OXFORD, United Kingdom, Dec. 05, 2024 (GLOBE NEWSWIRE) -- In a world increasingly shaped by the dual crises of climate change and economic instability, the Oxford Department of Economics, in collaboration with EBC Financial Group (EBC), hosted a pivotal session in the "What Economists Really Do?" (WERD) series. The event brought together leading minds from academia and finance to explore actionable strategies for aligning economic systems with environmental sustainability while addressing pressing societal ...

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Fossil Group, Inc. (NASDAQ:FOSL) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Christine Greany - The Blueshirt Group Franco Fogliato - Director & CEO Andrew Skobe - Interim CFO Conference Call Participants Operator Good afternoon, ladies and gentlemen, and welcome to the Fossil Group Third Quarter 2024 Earnings Call. At this time, all parties are in listen-only mode. This conference call is being recorded and may not be reproduced in whole or in part without written perm ...

For the third quarter of 2024, Fossil Group, Inc. (FOSL) incurred an adjusted net loss per share of 51 cents, narrower than the adjusted loss of 93 cents per share in the prior-year period. Revenues totaled $287.8 million, reflecting a 16.4% decrease from $344.1 million a year ago. This was largely driven by weakness across categories and channels, and by strategic moves such as exiting the smartwatch segment and closing certain retail locations, which impacted revenue by six percentage points. Fossil's qua ...

Exhibit 99.1 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, TX, November 7, 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 basi ...

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 ...

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 Manse ...

Fossil Group, Inc. (FOSL) incurred a net loss per share of 73 cents for the second quarter of 2024, wider than the net loss of 51 cents in the same period last year. This widening loss was primarily driven by a decline in sales and substantial restructuring costs. Net sales for the quarter stood at $260 million, reflecting a 19.3% year-over-year decrease from $322 million in the second quarter of 2023. The sharp decline in revenues was due to reduced sales across key categories and geographies, exacerbated ...

Fossil Group, Inc. (NASDAQ:FOSL) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Christine Greany - The Blueshirt Group Jeff Boyer - Interim Chief Executive Officer Andy Skobe - Interim Chief Financial Officer Conference Call Participants Operator Good afternoon, ladies and gentlemen and welcome to the Fossil Group Second Quarter 2024 Earnings Call. [Operator Instructions] This conference call is being recorded and may not be reproduced in whole or in part without written per ...

Exhibit 99.1 FOSSIL GROUP, INC. REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS Continued Operational and Financial Progress under TAG Plan Maintains Full Year 2024 Outlook Richardson, TX, AUGUST 8, 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 ...