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Fossil Group, Inc. - $FOSL STOCK NEWS

Welcome to our dedicated page for Fossil Group news (Ticker: $FOSL), a resource for investors and traders seeking the latest updates and insights on Fossil Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fossil Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fossil Group's position in the market.

Rhea-AI Summary
Fossil Group to report Q3 2023 financial results on November 8, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5%
Tags
-
Rhea-AI Summary
Fossil Group, Inc. to participate in B. Riley Securities 2023 Consumer Conference on Sept. 14, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.46%
Tags
conferences
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Rhea-AI Summary
Fossil Group announces financial results for Q2 2023, with worldwide net sales decreasing by 13%. The company is expanding its Transform and Grow Plan to generate $300 million of annualized operating income benefits by the end of 2025. The expanded plan aims to achieve adjusted gross margins in the low to mid 50% range and adjusted operating margins of approximately 10%. Fossil Group also updates its full year 2023 outlook, expecting net sales declines of approximately 5% to 10% and adjusted operating margin of -2% to -4%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.64%
Tags
Rhea-AI Summary
Fossil Group, Inc. (NASDAQ: FOSL) to Report Q2 2023 Financial Results and Host Conference Call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.54%
Tags
-
Rhea-AI Summary
Fossil Group reports first quarter financial results, with worldwide net sales decreasing by 14% and operating loss of $37 million. The company extended licensing agreements with Diesel and Giorgio Armani.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.87%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.51%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.68%
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none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.85%
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-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.55%
Tags
management
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.04%
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Fossil Group, Inc.

Nasdaq:FOSL

FOSL Rankings

FOSL Stock Data

69.34M
47.67M
10.31%
61.39%
9.51%
Other Measuring and Controlling Device Manufacturing
Manufacturing
Link
United States of America
RICHARDSON

About FOSL

fossil group, inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. under a diverse portfolio of owned and licensed brands, our offerings include fashion watches, jewelry, handbags, small leather goods and wearables. with our newest owned brand, misfit, we’re bringing style and technology to the high-growth connected space. we’re committed to delivering the best in design and innovation across our owned brands, fossil, michele, misfit, relic, skagen and zodiac, and licensed brands, adidas, armani exchange, burberry, chaps, diesel, dkny, emporio armani, karl lagerfeld, kate spade new york, marc jacobs, michael kors and tory burch. we bring each brand story to life through an extensive wholesale distribution network across 150 countries and over 600 retail locations. (nasdaq: fosl)