Fossil Group, Inc. — Third Quarter 2026 Earnings Summary

Fossil Group, Inc. reported third-quarter 2026 worldwide net sales of $271.2 million, representing a 0.4% increase on a reported basis and a 2.0% increase in constant currency compared to the prior year. The company achieved a gross margin of 59.8%, an improvement of 10.8 percentage points year-over-year, driven by reduced licensed brand royalties and improved product margins. Operating income turned positive at $25.3 million, or 9.3% of sales, contrasting with a $21.7 million operating loss in the same period last year. Consequently, Fossil Group raised its full-year 2026 financial outlook, projecting worldwide net sales between $980 million and $990 million and an adjusted operating margin between 5.5% and 6.5%.