Fossil Cuts Stores for Profitable Growth | Phoenix News

Fossil is aggressively trimming its retail footprint, targeting up to fifteen more store closures by end of 2026 as part of a cost-cutting push to boost profitability — after already shuttering 49 underperformers last year. Despite a slight Q1 sales dip, the company’s net loss has shrunk and operating income improved, signaling financial stabilization. Surprisingly, full-price stores are outperforming expectations, prompting Fossil to slow closures and refocus on smarter, more profitable store operations — not total abandonment of brick-and-mortar. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/80742daac340078d