Annuncio • Apr 28
Fossil Group, Inc. to Report Q1, 2026 Results on May 13, 2026 Fossil Group, Inc. announced that they will report Q1, 2026 results After-Market on May 13, 2026 Annuncio • Feb 26
Fossil Group, Inc. to Report Q4, 2025 Results on Mar 11, 2026 Fossil Group, Inc. announced that they will report Q4, 2025 results After-Market on Mar 11, 2026 Annuncio • Feb 09
Fossil Group, Inc. Appoints Shannon Freeze as Chief People and Communications Officer and Member of the Executive Leadership Team, Effective February 23, 2026 Fossil Group, Inc. announced the appointment of Shannon Freeze as Chief People and Communications Officer and a member of the Executive Leadership Team, reporting to CEO Franco Fogliato, effective February 23, 2026. In this role, she will oversee global communications and engagement, diversity and belonging, human resources, talent management, and total rewards. Freeze most recently served as Global Benefits, People Operations & Systems Leader at Texas Instruments, a leading semiconductor company known for designing and manufacturing analog chips and embedded processors used in nearly all electronics. During her 13-year tenure, she held various HR leadership positions and was responsible for attracting top talent, developing benefits strategies, and designing a global organization structure to enhance the employee experience. Prior to joining Texas Instruments, Freeze worked at E.I. du Pont de Nemours. Annuncio • Nov 24
Fossil Group, Inc., Annual General Meeting, Dec 19, 2025 Fossil Group, Inc., Annual General Meeting, Dec 19, 2025. Annuncio • Oct 31
Fossil Group, Inc. to Report Q3, 2025 Results on Nov 13, 2025 Fossil Group, Inc. announced that they will report Q3, 2025 results After-Market on Nov 13, 2025 Board Change • Aug 18
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director Wendy Schoppert was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Aug 14
Fossil Group, Inc. Raises Earnings Guidance for the Full Year 2025 Fossil Group, Inc. raised earnings guidance for the full year 2025. For the year, the company expects Worldwide net sales are expected to decline in the mid-teens, which compares to prior guidance of a decline in the mid to high teens. Annuncio • Jul 31
Fossil Group, Inc. to Report Q2, 2025 Results on Aug 13, 2025 Fossil Group, Inc. announced that they will report Q2, 2025 results After-Market on Aug 13, 2025 Annuncio • Jul 02
Fossil Group Appoints Laks Lakshmanan as Chief Supply Chain Officer, Effective from June 16, 2025 Fossil Group, Inc. announced the appointment of Laks Lakshmanan to the newly created position of Chief Supply Chain Officer, effective June 16, 2025. With more than 20 years of supply chain leadership experience, Lakshmanan brings deep expertise in network design, integrated planning, cost transformation, and operational excellence, having advised and led initiatives for Fortune 500 consumer and retail companies. Lakshmanan leads Fossil Group’s global end-to-end supply chain—from manufacturing and sourcing to distribution and logistics—across all brands and regions. He also oversees the Company’s Global Business Services operations based in Bengaluru, India. Lakshmanan most recently served as Managing Director at Alvarez & Marsal (“A&M”), within the firm’s Consumer and Retail Group. Over the past two years, he has worked closely with Fossil as interim Head of Supply Chain as part of the Company’s partnership with A&M. During this time, he played a pivotal role in reshaping Fossil’s distribution strategy, driving significant progress against operational goals and helping improve the Company’s manufacturing responsiveness and cost structure. Prior to A&M, Lakshmanan held senior operational roles, including Principal in the Strategic Operations practice at Kearney and Group Manager of Distribution and Transportation at Target. He also led transformational initiatives at a leading U.S.-based multinational cosmetics company and a major consumer cooperative focused on supply chain cost optimization and private label strategy. Annuncio • May 15
Fossil Group, Inc. Re-Iterates Earnings Guidance for the Full Year 2025 Fossil Group, Inc. re-iterated earnings guidance for the full year 2025. For the year, the company expects Worldwide net sales decline in the range of mid to high teens. Annuncio • May 01
Fossil Group, Inc. to Report Q1, 2025 Results on May 14, 2025 Fossil Group, Inc. announced that they will report Q1, 2025 results After-Market on May 14, 2025 Annuncio • Feb 27
Fossil Group, Inc. to Report Q4, 2024 Results on Mar 12, 2025 Fossil Group, Inc. announced that they will report Q4, 2024 results After-Market on Mar 12, 2025 Annuncio • Feb 06
