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Fossil Group(FOSL) - 2024 Q3 - Quarterly Results
FOSLFossil Group(FOSL)2024-11-07 21:18
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Exhibit 99.1 FOSSIL GROUP, INC. REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS Remains On Track to Achieve at Least 100MillionofAnnualizedSavingsin2024UnderTAGPlanUpdatesFullYearOutlookRichardson,TX,November7,2024(GLOBENEWSWIRE)−FossilGroup,Inc.(NASDAQ:FOSL)todayannouncedfinancialresultsforthefiscalthirdquarterendedSeptember28,2024.ThirdQuarterSummary•Thirdquarterworldwidenetsalesdecreasedto100 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 ...