Welcome to our dedicated page for Fossil Group news (Ticker: $FOSL), a resource for investors and traders seeking the latest updates and insights on Fossil Group stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fossil Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fossil Group's position in the market.
Rhea-AI Summary
Fossil Group, Inc. (NASDAQ: FOSL) will release its first quarter 2024 financial results on May 8, 2024, followed by a conference call at 5:00 p.m. ET. The call will be accessible on the investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.36%
Tags
-
Rhea-AI Summary
Fossil Group, Inc. appoints Eugene I. Davis and Pamela B. Corrie to the Board of Directors, in cooperation with The Buxton Helmsley Group, Inc. The new directors bring extensive experience in retail operations, turnarounds, and finance. The Company aims to enhance governance and shareholder value through ongoing Board refreshment and a strategic review.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
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Rhea-AI Summary
Fossil Group, Inc. announces financial results for Q4 and FY 2023, reporting a decrease in net sales, operating loss, and adjusted loss per share. The company also outlines strategic plans to maximize shareholder value and provides a full-year outlook for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.51%
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Rhea-AI Summary
Fossil Group, Inc. announces Jeffrey N. Boyer as Interim CEO, Kosta N. Kartsotis steps down. Kevin Mansell becomes Chairman of the Board. Boyer to lead during transition period with a strategic review ongoing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.51%
Tags
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Rhea-AI Summary
Fossil Group, Inc. (FOSL) will release Q4 and full-year 2023 financial results on March 13, 2024. The conference call to discuss the results will be held at 5:00 p.m. ET on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.14%
Tags
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Rhea-AI Summary
Fossil Group, Inc. responds to The Buxton Helmsley Group, Inc.'s nomination of four candidates to the Fossil Board of Directors for the 2024 Annual Meeting. Fossil reaffirms its commitment to serving stockholders' best interests, confirming U.S. GAAP-compliant financial statements and a diverse, experienced Board focused on strategic growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
Rhea-AI Summary
Buxton Helmsley Group intends to nominate four highly qualified director candidates to Fossil Group's Board of Directors due to failed shareholder oversight, stock price decline, and lack of market confidence restoration. Fossil CFO Sunil Doshi's refusal to answer basic accounting questions raises concerns. Without significant board and management changes, Fossil shareholders are at risk of irreparable harm.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
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News
Rhea-AI Summary
Fossil Group, Inc. (FOSL) is deploying the NewStore mobile POS to modernize the retail experience across hundreds of locations in 19 countries. The company has replaced its legacy store solution with the NewStore mPOS, allowing associates to assist and check out customers anywhere on the store floor with a mobile device. Once the project is complete, associates can access all order and inventory data across the business, further simplifying the checkout experience and increasing customer engagement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
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Rhea-AI Summary
Fossil Group, Inc. (NASDAQ: FOSL) announces Q3 2023 financial results, with worldwide net sales down 21% to $344 million. Operating loss of $46 million, adjusted operating loss of $31 million. The company expects full year 2023 net sales declines of 14-17% and adjusted operating margin of -6% to -8%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-32.37%
Tags
Rhea-AI Summary
Fossil Group to report Q3 2023 financial results on November 8, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5%
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Fossil Group, Inc.
Nasdaq:FOSL
FOSL Rankings
FOSL Stock Data
51.19M
47.67M
10.31%
61.39%
9.51%
Other Measuring and Controlling Device Manufacturing
Manufacturing
United States of America
RICHARDSON
About FOSL
fossil group, inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. under a diverse portfolio of owned and licensed brands, our offerings include fashion watches, jewelry, handbags, small leather goods and wearables. with our newest owned brand, misfit, we’re bringing style and technology to the high-growth connected space. we’re committed to delivering the best in design and innovation across our owned brands, fossil, michele, misfit, relic, skagen and zodiac, and licensed brands, adidas, armani exchange, burberry, chaps, diesel, dkny, emporio armani, karl lagerfeld, kate spade new york, marc jacobs, michael kors and tory burch. we bring each brand story to life through an extensive wholesale distribution network across 150 countries and over 600 retail locations. (nasdaq: fosl)