10:53 AM EDT, 07/01/2024 (MT Newswires) -- Fossil Group ( FOSL ) said Monday it has appointed Andrew Skobe as interim chief financial officer, effective immediately.

Skobe previously served as CFO of Radisson Hotel Group.

CFO Sunil Doshi is leaving Fossil Group ( FOSL ) for another opportunity, but will remain with the company through July 19 as it looks for a new CFO, it said.

The company also said it continues to expect 2024 worldwide net sales of about $1.2 billion. No analyst estimates were available on Capital IQ for comparison.

Fossil Group ( FOSL ) shares were down 2.4% in recent trading.

Price: 1.41, Change: -0.03, Percent Change: -2.43