FOSL•Fossil Group reported third-quarter FY26 net income of $11.7 million, compared with a year-earlier loss, as net sales rose to $271.2 million. Gross margin expanded to 59.8%, and the company raised its full-year FY26 guidance.
Fossil Group swung to third-quarter FY26 net income of $11.7 million from a year-earlier loss, while net sales rose to $271.2 million. Gross margin expanded to 59.8%, benefiting from reduced licensed-brand minimum royalties and improved product margins; the company said product innovation and storytelling drew a strong consumer response.
Fossil Group raised its full-year FY26 financial guidance, citing stronger-than-expected year-to-date performance and continuing business momentum.
