FOSL

Fossil Group, Inc. Announces Date for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

Retrieved on: 
Wednesday, March 6, 2024

RICHARDSON, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report financial results for the fourth quarter and full year 2023 after market close on Wednesday, March 13, 2024, followed by a conference call to discuss the results at 5:00 p.m.

Key Points: 
  • RICHARDSON, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report financial results for the fourth quarter and full year 2023 after market close on Wednesday, March 13, 2024, followed by a conference call to discuss the results at 5:00 p.m.
  • ET the same day.
  • The call can be accessed live on the Company’s investor relations website at www.fossilgroup.com/investors and will also be archived for replay.

Fossil Group, Inc. Confirms Receipt of Director Nominations From Buxton Helmsley Group, Inc.

Retrieved on: 
Tuesday, February 20, 2024

Fossil’s Board and management team are committed to serving the best interests of the Company and its stockholders.

Key Points: 
  • Fossil’s Board and management team are committed to serving the best interests of the Company and its stockholders.
  • We regularly engage with stockholders and welcome constructive feedback on our shared goal of driving sustained stockholder value.
  • Since September 15, 2023, the date of BHG’s first letter to the Company, Fossil has repeatedly offered to engage with BHG, but each offer was rejected by BHG.
  • Fossil stockholders are not required to take any action at this time.

BUXTON HELMSLEY NOMINATES FOUR HIGHLY QUALIFIED DIRECTORS TO FOSSIL GROUP BOARD TO HELP END YEARS OF SHAREHOLDER SUFFERING

Retrieved on: 
Tuesday, February 20, 2024

NEW YORK, Feb. 20, 2024 /PRNewswire/ -- The Buxton Helmsley Group, Inc. (together with certain of its affiliates, "BHG" or "we"), which has an approximate 1.4% interest in Fossil Group, Inc. ("Fossil" or the "Company") (NASDAQ: FOSL), today announced its intention to nominate four highly qualified director candidates to the Fossil Board of Directors (the "Board") at the Company's 2024 Annual Meeting of Shareholders.

Key Points: 
  • Alexander Parker, Senior Managing Director at BHG, said, "Fossil is a beloved brand that has delighted millions of customers for years.
  • "Given the Board's abysmal judgement and failure to oversee management for years, the need for immediate change at Fossil is abundantly clear.
  • As a result, Buxton Helmsley is nominating four highly qualified directors with the required skillsets, financial and operational acumen, track records of creating shareholder value, and integrity to restore Fossil's credibility and rebuild trust with investors.
  • She is also Head of Strategy, Consulting at Seramount, a professional services and research firm committed to advancing high-performing, inclusive workplaces.

Fossil Group Selects NewStore Omnichannel Platform to Transform its Shopping Experience Globally

Retrieved on: 
Tuesday, November 28, 2023

BOSTON and RICHARDSON, Texas, Nov. 28, 2023 /PRNewswire/ -- NewStore, a modular, mobile-first omnichannel cloud platform for retail brands worldwide, today announced Fossil Group, Inc. (NASDAQ: FOSL) is now using the company's technology globally to reimagine the shopping experience across its Fossil, Fossil Outlet, and Watch Station stores. The lifestyle accessories company has replaced its legacy store solution with the NewStore mobile point-of-sale (mPOS), which will be live in hundreds of locations across 19 countries once the project is complete.

Key Points: 
  • BOSTON and RICHARDSON, Texas, Nov. 28, 2023 /PRNewswire/ -- NewStore , a modular, mobile-first omnichannel cloud platform for retail brands worldwide, today announced Fossil Group, Inc. (NASDAQ: FOSL) is now using the company's technology globally to reimagine the shopping experience across its Fossil , Fossil Outlet , and Watch Station stores.
  • "The NewStore platform is a significant leap in Fossil Group's mission to deliver a seamless and unified customer experience.
  • By replacing its legacy, on-premise system with NewStore, Fossil Group has unlocked the benefits of a global, fully cloud-based POS.
  • "NewStore represents a significant, strategic partner for Fossil on our continued journey to invest in the retail and omnichannel experience.

Fossil Group, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023

RICHARDSON, Texas, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal third quarter ended September 30, 2023.

Key Points: 
  • RICHARDSON, Texas, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal third quarter ended September 30, 2023.
  • As a percentage of net sales, operating expenses were 60.5% in the third quarter of 2023 compared to 45.2% in the prior year third quarter.
  • Operating margin was (13.5)% in the third quarter of 2023 compared to 5.2% in the prior year third quarter.
  • Adjusted operating margin was (9.0)% in the third quarter of 2023 compared to 5.3% in the prior year third quarter.

Fossil Group, Inc. Announces Date for Third Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Friday, October 27, 2023

RICHARDSON, Texas, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report financial results for the third quarter 2023 after market close on Wednesday, November 8, 2023, followed by a conference call to discuss the results at 5:00 p.m.

Key Points: 
  • RICHARDSON, Texas, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report financial results for the third quarter 2023 after market close on Wednesday, November 8, 2023, followed by a conference call to discuss the results at 5:00 p.m.
  • ET the same day.
  • The call can be accessed live on the Company’s investor relations website at www.fossilgroup.com/investors and will also be archived for replay.

Fossil Group, Inc. to Participate in B. Riley Securities 2023 Consumer Conference

Retrieved on: 
Wednesday, September 6, 2023

RICHARDSON, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that the Company will participate in the B. Riley Securities 2023 Consumer Conference on September 14, 2023.

Key Points: 
  • RICHARDSON, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that the Company will participate in the B. Riley Securities 2023 Consumer Conference on September 14, 2023.
  • Sunil Doshi, Chief Financial Officer, and Holly Briedis, Chief Customer Officer, will participate in a fireside chat and host one-on-one meetings the same day.

Fossil Group, Inc. Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 9, 2023

RICHARDSON, Texas, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal second quarter ended July 1, 2023.

Key Points: 
  • RICHARDSON, Texas, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal second quarter ended July 1, 2023.
  • As a percentage of net sales, operating expenses were 59.6% in the second quarter of 2023 compared to 54.5% in the prior year second quarter.
  • Operating margin was (11.0)% in the second quarter of 2023 compared to (2.9)% in the prior year second quarter.
  • Adjusted operating margin was (8.6)% in the second quarter of 2023 compared to (2.1)% in the prior year second quarter.

Fossil Group, Inc. Announces Date for Second Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Wednesday, July 26, 2023

RICHARDSON, Texas, July 26, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report financial results for the second quarter 2023 after market close on Wednesday, August 9, 2023, followed by a conference call to discuss the results at 5:00 p.m.

Key Points: 
  • RICHARDSON, Texas, July 26, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report financial results for the second quarter 2023 after market close on Wednesday, August 9, 2023, followed by a conference call to discuss the results at 5:00 p.m.
  • ET the same day.
  • The call can be accessed live on the Company’s investor relations website at www.fossilgroup.com/investors and will also be archived for replay.

Fossil Group, Inc. Reports First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023

RICHARDSON, Texas, May 10, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the first quarter ended April 1, 2023.

Key Points: 
  • RICHARDSON, Texas, May 10, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the first quarter ended April 1, 2023.
  • As a percentage of net sales, operating expenses were 60.9% in the first quarter of 2023 compared to 52.8% in the prior year first quarter.
  • Operating margin was (11.5)% in the first quarter of 2023 compared to (3.8)% in the prior year first quarter.
  • Adjusted operating margin was (7.7)% in the first quarter of 2023 compared to (3.0)% in the prior year first quarter.