RICHARDSON, Texas (AP) — RICHARDSON, Texas (AP) — Fossil Group Inc. (FOSL) on Wednesday reported a loss of $18.6 million in its fourth quarter.
The Richardson, Texas-based company said it had a loss of 33 cents per share. Losses, adjusted for restructuring costs and to extinguish debt, came to 15 cents per share.
The watch and accessories maker posted revenue of $280.5 million in the period.
For the year, the company reported a loss of $78.3 million, or $1.45 per share. Revenue was reported as $1 billion.
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