Fossil CEO says turnaround is ahead of plan as sales return to growth

Fossil Group said its turnaround is ahead of schedule as the watchmaker returned to sales growth and profitability, with CEO Kosta Kartsotis pointing to the company's first top-line expansion in years. The results mark an early validation of the restructuring plan, which has focused on cutting costs and revamping its product lineup amid weak demand for traditional watches. Investors will watch whether the sales momentum carries into coming quarters and whether margins hold as the company continues its turnaround.