Fossil Group, Inc. Announces Executive Changes Fossil Group, Inc. announced the appointment of Joe Martin as Chief Commercial Officer and Antonio Carriero as Chief Digital Information Officer and General Manager EMEA. These appointments underscore Fossil's commitment to driving a successful business turnaround, returning the Company to profitable growth, and creating long-term shareholder value. The appointments are effective February 12 for Carriero and February 17 for Martin, who both bring decades of consumer experience to their respective roles. Martin will oversee all global revenue-generating activities, focusing on building a scalable, high-performing commercial organization. Before joining Fossil, Martin served as Senior Vice President of Wholesale, Team Services and Omni Operations and Marketplace, North America, at Adidas, where he drove a significant turnaround globally and in North America. Prior to that, he held sales leadership roles at various companies, including 3M. Throughout his career, Joe has excelled at designing and executing integrated sales, financial planning,and customer success strategies. Carriero will be responsible for overseeing the Company's global technology strategy, operations, cybersecurity, and the development of future capabilities. In addition to his global technology leadership, Carriero will lead the commercial business for the Company's EMEA region. Carriero brings extensive experience in digital transformation, IT optimization, and e-commerce growth in the luxury and consumer goods industries. Most recently, he served as Chief Digital and Information Officer at Salomon (Amer Sports), where he successfully enhanced IT and digital capabilities, with a strong focus on driving e-commerce revenue. Prior to that, he held senior leadership roles in digital and technology at Breitling SA and Richemont Group, where he played a key role in advancing digital strategies and technological innovation. Annuncio • Jan 16
Fossil Group, Inc. Eliminates Chief Operating Officer Position of Jeffrey N. Boyer, Effective January 17, 2025 On January 10, 2025, Fossil Group, Inc. informed Jeffrey N. Boyer, Chief Operating Officer, that his position with the Company was being eliminated in connection with the Company’s ongoing Transform and Grow strategy. Mr. Boyer will remain employed with the Company through January 17, 2025. Mr. Boyer’s responsibilities will be assumed by other officers at the Company. Annuncio • Nov 08
Fossil Group, Inc. Revises Earnings Guidance for the Year 2024 Fossil Group, Inc. revised earnings guidance for the year 2024. For the year, the company’s Worldwide net sales are expected to be approximately $1.1 billion, reflecting consumer and channel softness, as well as approximately $100 million of negative impact related to the exit of its smartwatch business, and the closure of owned retail stores. Annuncio • Oct 25
Fossil Group, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Fossil Group, Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Reported Earnings • Aug 09
Second quarter 2024 earnings released: US$0.73 loss per share (vs US$0.51 loss in 2Q 2023) Second quarter 2024 results: US$0.73 loss per share (further deteriorated from US$0.51 loss in 2Q 2023). Revenue: US$260.0m (down 19% from 2Q 2023). Net loss: US$38.8m (loss widened 46% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Annuncio • Aug 09
Fossil Group, Inc. Maintains Earnings Guidance for the Year 2024 Fossil Group, Inc. maintained earnings guidance for the year 2024. Worldwide net sales are expected to be approximately $1.2 billion, reflecting consumer and channel softness, as well as approximately $100 million of negative impact related to the exit of its smartwatch business, and the closure of owned retail stores. Annuncio • Jul 26
Fossil Group, Inc. to Report Q2, 2024 Results on Aug 08, 2024 Fossil Group, Inc. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 Annuncio • May 10
Fossil Group, Inc. Reiterates Earnings Guidance for the Full Year 2024 Fossil Group, Inc. reiterated earnings guidance for the full year 2024. For the period, the company's worldwide net sales are expected to be approximately $1.2 billion, reflecting consumer and channel softness, as well as approximately $100 million of negative impact related to the exit of its smartwatch business, and the closure of Fossil retail stores. Reported Earnings • May 09
First quarter 2024 earnings released: US$0.46 loss per share (vs US$0.80 loss in 1Q 2023) First quarter 2024 results: US$0.46 loss per share (improved from US$0.80 loss in 1Q 2023). Revenue: US$254.9m (down 22% from 1Q 2023). Net loss: US$24.3m (loss narrowed 41% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. New Risk • May 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (€38.6m market cap, or US$41.2m). Annuncio • Apr 26
Fossil Group, Inc. to Report Q1, 2024 Results on May 08, 2024 Fossil Group, Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Annuncio • Apr 04
Fossil Group, Inc. Announces the Elimination of Darren E. Hart as Executive Vice President, Chief Human Resources Officer, Effective April 26, 2024 On April 2, 2024, Fossil Group, Inc. informed Mr. Darren E. Hart, Ph.D., Executive Vice President, Chief Human Resources Officer, that his position with the company was being eliminated in connection with the Company's ongoing Transform and Grow strategy. Mr. Hart will remain employed with the Company through April 26, 2024. Mr. Hart's responsibilities will be assumed by other officers at the Company. Mr. Hart had previously entered into an Executive Severance Agreement with the Company (the Agreement") and will receive certain payments and benefits in connection with a termination of service without cause under the Agreement. Annuncio • Mar 14
