MARKET COMPOSITE
FOSL - Fossil Group Inc8:00:00 PM 4/19/2024
Price
$0.85
+ 0.07 (9.03%)
Fossil Group, Inc. is an American fashion designer and manufacturer founded in 1984 by Tom Kartsotis and based in Richardson, Texas. Their brands include Fossil, Relic, BMW, Michele Watch, Skagen Denmark, Misfit, WSI, and Zodiac Watches. Fossil also makes licensed accessories for brands such as Puma, Emporio Armani, Michael Kors, DKNY, Diesel, Kate Spade New York, Tory Burch, Chaps, and Armani Exchange. Kosta Kartsotis, brother of Tom Kartsotis and CEO, owns approximately 12.5% of Fossil stock. The company name is the nickname the brothers gave their father.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue421.3MM+22%
Gross Profit200.5MM+24%
Cost Of Revenue220.7MM+21%
Operating Income-24MM-48%
Operating Expenses224.5MM+8%
Net Income-28.4MM-53%
G&A207.7MM+8%
Amortization300K+50%
Interest Expense5.7MM-2%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news

    Kanen Wealth Management Highlights Fossil’s Capital Allocation Incompetence and Requests a Board SeatCOCONUT CREEK, Fla., April 18, 2024 (GLOBE NEWSWIRE) -- Kanen Wealth Management, LLC, (“KWM”) owner of approximately 4% of the Fossil Group, Inc.'s (Nasdaq: FOSL) 7% Senior Notes due 2026 (Nasdaq: FOSLL), issues the following open letter to the Company’s Directors: Dear FOSL Directors, Fossil is a $1 bill + co., and a solid brand with ample opportunity, one that enjoys high gross margins in exces

    RICHARDSON, Texas, March 25, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (“Fossil” or the “Company”, NASDAQ: FOSL) today announced that Eugene I. Davis has been appointed to the Board of Directors (the “Board”), effective March 24, 2024. Mr. Davis will serve as a member of the Board’s Audit Committee. The Company also announced that it has entered into a Cooperation Agreement with shareholder The Buxton Helmsley Group, Inc. (“BHG”). Pursuant to the Cooperation Agreement, the Company will welcome

    Fossil Group, Inc. (NASDAQ:FOSL) Q4 2023 Earnings Call Transcript March 13, 2024 FOSL isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, ladies and gentlemen, and welcome to the Fossil Group Fourth Quarter and Full Year 2023 Earnings Call. […]

    Fossil Group ( NASDAQ:FOSL ) Full Year 2023 Results Key Financial Results Revenue: US$1.41b (down 16% from FY 2022...

    Q4 2023 Fossil Group Inc Earnings Call

    Worldwide Net Revenue and Adjusted Operating Margin in Line with GuidanceAnnounces Strategic Review to Maximize Shareholder ValueCompany Provides Full Year 2024 Outlook RICHARDSON, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fourth quarter and fiscal year ended December 30, 2023. Separately, the Company also announced today that Kosta N. Kartsotis has stepped down as Chief Executive Officer and Jeffrey N. Boyer, Chief Oper

    Jeffrey N. Boyer Named Interim CEO and Director Kevin Mansell Becomes Chairman of the Board of Directors RICHARDSON, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (“Fossil” or “the Company”, NASDAQ: FOSL) today announced that Kosta N. Kartsotis is stepping down from his position as Chief Executive Officer and a member of the Board of Directors (the “Board”), effective immediately. To ensure a seamless transition, Kartsotis will remain with the Company in a transitional role until

    In this article, we will list the 15 best Apple Watch alternatives in 2024. If you want to sip our discussion about Apple’s patent infringement, smartwatch market, and smartwatch ownership globally, go to the 7 Best Apple Watch Alternatives in 2024. A patent infringement case is pushing Apple, Inc. (NASDAQ:APPL) to stop selling two of […]

    RICHARDSON, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report financial results for the fourth quarter and full year 2023 after market close on Wednesday, March 13, 2024, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company’s investor relations website at www.fossilgroup.com/investors and will also be archived for replay. About Fossil Group, Inc. Fossil Group,

    RICHARDSON, Texas, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (“Fossil” or “the Company”, NASDAQ: FOSL) today issued the following statement in response to notice that The Buxton Helmsley Group, Inc. (“BHG”) has nominated four candidates to the Fossil Board of Directors (the “Board”) at the Company’s 2024 Annual Meeting of Stockholders (the “Annual Meeting”). Fossil’s Board and management team are committed to serving the best interests of the Company and its stockholders. We regularly