Fossil Group Inc

NASDAQ:FOSLUnited States

Nov 7, 2024

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• -- Earnings Flash (FOSL) FOSSIL GROUP Reports Q3 Loss $-0.51, from 4:21PM ET on Thursday Nov 07, 2024 by MT Newswires

  4:21PM ET on Thursday Nov 07, 2024 by MT Newswires
  Companies Mentioned: FOSL
  04:21 PM EST, 11/07/2024 (MT Newswires) -- ...

• -- Earnings Flash (FOSL) FOSSIL GROUP Reports Q3 Revenue $287.8M, from 4:21PM ET on Thursday Nov 07, 2024 by MT Newswires

  4:21PM ET on Thursday Nov 07, 2024 by MT Newswires
  Companies Mentioned: FOSL
  04:21 PM EST, 11/07/2024 (MT Newswires) -- ...

• Fossil Group, Inc. Reports Third Quarter 2024 Financial Results, from 4:15PM ET on Thursday Nov 07, 2024 by Dow Jones

  4:15PM ET on Thursday Nov 07, 2024 by Dow Jones
  Companies Mentioned: FOSL
  (expense) - net 3.6 -- -- 3.6 Income (loss) before income taxes (25.8) 1.0 4.8 (20.0) Provision (benefit) for income taxes 6.2 0.2 1.0 7.4 Less: Net income attributable to noncontrolling interest -- -- -- -- Net income (loss) attributable to Fossil Group, Inc. $(32.0) $ 0.8 $ 3.8 $ (27.4) Diluted earnings (loss) per share $(0.60) $ 0.02 $ 0.07 $ (0.51) For the 13 Weeks Ended September 30, 2023 ------------------------------------------------------------------------ Other ($ in millions, Long-Lived except per share As Restructuring Asset Restructuring data): Reported Cost of Sales Impairment Expenses As Adjusted ---------- ----------------- ----------- -------------- ------------ Operating income (loss) $(46.4) $ (1.3) $ 0.6 $ 16.0 $ (31.1) Operating margin (% of net sales) (13.5)% (9.0)% Interest expense (5.8) -- -- -- (5.8) Other income (expense) - net (3.1) -- -- -- (3.1) Income (loss) before income taxes (55.2) (1.3) 0.6 16.0 (39.9) Provision for income taxes 5.6 (0.3) 0.1 3.4 8.8 Less: Net income attributable to noncontrolling interest (0.3) -- -- -- (0.3) Net income (loss) attributable to Fossil Group, Inc. $(61.1) $ (1.0) $ 0.5 $ 12.6 $ (49.0) Diluted earnings (loss) per share $(1.16) $ (0.02) $ 0.01 $ 0.24 $ (0.93) For the 39 Weeks Ended September 28, 2024 ------------------------------------------------------------------------ Other ($ in millions, Long-Lived except per share As Restructuring Asset Restructuring data): Reported Cost of Sales Impairment Expenses As Adjusted ---------- ----------------- ----------- -------------- ------------ Operating income (loss) $(87.7) $ (0.2) $ 1.9 $ 31.6 $ (54.4) Operating margin (% of net sales) (10.9)% (6.8)% Interest expense (14.1) -- -- -- (14.1) Other income (expense) - net 9.0 -- -- -- 9.0 Income (loss) before income taxes (92.8) (0.2) 1.9 31.6 (59.5) Provision (benefit) for income taxes 2.3 -- 0.4 6.6 9.3 Less: Net income attributable to noncontrolling interest -- -- -- -- -- Net income (loss) attributable to Fossil Group, Inc. $(95.1) $ (0.2) $ 1.5 $ 25.0 $ (68.8) Diluted earnings (loss) per share $(1.80) $ -- $ 0.03 $ 0.47 $ (1.30) For the 39 Weeks Ended September 30, 2023 -------------------------------------------------------------------- Other ($ in millions, Long-Lived except per share Restructuring Asset Restructuring As data): As Reported Cost of Sales Impairment Expenses Adjusted ----------- -------------- ----------- -------------- ---------- Operating income (loss) $(119.0) $ 6.8 $ 0.8 $ 27.7 $ (83.7) Operating margin (% of net sales) (12.0)% (8.4)% Interest expense (16.1) -- -- -- (16.1) Other income (expense) - net 6.8 -- -- -- 6.8 Income (loss) before income taxes (128.3) 6.8 0.8 27.7 (93.0) Provision for income taxes -- 1.4 0.2 5.8 7.4 Less: Net income attributable to noncontrolling interest (0.6) -- -- -- (0.6) Net income (loss) attributable to Fossil Group, Inc. $(128.9) $ 5.4 $ 0.6 $ 21.9 $(101.0) Diluted earnings (loss) per share $ (2.47) $ 0.10 $ 0.01 $ 0.42 $ (1.94)
  

• *DJ Fossil Group 3Q Loss/Shr 60c >FOSL, from 4:15PM ET on Thursday Nov 07, 2024 by Dow Jones

  4:15PM ET on Thursday Nov 07, 2024 by Dow Jones
  Companies Mentioned: FOSL