Fossil Group Q3 Adj $(0.93) Down From $0.12 YoY, Sales $344.10M Down From $436.30M YoY
Portfolio Pulse from Benzinga Newsdesk
Fossil Group reported Q3 losses of $(0.93) per share, a 875% decrease from the same period last year. Sales also decreased by 21.13% to $344.10 million from $436.30 million YoY.
November 08, 2023 | 9:24 pm
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Fossil Group's Q3 earnings report shows significant losses and a decrease in sales compared to the same period last year.
Fossil Group's Q3 earnings report shows a significant decrease in both earnings per share and sales compared to the same period last year. This is likely to negatively impact investor sentiment and could lead to a decrease in the company's stock price in the short term.
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