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Benzinga

Business

Akanksha Bakshi

Fossil Stock Slides On Q1 Results: Revenue Miss, Lowered FY22 Guidance

Fossil FOSL Nasdaq United States

Fossil Group Inc (NASDAQ:FOSL) reported first-quarter sales growth of 4% year-over-year to $375.9 million and +6% on a constant currency basis, missing the consensus of $435.50 million.

Adjusted EPS was $(0.37), down from $(0.29) in 1Q21.

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