Fossil Group, Inc. FOSL

Healthcare SIC 3873 - Watches, Clocks, Clockwork Operated Devices/Parts NAICS Manufacturing › Computer and Electronic Product Manufacturing › Navigational, Measuring, Electromedical, and Control Instruments Manufacturing › Other Measuring and Controlling Device Manufacturing derived Nasdaq

We are a design, innovation and distribution company specializing in consumer fashion accessories. Our products include watches, jewelry, handbags, small leather goods, belts and sunglasses. We design, develop, market and distribute products under our owned brands FOSSIL, SKAGEN, MICHELE, RELIC and ZODIAC and licensed brands ARMANI EXCHANGE, DIESEL, EMPORIO ARMANI, MICHAEL KORS, SKECHERS and TORY BURCH. Based on our range of accessory products, brands, distribution channels and price points, we are able to target style-conscious consumers across a wide age spectrum on a global basis.

In September 2024, we appointed Franco Fogliato as Chief Executive Officer and a member of the Company's Board of Directors (the "Board") and moved quickly to implement change and create a plan to return the Company to profitable growth (the "Turnaround Plan"). Our Turnaround Plan was centered on three key areas: (i) refocusing on our core, (ii) rightsizing our cost structure, and (iii) strengthening our balance sheet. The first key area, refocusing on our core, included workstreams such as:

Last close 6.60 2026-10-23
Market cap $390.3M 2026-07-04 share count
52-week range 1.70 - 7.39

Valuation FY2026 figures against the last close

P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS—

Annual financial statements

Income statement

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue —$1.00B$1.14B$1.41B$1.68B$1.87B$1.61B$2.22B$2.54B$2.79B
Cost of revenue —$441.3M$547.8M$732.8M$851.8M$903.7M$843.0M$1.12B$1.20B$1.43B
Gross profit —$563.1M$597.2M$679.6M$830.7M$966.4M$770.4M$1.10B$1.34B$1.36B
R&D —$0$0$19.4M$29.1M$27.2M$25.9M$32.4M$38.2M$42.8M
SG&A —$540.1M$638.8M$777.2M$823.7M$842.6M$835.1M$1.07B$1.22B$1.33B
Total operating expenses —$582.2M$701.1M$822.6M$832.2M$873.7M$905.7M$1.13B$1.28B$1.78B
Operating income —-$19.1M-$103.9M-$143.0M-$1.5M$92.6M-$135.3M-$28.4M$62.7M-$424.3M
Interest expense —$20.2M$19.0M$21.8M$19.2M$25.1M$31.8M$29.9M$42.5M$43.2M
Pre-tax income —-$49.8M-$118.1M-$156.1M-$22.1M$53.1M-$172.0M-$31.3M$20.2M-$453.8M
Income tax —$28.1M$11.8M$522.0K$21.4M$26.4M$76.0M$18.7M$21.1M$19.8M
Net income —-$77.8M-$106.3M-$156.7M-$43.5M$26.6M-$95.9M-$50.0M-$938.0K-$473.6M
EPS, basic —-1.45-1.94-3.00-0.850.49-1.88-1.04-0.07-9.87
EPS, diluted —-1.45-1.94-3.00-0.850.48-1.88-1.04-0.07-9.87
Shares, diluted (wtd. avg.) —54.1M53.0M52.3M51.8M52.8M51.1M50.2M49.2M48.5M

Balance sheet

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash and equivalents —$95.8M$123.6M$117.2M$204.1M$264.6M$324.2M$207.7M$410.9M$231.7M
Receivables —$144.6M$162.2M$187.9M$206.1M$255.1M$229.8M$289.7M$328.0M$367.0M
Inventory —$151.8M$178.6M$252.8M$376.0M$346.9M$295.3M$452.3M$377.6M$573.8M
Total current assets —$467.8M$554.5M$710.7M$945.3M$1.02B$990.5M$1.06B$1.26B$1.29B
Property, plant and equipment —$34.1M$41.6M$57.2M$79.9M$89.8M$114.0M$151.5M$183.2M$219.7M
Goodwill —————————$0
Total assets —$689.3M$763.6M$978.0M$1.24B$1.37B$1.48B$1.60B$1.58B$1.66B
Accounts payable —$132.5M$157.6M$147.2M$191.1M$229.9M$178.2M$172.2M$169.6M$205.0M
Short-term debt —$4.0M$2.2M$500.0K$300.0K$500.0K$40.5M$25.2M$125.4M$900.0K
Total current liabilities —$301.8M$326.6M$342.5M$425.9M$535.6M$558.5M$559.2M$605.8M$509.1M
Long-term debt —$201.1M$165.9M$212.1M$223.0M$150.0M$210.3M$203.0M$267.3M$440.3M
Retained earnings —-$162.6M-$84.3M$18.4M$175.5M$229.1M$203.7M$299.8M$381.6M$409.7M
Total equity —$102.8M$148.7M$251.7M$403.0M$465.4M$440.0M$503.8M$588.6M$580.9M

Cash flow

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating cash flow —-$57.9M$46.7M-$59.5M-$110.9M$50.0M$101.2M-$14.2M$248.1M$179.5M
Depreciation and amortisation —$13.1M$16.0M$19.1M$23.3M$29.6M$43.1M$54.8M$67.6M$81.0M
Stock-based compensation —$2.3M$2.9M$5.7M$8.1M$9.5M$11.1M$15.8M$23.0M$30.4M
Capital expenditure —$2.6M$6.8M$8.5M$13.3M$10.3M$8.7M$20.9M$18.0M$25.5M
Investing cash flow —$22.1M$4.0M-$9.9M-$8.6M$7.1M-$10.6M$18.7M-$15.6M-$24.9M
Financing cash flow —-$5.0M-$50.2M-$13.6M$53.0M-$112.6M$10.8M-$208.5M-$62.7M-$201.7M
Buybacks —$164.0K$114.0K$530.0K$12.4M$2.4M$727.0K$4.2M$2.9M$1.2M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-197497.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B 0 1B 2B 3B Revenue, FY2017: 2.8B Gross profit, FY2017: 1.4B Net income, FY2017: -473.6M Revenue, FY2018: 2.5B Gross profit, FY2018: 1.3B Net income, FY2018: -938K Revenue, FY2019: 2.2B Gross profit, FY2019: 1.1B Net income, FY2019: -50M Revenue, FY2020: 1.6B Gross profit, FY2020: 770.4M Net income, FY2020: -95.9M Revenue, FY2021: 1.9B Gross profit, FY2021: 966.4M Net income, FY2021: 26.6M Revenue, FY2022: 1.7B Gross profit, FY2022: 830.7M Net income, FY2022: -43.5M Revenue, FY2023: 1.4B Gross profit, FY2023: 679.6M Net income, FY2023: -156.7M Revenue, FY2024: 1.1B Gross profit, FY2024: 597.2M Net income, FY2024: -106.3M Revenue, FY2025: 1B Gross profit, FY2025: 563.1M Net income, FY2025: -77.8M FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026
Fiscal year FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue $2.79B $2.54B $2.22B $1.61B $1.87B $1.68B $1.41B $1.14B $1.00B —
Gross profit $1.36B $1.34B $1.10B $770.4M $966.4M $830.7M $679.6M $597.2M $563.1M —
Net income -$473.6M -$938.0K -$50.0M -$95.9M $26.6M -$43.5M -$156.7M -$106.3M -$77.8M —

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Material agreement signed Item 1.01
  • Results announced Item 2.02
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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