The Richardson, Texas-based watch specialist announced on Wednesday that it achieved net income of $31.4 million in the third quarter, close to double the $16.0 million reported by the company in the prior-year period.
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16 published items with the word (s) or phrase Kosta Kartsotis in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Fossil earnings almost double in third quarter")
Fossil earnings almost double in third quarter -
![]( "Fossil Group sales jump 59% in Q2, raises FY21 outlook")
Fossil Group sales jump 59% in Q2, raises FY21 outlookFossil Group, the watches and lifestyle accessories specialist, has reported a 59 per cent sales acceleration to $410.9m in Q2 of FY21 ended on July 3, compared to $259m a year ago.
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![]( "Fossil Group boosts digital transformation with new executive hire")
Fossil Group boosts digital transformation with new executive hireAs the Richardson, Texas-based accessories company continues its digital transformation, it has announced the appointment of Holly Briedis as executive vice president and chief digital officer.
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![]( "Fossil swings to profit in third quarter")
Fossil swings to profit in third quarterThe Richardson, Texas-based watch and accessories group reported Q3 earnings of $16.0 million on Wednesday, progress which led shares in the company to shoot up more than 32% in after-hours trading.
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![]( "Fossil's Q1 hit by pandemic, losses widen but cost savings grow too")
Fossil's Q1 hit by pandemic, losses widen but cost savings grow tooWatchmaking giant Fossil had a tough time in Q1 as the effects of the global pandemic hurt its operations all over the world. But things could have been worse and its Q1 global net sales fell ’only’ 16% to $390.7m.
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![]( "Fossil Group puts Beth Moeri in charge of its brand portfolio")
Fossil Group puts Beth Moeri in charge of its brand portfolioThe US watches and accessories specialist announced that Beth Moeri (formerly at Pandora) has joined the group as executive vice president, Portfolio Brands.
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![]( "Citizen enters the smartwatch market with Fossil")
Citizen enters the smartwatch market with FossilCitizen Watch Company is entering the smartwatch market through a technology licensing partnership with Fossil Group.
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![]( "Fossil comes alive as stock jumps 79 percent on short squeeze")
Fossil comes alive as stock jumps 79 percent on short squeezeFossil Group shares soared 79 percent in early trading on Wednesday as short sellers rushed to cover their positions, a day after the watchmaker posted a better-than-expected increase in sales in the holiday quarter.
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![]( "Fossil, Movado battle for smartwatch market share at Baselworld")
Fossil, Movado battle for smartwatch market share at BaselworldFossil and Movado will unveil smartwatches for new entrants DKNY and Montblanc at Baselworld this week, while eyeing growth opportunities in the category and vying for supremacy in the market.
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![]( "Fossil optimistic about wearables following sales slump")
Fossil optimistic about wearables following sales slumpFourth quarter net sales fell 3% and full year net sales decreased 6% due in part to a negative impact from a strong US dollar. The company remains optimistic in the growth of its wearables business.
