Fossil Group, Inc.

Fossil Group reported a net loss of $(10.6) million on net sales of $209.7 million for the 13 weeks ended July 4, 2026, compared to a net loss of $(2.1) million on net sales of $220.4 million in the prior year quarter. For the 26-week period, the company posted a net loss of $(11.3) million, an improvement from $(19.9) million in the prior year, despite a decrease in net sales to $434.4 million. The company also noted a decrease in cash and cash equivalents and an increase in long-term debt.

Fossil Group reported second-quarter 2026 financial results with net sales of $209.7 million, a 4.9% decrease year-over-year. Despite the sales decline, the company achieved a significant gross margin expansion of 490 basis points to 62.4% and constant currency adjusted operating income doubled to $8.6 million. The company also raised its full-year 2026 financial outlook, anticipating a return to top-line growth in the fourth quarter, improved profitability, and positive free cash flow.

Fossil Group, Inc. announced second quarter 2026 financial results, reporting worldwide net sales of $210 million, a 4.9% decrease year-over-year. Despite the sales decline, the company achieved significant gross margin expansion of 490 basis points to 62.4% and doubled its constant currency adjusted operating income to $9 million. Driven by performance ahead of expectations and ongoing business momentum, Fossil Group raised its full-year 2026 financial outlook, anticipating a return to top-line growth in the fourth quarter, improved profitability, and positive free cash flow generation.

Fossil Group, Inc. announced it will release its second quarter 2026 financial results after market close on Wednesday, August 12, 2026. Following the release, the company will host a conference call at 5:00 p.m. ET on the same day to discuss the results. Investors can access the live call and an archived replay on the company's investor relations website.

Fossil Group, Inc. announced that its 2026 Annual Meeting of Stockholders will be held on October 2, 2026. The Board of Directors set August 3, 2026, as the record date for the meeting. Stockholders wishing to submit proposals or director nominations must do so by July 30, 2026, to the Company's Secretary.

Fossil Group, Inc. announced its upcoming inclusion in the Russell 2000 Index, effective June 26, 2026. CEO Franco Fogliato stated that this move is expected to enhance the company's visibility among investors as it continues to execute its turnaround plan and pursue long-term profitable growth. The Russell 2000 Index is a key benchmark for the small-cap segment of the U.S. equity market.

Fossil Group, Inc. announced its participation in the TD Cowen 10th Annual Future of the Consumer Conference, scheduled for June 3, 2026, in New York City. Chief Executive Officer Franco Fogliato and Chief Financial Officer Randy Greben will meet with investors throughout the day at the event.

Fossil Group reported a significant reduction in its net loss for the first quarter of 2026, narrowing to $0.81 million from $17.58 million in the prior year, despite a 3.7% decrease in net sales to $224.76 million. The company also achieved a positive operating income of $12.05 million, a substantial improvement from an operating loss of $6.75 million in the previous year, largely due to an 87% reduction in restructuring expenses. Cash and cash equivalents decreased to $81.38 million, while long-term debt increased to $193.02 million.

Fossil Group reported first quarter 2026 financial results, with worldwide net sales totaling $224.8 million, a 3.6% decrease on a reported basis. Despite the sales decline, the company significantly improved its profitability, achieving an operating income of $12.0 million compared to a $6.7 million loss in the prior year, and narrowing its net loss to $0.8 million. The CEO highlighted strong execution against the turnaround plan and healthy watch industry trends. The company reiterated its full-year 2026 outlook, expecting a return to top-line growth in the fourth quarter.

Fossil Group, Inc. filed an Amendment No. 1 on Form 10-K/A to its Annual Report for fiscal year 2025. The amendment includes previously omitted information for Items 10 through 14 of Part III, covering directors, executive officers, corporate governance, executive compensation, security ownership, related transactions, and principal accountant fees. It also updates the number of outstanding common stock shares and includes new certifications.