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Fossil Group, Inc. Reports Third Quarter 2024 Financial Results
FOSLFossil Group(FOSL) GlobeNewswire News Room·2024-11-07 21:15

Remains On Track to Achieve at Least 100MillionofAnnualizedSavingsin2024UnderTAGPlanUpdatesFullYearOutlookRICHARDSON,Texas,Nov.07,2024(GLOBENEWSWIRE)FossilGroup,Inc.(NASDAQ:FOSL)todayannouncedfinancialresultsforthefiscalthirdquarterendedSeptember28,2024.ThirdQuarterSummaryThirdquarterworldwidenetsalesdecreasedto100 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 ...