reports
Fossil Group, Inc. Reports Fourth Quarter and Full Year 2024 Results
Fossil Group, Inc. Reports Fourth Quarter and Full Year 2024 Results Outlines Turnaround Plan and Long-Term Financial Targets Provides 2025 Financial Guidance RICHARDSON, Texas, March 12, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fourth quarter and fiscal year ended December 28, 2024. In a separate press release today, the Company also announced the appointment of Randy Greben as Chief Financial Officer, effective March 17, 2025. Fourth Quarter Summary Fourth quarter worldwide net sales were $342 million, down 19% on a repor...
Fossil Group, Inc. Announces Date for Fourth Quarter and Full Year 202...
Fossil Group, Inc. Announces Date for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call RICHARDSON, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report fourth quarter and full year 2024 financial results after market close on Wednesday, March 12, 2025, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company’s investor relations website at /investors and will also be archived for replay. About Fossil Group, Inc. Fossil Group, Inc. is a gl...
Fossil Group Inc: 1 director
A director at Fossil Group Inc bought 250,000 shares at 1.437USD and the significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clea...
Fossil Group, Inc. Reports Third Quarter 2024 Financial Results
Fossil Group, Inc. Reports Third Quarter 2024 Financial Results Remains On Track to Achieve at Least $100 Million of Annualized Savings in 2024 Under TAG Plan Updates Full Year Outlook RICHARDSON, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal third quarter ended September 28, 2024. Third Quarter Summary Third quarter worldwide net sales decreased to $288 million, down 16% on both a reported and constant currency basis. The results included six points of negative impact related to the Company’s ...
Fossil Group, Inc. Announces Inducement Grant Under Nasdaq Listing Rul...
Fossil Group, Inc. Announces Inducement Grant Under Nasdaq Listing Rule 5635(C)(4) RICHARDSON, Texas, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) (the “Company”) today announced that it is granting an equity award as a material inducement to the employment of the Company’s newly-hired Chief Executive Officer, Franco Fogliato. In connection with the appointment of Mr. Fogliato as Chief Executive Officer effective September 18, 2024, the Company is granting Fogliato an employment inducement award consisting of 1,500,000 time-based restricted stock units (“RSUs”) wi...
Fossil Group, Inc. Appoints Brand Veteran Franco Fogliato as CEO
Fossil Group, Inc. Appoints Brand Veteran Franco Fogliato as CEO RICHARDSON, Texas, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) (“Fossil” or the “Company”) today announced the appointment of Franco Fogliato as Chief Executive Officer and a member of the Board of Directors. He succeeds Jeffrey Boyer, Fossil’s Interim CEO, who will resume his previous role as Chief Operating Officer and step down from the Board of Directors, all effective September 18, 2024. “The Board of Directors is thrilled to welcome Franco to the Fossil team,” said Kevin Mansell, Chairman of t...
Fossil Group, Inc. Reports Second Quarter 2024 Financial Results
Fossil Group, Inc. Reports Second Quarter 2024 Financial Results Continued Operational and Financial Progress under TAG Plan Maintains Full Year 2024 Outlook RICHARDSON, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal second quarter ended June 29, 2024. Second Quarter Summary Second quarter worldwide net sales decreased to $260 million, down 19% on a reported basis and 18% in constant currency, which includes five points of negative impact related to the Company’s strategic actions to exit the smartwatch categ...
Fossil Group, Inc. Announces Date for Second Quarter 2024 Earnings Rel...
Fossil Group, Inc. Announces Date for Second Quarter 2024 Earnings Release and Conference Call RICHARDSON, Texas, July 25, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report second quarter 2024 financial results after market close on Thursday, August 8, 2024, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company’s investor relations website at /investors and will also be archived for replay. About Fossil Group, Inc. Fossil Group, Inc. is a global design, marketing, distr...
Fossil Group, Inc. Announces CFO Transition
Fossil Group, Inc. Announces CFO Transition Affirms Full Year Financial Outlook RICHARDSON, Texas, July 01, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today it has engaged Ankura Consulting Group, LLC to provide interim-CFO services and has appointed Andrew Skobe as the Company’s Interim Chief Financial Officer, effective immediately. Skobe assumes the CFO role from Sunil Doshi, who is leaving the Company for another opportunity. Doshi will remain with the Company through July 19, 2024 to ensure a smooth transition. The Company has initiated a search for a perm...
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Fossil Group, Inc. Reports First Quarter 2024 Financial Results
Fossil Group, Inc. Reports First Quarter 2024 Financial Results Maintains Full Year 2024 Outlook RICHARDSON, Texas, May 08, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the first quarter ended March 30, 2024. First Quarter Summary First quarter worldwide net sales decreased to $255 million, down 22% on a reported basis and 21% in constant currency, reflecting five points of impact related to the Company’s strategic actions to exit the smartwatch category and optimize its retail store portfolio.Gross margins expanded 300 basis points t...
