Detail akcie Fossil Group online

Business Summary: Fossil Group, Inc. is a design, marketing and distribution company that specializes in consumer fashion accessories. The Company’s principal offerings include a line of men's and women's fashion traditional watches, smartwatches, jewelry, handbags, small leather goods, belts and sunglasses. Its segments include Americas, Europe and Asia. The Americas is comprised of sales from its operations in the United States, Canada and Latin America. Europe segment is comprised of sales to customers based in European countries, the Middle East and Africa. Asia segment is comprised of sales to customers based in Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea and Thailand. The Company's owned brands include FOSSIL, SKAGEN, MICHELE, RELIC and ZODIAC and licensed brands ARMANI EXCHANGE, DIESEL, DKNY, EMPORIO ARMANI, KATE SPADE NEW YORK, MICHAEL KORS, and TORY BURCH. Its products are distributed through wholesale, retail stores, commercial Website, and others.
Financial Summary: BRIEF: For the 13 weeks ended 30 March 2024, Fossil Group Inc revenues decreased 22% to $254.9M. Net loss decreased 41% to $24.3M. Revenues reflect Americas segment decrease of 20% to $110M, Europe segment decrease of 26% to $78.7M, Asia Pacific segment decrease of 18% to $65.5M. Lower net loss reflects Corporate segment loss decrease of 20% to $51.2M, Europe segment income increase of 6% to $7.4M.