Fossil Group management cites margin gains, cost cuts as drivers of Q3 2026 adjusted operating income growth

• Fossil Group management commentary reported Q3 2026 sales rose 2% to $276 million, supported by product innovation and stronger brand performance.
• Sales benefited from approximately $10 million in wholesale shipments shifted from Q4; store closures reduced growth by approximately 190 basis points.
• Gross margin expanded 10.9 percentage points to 59.9%, reflecting lower royalty guarantees, revised amortization timing and improved product margins.
• Adjusted operating income reached $30 million, up $45 million; fewer stores and lower compensation costs helped reduce operating expenses.
• Management raised full-year sales guidance to $980 million–$990 million, with an adjusted operating margin outlook of 5.5%–6.5%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fossil Group Inc. published the original content used to generate this news brief on November 10, 2026, and is solely responsible for the information contained therein.