Fossil Group, Inc. Announces Date for First Quarter 2024 Earnings Rele...
Fossil Group, Inc. Announces Date for First Quarter 2024 Earnings Release and Conference Call RICHARDSON, Texas, April 24, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report first quarter 2024 financial results after market close on Wednesday, May 8, 2024, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company’s investor relations website at /investors and will also be archived for replay. About Fossil Group, Inc. Fossil Group, Inc. is a global design, marketing, distribu...
Fossil Group Announces Appointment of Eugene Davis and Pamela Corrie t...
Fossil Group Announces Appointment of Eugene Davis and Pamela Corrie to Board of Directors RICHARDSON, Texas, March 25, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (“Fossil” or the “Company”, NASDAQ: FOSL) today announced that Eugene I. Davis has been appointed to the Board of Directors (the “Board”), effective March 24, 2024. Mr. Davis will serve as a member of the Board’s Audit Committee. The Company also announced that it has entered into a Cooperation Agreement with shareholder The Buxton Helmsley Group, Inc. (“BHG”). Pursuant to the Cooperation Agreement, the Company will welcome BH...
Fossil Group, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results
Fossil Group, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results Worldwide Net Revenue and Adjusted Operating Margin in Line with GuidanceAnnounces Strategic Review to Maximize Shareholder ValueCompany Provides Full Year 2024 Outlook 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...
Fossil Group, Inc. Announces Leadership Changes
Fossil Group, Inc. Announces Leadership Changes Jeffrey N. Boyer Named Interim CEO and Director Kevin Mansell Becomes Chairman of the Board of Directors RICHARDSON, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (“Fossil” or “the Company”, NASDAQ: FOSL) today announced that Kosta N. Kartsotis is stepping down from his position as Chief Executive Officer and a member of the Board of Directors (the “Board”), effective immediately. To ensure a seamless transition, Kartsotis will remain with the Company in a transitional role until September 2024 and, thereafter, will provide ...
Fossil Group, Inc. Announces Date for Fourth Quarter and Full Year 202...
Fossil Group, Inc. Announces Date for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call RICHARDSON, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report financial results for the fourth quarter and full year 2023 after market close on Wednesday, March 13, 2024, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company’s investor relations website at /investors and will also be archived for replay. About Fossil Group, Inc. Fossil Group,...
Fossil Group, Inc. Confirms Receipt of Director Nominations From Buxto...
Fossil Group, Inc. Confirms Receipt of Director Nominations From Buxton Helmsley Group, Inc. RICHARDSON, Texas, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (“Fossil” or “the Company”, NASDAQ: FOSL) today issued the following statement in response to notice that The Buxton Helmsley Group, Inc. (“BHG”) has nominated four candidates to the Fossil Board of Directors (the “Board”) at the Company’s 2024 Annual Meeting of Stockholders (the “Annual Meeting”). Fossil’s Board and management team are committed to serving the best interests of the Company and its stockholders. We regularly ...
Fossil Group, Inc. Reports Third Quarter 2023 Financial Results
Fossil Group, Inc. Reports Third Quarter 2023 Financial Results Updates Full Year 2023 Outlook RICHARDSON, Texas, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal third quarter ended September 30, 2023. Third Quarter Summary Third quarter worldwide net sales totaled $344 million, decreasing 21%. Net sales in the Company’s direct to consumer channels were down 12% in constant currency, with a comparable retail sales decrease of 6%. Net sales in our wholesale channels were down 25%. The Company’s global owned ecommerce ...
Fossil Group, Inc. Announces Date for Third Quarter 2023 Earnings Rele...
Fossil Group, Inc. Announces Date for Third Quarter 2023 Earnings Release and Conference Call RICHARDSON, Texas, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report financial results for the third quarter 2023 after market close on Wednesday, November 8, 2023, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company’s investor relations website at /investors and will also be archived for replay. About Fossil Group, Inc. Fossil Group, Inc. is a global design, marketi...
Fossil Group, Inc. to Participate in B. Riley Securities 2023 Consumer...
Fossil Group, Inc. to Participate in B. Riley Securities 2023 Consumer Conference RICHARDSON, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that the Company will participate in the B. Riley Securities 2023 Consumer Conference on September 14, 2023. Sunil Doshi, Chief Financial Officer, and Holly Briedis, Chief Customer Officer, will participate in a fireside chat and host one-on-one meetings the same day. About Fossil Group, Inc. Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle a...
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