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FOSL

Fossil Group, Inc.

FOSL

Fossil Group, Inc. • NASDAQ
$3.01 ▼ -1.31% (-0.04)
Market Cap $159.92 M
52w High $4.40
52w Low $0.86
Dividend Yield 0%
P/E -2.37
Volume 338.95K
Outstanding Shares 53.13M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $270.201M ▲ $154.106M ▲ $-39.869M ▼ -14.755% ▼ $-0.76 ▼ $-27.911M ▼
Q2-2025 $220.388M ▼ $118.241M ▼ $-2.294M ▲ -1.041% ▲ $-0.043 ▲ $11.421M ▼
Q1-2025 $233.293M ▼ $149.739M ▼ $-17.576M ▼ -7.534% ▼ $-0.33 ▼ $12.594M ▼
Q4-2024 $342.297M ▲ $208.41M ▲ $-7.559M ▲ -2.208% ▲ $-0.14 ▲ $23.848M ▲
Q3-2024 $287.819M $166.692M $-32.031M -11.129% $-0.6 $-14.792M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $83.546M ▼ $701.027M ▼ $604.949M ▲ $112.606M ▼
Q2-2025 $109.862M ▲ $704.514M ▲ $570.603M ▲ $150.27M ▲
Q1-2025 $78.291M ▼ $686.018M ▼ $561.609M ▼ $140.582M ▼
Q4-2024 $123.598M ▲ $763.567M ▼ $626.843M ▼ $148.703M ▼
Q3-2024 $106.308M $812.408M $650.5M $164.377M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-2.101M ▼ $9.423M ▲ $20.235M ▲ $-1.53M ▼ $32.125M ▲ $8.619M ▲
Q1-2025 $3.886M ▲ $-60.356M ▼ $702K ▲ $10.239M ▲ $-45.328M ▼ $-60.641M ▼
Q4-2024 $-11.265M ▲ $30.509M ▲ $-102K ▼ $-16.403M ▼ $15.855M ▲ $28.481M ▲
Q3-2024 $-31.93M ▲ $-22.815M ▼ $7.234M ▲ $15.67M ▲ $1.656M ▲ $-24.116M ▼
Q2-2024 $-38.785M $38.364M $-1.758M $-44.773M $-7.782M $36.619M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Jewelry
Jewelry
 $30.00M ▲$60.00M ▲$20.00M ▼$20.00M ▲
Leathers
Leathers
 $20.00M ▲$60.00M ▲$20.00M ▼$20.00M ▲
Products Other
Products Other
 $10.00M ▲$10.00M ▲$10.00M ▲$0 ▼
Smartwatches
Smartwatches
 $0 ▲$10.00M ▲$0 ▼$0 ▲
Traditional Watches
Traditional Watches
 $220.00M ▲$460.00M ▲$180.00M ▼$180.00M ▲
Watches
Watches
 $230.00M ▲$470.00M ▲$190.00M ▼$180.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Over the past several years, Fossil’s sales have trended down, and the business has struggled to stay consistently profitable. Gross profit is still reasonable relative to sales, but it has not been strong enough to cover operating costs, leading to recurring operating losses in most recent years. There was a brief return to profit earlier in the period, but that proved temporary. Recent results show continued pressure on revenue with only modest improvement in losses, which suggests the turnaround is still in the early innings and not yet reflected in stable earnings.

Balance Sheet

Balance Sheet Fossil’s balance sheet has been gradually shrinking, with total assets and cash both drifting lower over time. Debt has come down from earlier peaks but still represents a heavy load compared with the reduced equity base, which has been eroded by repeated losses. The result is a more fragile capital structure: there is less cushion to absorb shocks, and the company has less flexibility than it once did. The key question going forward is whether the turnaround can stabilize equity and keep debt at manageable levels.

Cash Flow

Cash Flow Cash generation has been uneven and thin. Operating cash flow flipped between positive and negative several times over the last five years, and free cash flow followed the same pattern. Recent years show only modest positive cash inflows at best, which leave limited room for error. On the plus side, Fossil spends conservatively on capital expenditures, but that also implies less room for heavy reinvestment. Overall, the cash picture points to a company that must manage working capital and costs very tightly to avoid slipping back into cash burn.

Competitive Edge

Competitive Edge Fossil competes in a tough corner of the consumer world: mid-priced fashion watches, jewelry, and leather goods. Its core advantage comes from a broad mix of owned brands and high-profile licensed labels, plus a global distribution network that spans wholesale, company stores, and e‑commerce. However, category demand has softened, competition from both luxury brands and low-cost players is intense, and the exit from smartwatches removes Fossil from a faster-growing segment of the market. The company is now betting that a sharper focus on its strengths—design, brand partnerships, and distribution—can offset these headwinds, but the declining sales trend shows that the competitive environment remains challenging.

Innovation and R&D

Innovation and R&D Historically, Fossil invested meaningfully in product innovation, especially around smartwatches and hybrids that blended fashion and technology. That chapter is largely closed with the 2024 decision to exit smartwatches and redirect resources back to traditional watches, jewelry, and leather goods. Today, its innovation is more about design, digital experience, and brand storytelling than deep tech: virtual try‑on tools, refreshed collections, jewelry‑watch hybrids, and high-profile collaborations. This approach can support brand relevance without heavy technology spending, but it also means Fossil is stepping away from technology-driven growth areas and leaning instead on creativity, marketing, and product differentiation within mature categories.

Summary

Fossil is in the midst of a difficult but clear strategic pivot. Financially, it has shrinking revenue, recurring net losses, and a thinner balance sheet, with only modest and volatile cash generation—signs of a business under pressure rather than one in steady health. Strategically, the company is simplifying: leaving the crowded smartwatch arena, tightening its store base, cutting costs, and leaning into what it knows best—fashion watches, jewelry, and leather goods supported by a powerful roster of licensed brands and a global distribution footprint. The turnaround plan aims to trade growth ambitions for more focused, sustainable profitability. The main things to watch are whether sales can stabilize in core categories, whether margins improve as the cost actions take hold, and whether the brand and product refreshes are strong enough to keep Fossil relevant in a very competitive market.

NEWS

November 13, 2025 · 4:01 PM UTC

Fossil Group, Inc. Reports Third Quarter 2025 Financial Results

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October 30, 2025 · 4:45 PM UTC

Announcement Regarding Fossil Group Plan Meeting to Be Held on Thursday, November 6, 2025

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October 16, 2025 · 4:05 PM UTC

Fossil Group Announces Notice of Plan Meeting

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October 16, 2025 · 6:00 AM UTC

Fossil Announces Further Extension of Exchange Offer for Its Senior Notes

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October 8, 2025 · 9:32 PM UTC

Fossil Announces Convening Hearing for Restructuring Plan

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