Fossil Group, Inc. Announces Chief Executive Officer Changes Fossil Group, Inc. announced that Kosta N. Kartsotis is stepping down from his position as Chief Executive Officer, effective immediately. To ensure a seamless transition, Kartsotis will remain with the Company in a transitional role until September 2024 and, thereafter, will provide consulting services to the Company until September 2025. Jeffrey N. Boyer, the Company’s Executive Vice President and Chief Operating Officer since April 2021, has been appointed as Interim CEO, effective immediately. Boyer has over 30 years of experience in retail and has been instrumental in leading key initiatives under the Company’s TAG Plan. He has been a member of the executive leadership team at Fossil Group since 2017 and has served as Chief Operating Officer since April 2021. He previously served as the Company’s Chief Financial Officer and Treasurer for four years and was a member of the Board of Directors for 10 years prior to joining the management team. Prior to Fossil Group, he held executive leadership positions across the retail and consumer landscape, including Pier 1 Imports, Inc., Tuesday Morning Corporation, 24 Hour Fitness Worldwide Holdings, Inc., and Michaels Stores, Inc. Prior to his work in retail, he served in leadership roles in several consumer product firms including The Pillsbury Company and Kraft General Foods. Boyer is currently a member of the Board of Directors of Sally Beauty Holdings, Inc., where he serves on the Audit Committee and the Compensation and Talent Committee. Reported Earnings • Mar 14
Full year 2023 earnings released: US$3.00 loss per share (vs US$0.85 loss in FY 2022) Full year 2023 results: US$3.00 loss per share (further deteriorated from US$0.85 loss in FY 2022). Revenue: US$1.41b (down 16% from FY 2022). Net loss: US$157.0m (loss widened 256% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 60% per year whereas the company’s share price has fallen by 59% per year. Annuncio • Mar 07
Fossil Group, Inc. to Report Q4, 2023 Results on Mar 13, 2024 Fossil Group, Inc. announced that they will report Q4, 2023 results After-Market on Mar 13, 2024 Annuncio • Feb 22
The Buxton Helmsley Group, Inc Nominates Candidates to Fossil Group Inc Board On February 20, 2024, The Buxton Helmsley Group, Inc announced its intention to nominate 4 director candidates Pamela B. Corrie, Charles Garcia, Deirdre A. O’Connor, Rumbi B. Petrozzello to the Fossil Board of Directors at the Company’s 2024 Annual Meeting of Shareholders. Alexander Parker, Senior Managing Director at Buxton Helmsley stated that the Company is a beloved brand that has delighted millions of customers for years. However, it has become clear to them how much the Company’s future is in danger. For far too long, the Company’s Board and management have destroyed massive shareholder value due to a lack of proactivity, made numerous, inexcusable strategic blunders, and – now made very clear to them – represent a grave threat to the Company’s investors and long-term prospects. New Risk • Nov 09
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 3.7% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€84.7m market cap, or US$90.8m). Reported Earnings • Nov 09
Third quarter 2023 earnings released: US$1.16 loss per share (vs US$0.11 profit in 3Q 2022) Third quarter 2023 results: US$1.16 loss per share (down from US$0.11 profit in 3Q 2022). Revenue: US$344.1m (down 21% from 3Q 2022). Net loss: US$61.1m (down US$66.9m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Annuncio • Oct 29
Fossil Group, Inc. to Report Q3, 2023 Results on Nov 08, 2023 Fossil Group, Inc. announced that they will report Q3, 2023 results After-Market on Nov 08, 2023 New Risk • Oct 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €91.7m (US$96.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (€91.7m market cap, or US$96.5m). Annuncio • Aug 11
Fossil Group, Inc. Announces Elimination of Greg A. Mckelvey as Executive Vice President, Chief Commercial Officer On August 4, 2023, Fossil Group, Inc. announced Mr. Greg A. McKelvey, Executive Vice President, Chief Commercial Officer, that his position with the Company was being eliminated in connection with the Company’s ongoing Transform and Grow strategy. Mr. McKelvey will remain employed with the Company through August 11, 2023. Mr. McKelvey’s responsibilities will be assumed by other executive officers at the Company. Annuncio • Aug 10
Fossil Group, Inc. Revises Sales Guidance for the Full Year 2023 Fossil Group, Inc. revised sales guidance for the full year 2023, the Company now expects worldwide net sales declines of approximately 5% to 10% versus prior guidance of net sales declines of 5% to growth of 1%. The net revenue guidance assumes prevailing currency rates. Reported Earnings • Aug 10
Second quarter 2023 earnings released: US$0.51 loss per share (vs US$0.37 loss in 2Q 2022) Second quarter 2023 results: US$0.51 loss per share (further deteriorated from US$0.37 loss in 2Q 2022). Revenue: US$322.0m (down 13% from 2Q 2022). Net loss: US$26.5m (loss widened 39% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Director Susie Coulter was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jul 28
Fossil Group, Inc. to Report Q2, 2023 Results on Aug 09, 2023 Fossil Group, Inc. announced that they will report Q2, 2023 results After-Market on Aug 09, 2023