Group Reports Q3 2025 Net Sales of $270 Million
04 May 2026 · 4 May, 7:14 am
Summary
Fossil Group, Inc. announced its financial results for the third quarter ended October 4, 2025. Net sales totaled $270.2 million, a decrease of 6.1% compared to the prior year. The company reported an operating loss of $22 million, with an operating margin of (8)%. The company completed a balance sheet transformation, which is expected to provide increased liquidity and financial flexibility. The company is reiterating its financial guidance for the full year 2025, expecting worldwide net sales to decline in the mid-teens.
Key Highlights
- 1
Third quarter 2025 worldwide net sales totaled $270 million.
- 2
The company reported a third quarter operating loss of $22 million, representing an operating margin of (8)%.
- 3
Constant currency adjusted operating loss was $15 million with a constant currency adjusted operating margin of (6)%.
- 4
Net sales decreased by 6.1% on a reported basis and 7.1% in constant currency compared to the third quarter of fiscal 2024.
- 5
Inventories decreased by 26% versus a year ago, totaling $166.8 million.
- 6
The company completed a balance sheet transformation, strengthening its financial position subsequent to the quarter end.
Management Comments
Franco Fogliato
“We are pleased to report another quarter of progress and momentum under our turnaround as our teams continue to deliver superior execution against the three key pillars of our plan. Importantly, this week we completed the successful transformation of our balance sheet,” “The balance sheet refinancing represents a pivotal milestone in our turnaround and allows us to turn the page to Fossil Group’s next chapter. Over the past year, we’ve built a consumer-focused, brand-led operating model, strengthened our gross margin profile, rightsized our cost structure and fortified our balance sheet. Looking ahead, this foundational platform gives us tremendous confidence that the business is positioned to deliver long-term profitable growth.”
Informational and educational content only. Not investment advice.