Fossil

Q2 FY2026 EarningsFOSSIL GROUP, INC. (FOSL) reported Q2 FY26 revenue of $209.7M, beating the $199.3M consensus by 5.2%. Gross margin significantly outperformed expectations at 62.4% vs. the 56.0% mean forecast, driven by sourcing initiatives and a transition to full-price selling. Despite higher interest costs from debt restructuring, the GAAP EPS of -$0.18 was substantially better than the -$0.36 expected. However, the store rationalization plan and geopolitical headwinds in Europe (sales down 17% YoY) continue to pressure top-line growth.