Fossil Group

Fossil reported an adjusted loss of $0.13 per share for Q2/2026 (expectation: -$0.22) and revenue of $209.7 million, with both metrics beating estimates. Gross margin rose to 62.4% and adjusted operating income doubled year-on-year, prompting management to raise the full-year guidance for revenue decline and operating margin and to now expect positive free cash flow for 2026. The company sees early successes from its turnaround plan, especially in traditional watches and in India; the stock gained significantly in after-hours trading. » Mais em de.investing.com

Fossil Group reported Q4 2025 EPS of -$0.15, missing the $0.02 estimate. Revenue was $280.5 million, slightly above guidance, while quarterly sales fell 20%; full-year revenue was $1 billion. Management emphasizes a turnaround strategy with margin improvements and cost cuts but still expects negative EPS for 2026 (forecast -$0.39). The stock was stable in after-hours trading, suggesting mixed investor reactions. » Mais em de.investing.com

At the 2025 annual general meeting, shareholders elected eight directors to the board and voted by majority in favor of the non-binding executive compensation. Deloitte & Touche was confirmed as the independent auditor for fiscal year 2026. Earlier, Fossil reported mixed Q3 results: revenue of $270.2 million beat expectations, while adjusted loss per share of -$0.63 was below estimates. S&P Global Ratings upgraded the rating after a debt-restructuring agreement from SD to CCC+ with a negative outlook; the debt exchange pushed maturities out to January 2029. » Mais em de.investing.com