Fossil Group Inc expected to post a loss of 42 cents a share - Earnings Preview
Fossil Group Inc expected to post a loss of 42 cents a share - Earnings Preview
Fossil Group Inc FOSL.OQ FOSL.O is expected to show a fall in quarterly revenue when it reports results on August 12 for the period ending June 30 2026
The Richardson Texas-based company is expected to report a 9.6% decrease in revenue to $199.328 million from $220.4 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Fossil Group Inc is for a loss of 42 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Fossil Group Inc is $7.00, about 30.1% above its last closing price of $5.38
The company's guidance on May 13 2026 for the period ended June 30 was for gross profit margin between 55% and 58%.
This summary was machine generated August 10 at 22:12 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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