FOSL News & Events

Reports Q1 revenue $224.8M vs. $233.3M last year. Sales were unfavorably impacted by 690 basis points as a result of Q1 FY26 including 13 weeks as compared to 14 weeks in the prior year quarter, while wholesale sales increased 5% and direct to consumer sales decreased 29% on a constant currency basis. "We are pleased to begin the year with outperformance on the top and bottom line, fueled by strong execution against our turnaround and healthy watch industry trends," said CEO Franco Fogliato.

Sees FY26 adjusted operating margin 3%-5%. The company also expects free cash flow to be break-even and anticipates a return to top line growth in Q4.

InMobi announced the official launch of InMobi Ad Experiences. This enhanced full-funnel solution combines the company's proprietary first-party data and inventory from Glance, its consumer agentic commerce platform with nearly two decades of programmatic scale to drive peak advertising outcomes for brands along with a peak consumer experience. FOSSIL brand, part of Fossil Group, InMobi's inaugural brand partner for Ad Experiences, deployed it for its BIG TIC spring campaign across a multi-screen beta.