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Fossil (NASDAQ:FOSL) stock sank 13% postmarket after the watch manufacturer issued a disappointing forecast for 2022. FOSL expects 2022 worldwide net sales growth of ~2-6%, with stronger Y/Y growth coming in H2. The outlook assumes a negative forex impact of ~250 bps based on prevailing rates...
Fossil press release (NASDAQ:FOSL): Q4 Non-GAAP EPS of $0.64. Revenue of $604.2M (+14.4% Y/Y). Shares -3% AH. "For full year 2022, we expect worldwide net sales growth of approximately 2% to 6%, with stronger year-over-year growth coming in the second half of the year. The Company also expect...
Full Year 2021 Worldwide Net Sales Up 16% to $1.9 Billion Profitability Improved Significantly with Full Year Diluted EPS of $0.48 and Adjusted EPS of $1.12 Provides 2022 Outlook RICHARDSON, Texas, March 09, 2022 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL...
RICHARDSON, Texas, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report financial results for the fourth quarter and full year 2021 after market close on Wednesday, March 9, 2022, followed by a conference call to discuss the results at 5:00...
Fossil Group has had a tumultuous operating history, with years of declining sales and struggling profits. 2021 marked an improvement for the firm, but it's unclear how long such improvement will last. Shares do look extremely cheap, but this is balanced against the volatility and...
The jewelry industry is exhibiting significant growth, supported by an increase in the adoption of technology and a post-pandemic spike in consumer spending. Around this year’s Valentine's Day, jewelry demand is hovering near its peak. Thus, we think jewelry companies Signet Jewelers (...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
Fossil Group Appoints New Fossil Brand General Manager to Lead Flagship Brand PR Newswire RICHARDSON, Texas , Dec. 8, 2021 /PRNewswire/ -- Fossil Group, Inc. (NASDAQ: FOSL) (the "Company" or "Fossil Group"), a global design, marketing, distribution and innovation...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
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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 c...
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 a...
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 mill...