India, Nov. 11 -- Shares of Fossil Group, Inc. (FOSL) surged 27% on Wednesday after the lifestyle accessories company reported a return to profitability in the third quarter and raised its full-year 2026 outlook.
The stock is trading at $9.96, up $2.09 or 26.52%. It opened at $9.72 after closing the previous session at $7.87. The stock has traded between $1.70 and $10.55 over the past 52 weeks.
Third-quarter net income was $11.7 million, or $0.19 per share, compared with a net loss of $39.9 million, or $0.76 per share, a year earlier. Adjusted earnings per share were $0.23, versus an adjusted loss of $0.63 per share.
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