Company Reports Q1 Revenue of $224.8M, Down Year-over-Year
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.
