Fossil Group Reports Narrower Q2 Loss, Raises 2025 Outlook

Fossil Group reported Q2 2025 adjusted net loss of 10 cents per share, narrower than a loss of 47 cents per share in the prior-year quarter. Net sales declined 15.2% to $220.4 million, but profitability metrics improved. The company closed 47 stores, reduced its global store base to 214, and lowered inventories by 11.9% YoY. Fossil Group CEO Franco Fogliato emphasized the effectiveness of its turnaround plan, citing cost control, gross margin strength, and a newly announced refinancing plan.