Brief: Fossil Group Inc Reports Fourth Quarter And Full Year 2020 Results

Fossil

10/03/2021 22:05

March 10 (Reuters) - Fossil Group Inc  FOSL.O :
    * FOSSIL GROUP, INC. REPORTS FOURTH QUARTER AND FULL YEAR
2020
RESULTS; ANNOUNCES FULL YEAR 2021 FINANCIAL OUTLOOK
    * Q4 LOSS PER SHARE $0.08
    * SEES FY 2021 SALES UP ABOUT 10 TO 15 PERCENT
    * Q4 SALES $528.1 MILLION
    * COMPANY ANTICIPATES THAT IMPACTS FROM COVID-19 WILL
CONTINUE TO
PRESSURE SALES IN Q1 OF 2021
    * ON A CONSTANT CURRENCY BASIS, Q4 DIGITAL SALES INCREASED
25%
COMPARED TO PRIOR YEAR

Source text for Eikon:  ID:nGNX2rwZjM 
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