Brief: Fossil Group Raises Full Year Outlook

Fossil

11/08/2021 22:57

Aug 11 (Reuters) - Fossil Group Inc  FOSL.O :
    * FOSSIL GROUP, INC. REPORTS SECOND QUARTER 2021 FINANCIAL
RESULTS; RAISES FULL YEAR OUTLOOK
    * Q2 SALES ROSE 59 PERCENT TO $411 MILLION
    * Q2 LOSS PER SHARE $0.02
    * QTRLY NET SALES PERFORMANCE WAS STRONG IN ALL THREE
REGIONS, LED
BY A 64% INCREASE IN AMERICAS ON A CONSTANT CURRENCY BASIS
    * FOR FISCAL YEAR 2021, COMPANY IS RAISING ITS OUTLOOK FOR
WORLDWIDE NET SALES GROWTH TO APPROXIMATELY 14% TO 17%
    * FOR 13-WEEK QUARTER ENDING OCTOBER 2, 2021, WORLDWIDE NET
SALES
ARE EXPECTED TO INCREASE IN RANGE OF 5% TO 10%

Source text for Eikon:  ID:nGNX6WqWcM 
Further company coverage:  FOSL.O 

 ((Reuters.Briefs@thomsonreuters.com;))