RICHARDSON, Texas (AP) — RICHARDSON, Texas (AP) — Fossil Group Inc. (FOSL) on Thursday reported a loss of $32 million in its third quarter.
On a per-share basis, the Richardson, Texas-based company said it had a loss of 60 cents. Losses, adjusted for restructuring costs and asset impairment costs, came to 51 cents per share.
The watch and accessories maker posted revenue of $287.8 million in the period.
Fossil Group expects full-year revenue of $1.1 billion.
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