Fossil Group (FOSL) Reports Q2 Loss of $0.44/sh
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Fossil Group, Inc. Reports Second Quarter 2020 Financial Results
August 12, 2020 4:01 PM EDTRICHARDSON, Texas, Aug. 12, 2020 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the second quarter ended July 4, 2020.
Second Quarter Summary
Worldwide net sales of $259 million decreased 48% on a reported basis and 47% in constant currency. The year-over-year decline primarily reflects COVID-19 related impacts on a global basis, including retail and wholesale closures, throughout much of the quarter.On a constant currency basis, sales from the Company's owned e-commerce websites increased 138% and third party... More