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US’ Fossil raises FY26 outlook as Q3 profit rebounds

Fossil Group raised its FY26 outlook after returning to profit in Q3, with net income of $11.7 million versus a $39.9 million loss.
Net sales increased 0.4 per cent to $271.2 million, or 2 per cent in constant currency, led by Asia, wholesale and traditional watches.
It now expects FY26 net sales of $980-990 million, adjusted operating margin of 5.5-6.5 per cent and positive free cash flow.Fossil Group raised its FY26 outlook after returning to profit in Q3, with net income of $11.7 million versus a $39.9 million loss.
Net sales increased 0.4 per cent to $271.2 million, or 2 per cent in constant currency, led by Asia, wholesale and traditional watches.
It now expects FY26 net sales of $980-990 million, adjusted operating margin of 5.5-6.5 per cent and positive free cash flow.

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