Fossil Group Q2 EPS $(0.40) Down From $(0.33) YoY, Sales $322.00M Down From $371.20M YoY
Portfolio Pulse from Benzinga Newsdesk
Fossil Group reported Q2 losses of $0.40 per share, a 21.21% decrease YoY. Sales also decreased by 13.25% to $322.00 million compared to the same period last year.
August 09, 2023 | 8:16 pm
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NEGATIVE IMPACT
Fossil Group's Q2 earnings report shows a decrease in both EPS and sales compared to last year, indicating a challenging period for the company.
Fossil Group's Q2 earnings report shows a decrease in both earnings per share and sales compared to the same period last year. This indicates that the company is facing challenges in its operations, which could negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100