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Fossil Group (FOSL) Stock News

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Fossil Group, Inc. reports developments in its global lifestyle accessories business, including watches, jewelry, handbags, small leather goods, belts and sunglasses. The company markets owned brands such as Fossil, Michele, Relic, Skagen and Zodiac, alongside licensed brands including Armani Exchange, Diesel, Emporio Armani, Michael Kors, Skechers and Tory Burch across wholesale, retail and e-commerce channels.

Recurring updates include quarterly and annual results, gross-margin and product-margin commentary, turnaround-plan actions, brand campaigns, executive and organizational changes, and financing matters tied to senior notes, asset-based lending and equity-capital activity.

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Fossil Group (NASDAQ: FOSL) will release third-quarter 2026 financial results after market close on November 10, 2026. A conference call follows at 5:00 p.m. ET, with a live webcast and archived replay on its investor relations website.

Senior management will participate in the Craig-Hallum Alpha Select Conference in New York City on November 17, 2026, and the virtual Northland Capital Markets Growth Conference on December 16, 2026.

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Fossil Group (FOSL) elected Sebastian DiGrande and Chandhu Nair to its Board of Directors at the October 2, 2026 annual stockholders meeting. Wendy Schoppert was elected Board Chair, effective October 2, 2026. DiGrande joined the Compensation and Talent Management Committee, while Nair joined the Audit Committee.

The Board now has seven members, six of whom are independent. DiGrande is co-founder and CEO of PCX Markets and previously held executive roles at Gap and Boston Consulting Group. Nair is Senior Vice President and Chief AI Officer at Target and previously held technology leadership roles at Lowe’s.

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Fossil Group (NASDAQ: FOSL) reported fiscal second quarter 2026 net sales of $209.7 million, down 4.9% year over year (4.4% in constant currency), with Europe declining 18.2% in constant currency, Asia up 3.7% and the Americas up 0.2%.

Gross profit rose to $130.8 million and gross margin expanded 490 basis points to 62.4%, driven by improved product margins, full‑price selling, sourcing initiatives and lower tariffs. Operating income was $3.2 million versus $8.5 million a year ago, while constant currency adjusted operating income increased to $8.6 million from $4.3 million. Net loss widened to $10.6 million, or $0.18 per diluted share; adjusted net loss was $7.9 million, or $0.13 per diluted share.

Fossil ended the quarter with $79.0 million in cash, $96.6 million in total liquidity and $203.0 million of total debt. According to the company, full‑year 2026 guidance has been raised, now calling for worldwide net sales to decline 3%–5%, adjusted operating margin of 4%–6% and positive free cash flow.

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Fossil Group (NASDAQ:FOSL) will report its second quarter 2026 financial results after market close on Wednesday, August 12, 2026. A conference call to discuss the results is scheduled for 5:00 p.m. ET that day, accessible via the company’s investor relations website, where a replay will also be available.

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Fossil Group (NASDAQ: FOSL) scheduled its 2026 Annual Meeting of Stockholders for October 2, 2026 at 9:00 a.m. Central Time. The Board set August 3, 2026 as the record date to determine stockholders entitled to vote at the meeting.

Stockholder proposals and director nominations under the Bylaws must be delivered in writing to the Company’s Secretary at 901 S. Central Expressway, Richardson, Texas 75080, by the close of business on July 30, 2026. The meeting location and further details will appear in Fossil Group’s proxy materials.

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Fossil Group (NASDAQ:FOSL) will be added to the small-cap Russell 2000 Index following the June 2026 reconstitution. Inclusion becomes effective after U.S. market close on June 26, 2026.

The CEO expects index membership to increase investor visibility as the company pursues its turnaround and long-term profitable growth.

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Fossil Group (NASDAQ:FOSL) will participate in TD Cowen’s 10th Annual Future of the Consumer Conference on June 3, 2026, at the Lotte New York Palace Hotel in New York City.

CEO Franco Fogliato and CFO Randy Greben will meet with investors throughout the day.

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Fossil Group (NASDAQ:FOSL) reported first quarter 2026 net sales of $224.8 million, down 3.6% year-over-year on a reported basis. Gross margin was 59.9% and operating income reached $12 million, a 5.4% margin. Adjusted EBITDA was $14.5 million. Net loss narrowed to $0.8 million, or $0.01 per diluted share. Liquidity totaled $109.5 million, with inventories down 14.3% year-over-year to $156.1 million and total debt of $195.3 million. The company reiterated full-year 2026 guidance, expecting worldwide net sales to decline 4% to 6%, adjusted operating margin of 3% to 5%, and free cash flow around break-even, with a return to top-line growth in the fourth quarter.

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InMobi launched Ad Experiences, an omnichannel full-funnel ad product built on Glance first-party data and InMobi inventory. FOSSIL (NASDAQ: FOSL) was the inaugural partner, using the solution for its BIG TIC spring campaign.

Beta results measured by Cint showed a 57% lift in brand recall and a 10% lift in brand awareness versus unexposed users. InMobi plans a broader rollout across mobile and web and a full-suite launch in Q2.

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Fossil Group (NASDAQ: FOSL) will report first quarter 2026 financial results after market close on Wednesday, May 13, 2026.

A conference call to discuss the results is scheduled for 5:00 p.m. ET the same day, accessible live and archived on the company's investor relations website.

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FAQ

What is the current stock price of Fossil Group (FOSL)?

Fossil Group (FOSL) last closed at $7.62.

What is the market cap of Fossil Group (FOSL)?

The market cap of Fossil Group (FOSL) is approximately $450.6M.