Fossil Group Q2 EPS $(0.47) Down From $(0.40) YoY, Sales $260.00M Down From $322.00M YoY
Portfolio Pulse from Benzinga Newsdesk
Fossil Group (NASDAQ:FOSL) reported a Q2 EPS of $(0.47), down from $(0.40) YoY, and sales of $260.00M, down from $322.00M YoY.
August 08, 2024 | 8:25 pm
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Fossil Group reported a Q2 EPS of $(0.47), a 17.5% decrease from $(0.40) YoY, and sales of $260.00M, a 19.25% decrease from $322.00M YoY.
The significant YoY decrease in both EPS and sales indicates a decline in financial performance, likely leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100