Fossil Group, Inc. Reports Third Quarter 2026 Financial Results
Globe Newswire•10/11/2026•16:05 ET
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Key Highlights
- ➤Q3 net sales $271.2 million, up 0.4% reported and 2.0% constant currency
- ➤Gross margin expands 10.8 percentage points to 59.8%
- ➤Operating income reaches $25.3 million versus a $21.7 million loss
- ➤Net income $11.7 million, or $0.19 per diluted share, versus a $39.9 million loss
- ➤2026 outlook raised to $980 million-$990 million sales and 5.5%-6.5% adjusted margin
Expert Statements
Franco Fogliato, CEO of Fossil Group, Inc.
“Our strong third quarter results reflect momentum across brands, channels and geographies and demonstrate that our product innovation and storytelling is connecting with consumers around the globe.”
Franco Fogliato, CEO of Fossil Group, Inc.
“The three strategic pillars under our turnaround plan are translating to top line growth and accelerating profitability.”
Franco Fogliato, CEO of Fossil Group, Inc.
“We are pleased that year-to-date results are outpacing our expectations, supporting an increase in our full year financial outlook on both the top and bottom line.”
Franco Fogliato, CEO of Fossil Group, Inc.
“Our teams are continuing to deliver strong execution and we believe we are just at the beginning of our long-term growth journey, providing us with confidence in our ability to drive lasting shareholder value.”
Reported worldwide net sales of $271 million increase 0.4%; Constant currency worldwide net sales up 2.0%
Third quarter operating income of $25 million and operating margin of 9%; constant currency adjusted operating income of $30 million and constant currency adjusted operating margin of 11%
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