FOSSIL

Fossil Group, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023

RICHARDSON, Texas, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal third quarter ended September 30, 2023.

Key Points: 
  • RICHARDSON, Texas, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal third quarter ended September 30, 2023.
  • As a percentage of net sales, operating expenses were 60.5% in the third quarter of 2023 compared to 45.2% in the prior year third quarter.
  • Operating margin was (13.5)% in the third quarter of 2023 compared to 5.2% in the prior year third quarter.
  • Adjusted operating margin was (9.0)% in the third quarter of 2023 compared to 5.3% in the prior year third quarter.

Fossil Group, Inc. Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 9, 2023

RICHARDSON, Texas, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal second quarter ended July 1, 2023.

Key Points: 
  • RICHARDSON, Texas, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal second quarter ended July 1, 2023.
  • As a percentage of net sales, operating expenses were 59.6% in the second quarter of 2023 compared to 54.5% in the prior year second quarter.
  • Operating margin was (11.0)% in the second quarter of 2023 compared to (2.9)% in the prior year second quarter.
  • Adjusted operating margin was (8.6)% in the second quarter of 2023 compared to (2.1)% in the prior year second quarter.

Fossil Group, Inc. Reports First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023

RICHARDSON, Texas, May 10, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the first quarter ended April 1, 2023.

Key Points: 
  • RICHARDSON, Texas, May 10, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the first quarter ended April 1, 2023.
  • As a percentage of net sales, operating expenses were 60.9% in the first quarter of 2023 compared to 52.8% in the prior year first quarter.
  • Operating margin was (11.5)% in the first quarter of 2023 compared to (3.8)% in the prior year first quarter.
  • Adjusted operating margin was (7.7)% in the first quarter of 2023 compared to (3.0)% in the prior year first quarter.

Fossil Group, Inc. Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, March 8, 2023

RICHARDSON, Texas, March 08, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fourth quarter and fiscal year ended December 31, 2022.

Key Points: 
  • RICHARDSON, Texas, March 08, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fourth quarter and fiscal year ended December 31, 2022.
  • As a percentage of net sales, operating expenses were 46.9% in the fourth quarter of 2022 compared to 42.2% in the prior year fourth quarter.
  • Operating margin was 0.3% in the fourth quarter of 2022 compared to 7.8% in the prior year fourth quarter.
  • Adjusted operating margin was 0.6% in the fourth quarter of 2022 compared to 8.8% in the prior year fourth quarter.

Joergen Scheuer-Larsen joins Altar'd State as company's first CIO

Retrieved on: 
Tuesday, February 1, 2022

Scheuer-Larsen will lead all technology for the company's family of brands, which include Arula and Vow'd.

Key Points: 
  • Scheuer-Larsen will lead all technology for the company's family of brands, which include Arula and Vow'd.
  • Scheuer-Larsen joins Altar'd State with over twenty years of experience at iconic global brands including FOSSIL Group Inc., LEGO Systems, and Carlsberg Breweries Denmark, as well as serving in the Danish military.
  • This varied experience has helped mold an executive with broad-ranging skills in leadership, technology, IT strategy, infrastructure and transformation.
  • Altar'd State is a rapidly growing women's fashion brand with 122 Altar'd State stores, 23 Arula boutiques, andfive Vow'd boutiques in 38 states.