Here are the 10-K annual reports from Fossil Group, Inc. (FOSL) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow FOSL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FOSL filings page.
Fossil Group, Inc. filed Amendment No. 1 to its 2025 annual report to add required Part III information on directors, executive compensation, ownership and auditor fees, and to update the common shares outstanding to 59,076,605 as of April 25, 2026.
The filing details a largely refreshed leadership team, including CEO Franco Fogliato and several new directors, and explains pay-for-performance programs combining salary, annual cash bonuses tied to net sales and adjusted operating income, and equity awards under the 2024 Long-Term Incentive Plan. It also outlines severance and change-in-control protections, stock ownership guidelines, insider trading and ethics policies, and Deloitte & Touche LLP audit fees of $3.5 million for fiscal 2025.
Fossil Group, Inc. outlines a multi‑year turnaround after several years of declining sales and a challenged traditional watch market. Fiscal 2025 net sales were $1,004.4 million, down 12.3% from $1,145.0 million in 2024 and $1,412.4 million in 2023, with proprietary brands at $489.5 million and licensed brands at $475.3 million.
Watches remain the core business, representing 82.3% of 2025 net sales, supported by owned brands such as FOSSIL and SKAGEN and major licenses including MICHAEL KORS and ARMANI lines. The company achieved about $100 million in SG&A savings in 2025 through workforce reductions, shifting smaller markets to distributors and closing 49 underperforming stores, leaving 199 stores worldwide.
Fossil restructured its balance sheet in 2025, replacing its prior notes with new first‑ and second‑lien notes and adding a $150 million asset‑based revolver. Total indebtedness was $205.1 million as of January 3, 2026, and interest paid in 2025 was $16.1 million. Management highlights tariff costs that reduced gross margin by about 140 basis points in 2025, heavy reliance on Chinese sourcing, and substantial debt covenants as key risks to profitability and liquidity.