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Fossil Group Inc (FOSL.OQ)

FOSL.OQ on NASDAQ Stock Exchange Global Select Market

14.52USD
16 Feb 2018
Change (% chg)

$-1.00 (-6.48%)
Prev Close
$15.52
Open
$15.33
Day's High
$15.42
Day's Low
$14.48
Volume
1,164,201
Avg. Vol
697,547
52-wk High
$20.96
52-wk Low
$5.51

Latest Key Developments (Source: Significant Developments)

Fossil Group Q4 Loss Per Share $1.65
Tuesday, 13 Feb 2018 04:06pm EST 

Feb 13 (Reuters) - Fossil Group Inc ::FOSSIL GROUP, INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2017 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.64 EXCLUDING ITEMS.Q4 LOSS PER SHARE $1.65 INCLUDING ITEMS.Q4 SALES $921 MILLION.QTRLY ‍ADJUSTED EPS OF $0.64 EXCLUDING TAX REFORM AND RESTRUCTURING CHARGES OF $2.29​.‍PROVIDES Q1 AND FISCAL 2018 GUIDANCE​.‍DURING Q4 OF FISCAL 2017, COMPANY RECOGNIZED A CHARGE OF $86.4 MILLION RELATED TO ONE-TIME REPATRIATION TAX​.‍FOR FISCAL 2018, COMPANY EXPECTS GROSS MARGIN IN RANGE OF 51% TO 53%​.‍FOR Q1 OF FISCAL 2018, SEES NET SALES IN RANGE OF DOWN 12% TO DOWN 6%​.SEES 2018 NET SALES IN RANGE OF DOWN 6 PERCENT TO DOWN 14 PERCENT.SEES 2018 GROSS MARGIN IN RANGE OF 51% TO 53%.IN Q1, SEES LOSS BEFORE INCOME TAXES OF $70 MILLION TO LOSS BEFORE INCOME TAX OF $45 MILLION​.SEES 2018 RESTRUCTURING CHARGES OF APPROXIMATELY $50 MILLION.SEES Q1 RESTRUCTURING CHARGES OF APPROXIMATELY $20 MILLION.Q4 EARNINGS PER SHARE VIEW $0.40, REVENUE VIEW $889.6 MILLION -- THOMSON REUTERS I/B/E/S.Q1 REVENUE VIEW $568.5 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $2.71 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Fossil Group Q3 loss per share $0.11
Tuesday, 7 Nov 2017 04:01pm EST 

Nov 7 (Reuters) - Fossil Group Inc :Fossil Group Inc reports third quarter fiscal year 2017 results.Q3 loss per share $0.11.Fossil Group Inc - ‍updates annual fiscal 2017 GAAP guidance​.Sees FY 2017 loss per share $7.75 to $8.30 including items.Sees FY 2017 sales down 8.5 to 10.5 percent.Q3 sales $689 million versus I/B/E/S view $649.9 million.Q3 earnings per share view $-0.28 -- Thomson Reuters I/B/E/S.  Full Article

Fossil Group Inc says entered into an addendum to executive severance agreement with Dennis R. Secor
Tuesday, 5 Sep 2017 04:28pm EDT 

Sept 5 (Reuters) - Fossil Group Inc :Fossil Group Inc says on August 31 co entered into an addendum to executive severance agreement with Dennis R. Secor - SEC filing.Fossil Group - ‍ pursuant to addendum, Secor will serve as co's executive vice president and CFO until October 16, 2017 - SEC filing.Fossil Group Inc - Secor will remain employed with company through April 30, 2018.Fossil Group - ‍after Oct 16, Secor's title will change to executive vice-president, finance; Secor will assist with transition of co's new CFO.Fossil Group Inc - ‍Secor shall not be eligible for a bonus for 2018 fiscal year​.  Full Article

Fossil Group appoints Jeffrey Boyer CFO
Tuesday, 8 Aug 2017 04:15pm EDT 

Aug 9 (Reuters) - Fossil Group Inc -:Fossil Group Inc announces the resignation of Dennis R. Secor and appoints Jeffrey N. Boyer executive vice president, chief financial officer and treasurer.Fossil Group Inc says Boyer will resign from company's board of directors effective October 15, 2017.  Full Article

Fossil Group Inc Q2 loss per share $7.11
Tuesday, 8 Aug 2017 04:01pm EDT 

Aug 8 (Reuters) - Fossil Group Inc :Fossil Group Inc reports second quarter fiscal year 2017 results;.Q2 loss per share $7.11.Sees FY 2017 loss per share $6.62 to $7.42 including items.Sees fy 2017 sales down 4.5 to 8.5 percent.Q2 sales $597 million versus I/B/E/S view $617.9 million.Q2 adjusted loss per share $0.61 excluding items.Q2 earnings per share view $-0.46 -- Thomson Reuters I/B/E/S.Sees ‍Q3 net sales to decline in range of 14.0% to 8.0%; sees q3 diluted loss per share in a range of $0.44 to $0.11​.Q3 revenue view $720.4 million -- Thomson Reuters I/B/E/S.  Full Article

Fossil Group reports Q1 sales $582 million
Tuesday, 9 May 2017 04:01pm EDT 

May 9 (Reuters) - Fossil Group Inc :Fossil Group, Inc. reports first quarter fiscal year 2017 results.Q1 loss per share $1.00.Sees FY 2017 sales down 1.5 to 6 percent.Q1 sales $582 million versus I/B/E/S view $590.5 million.Q1 earnings per share view $-0.34 -- Thomson Reuters I/B/E/S.Fossil Group Inc sees Q2 of fiscal 2017 GAAP net sales to decline in range of 11.5% to 8.0%.Fossil Group Inc sees Q2 of fiscal 2017 GAAP diluted loss per share in range of $1.00 to $0.83, including $0.15 of restructuring charges.FY2017 earnings per share view $0.91, revenue view $2.93 billion -- Thomson Reuters I/B/E/S.  Full Article

Fossil group inc. Q3 earnings per share $0.36
Thursday, 3 Nov 2016 04:01pm EDT 

Fossil Group Inc : Updates fiscal 2016 guidance and provides q4 guidance . Sees 2016 diluted earnings per share in range of approximately $1.30 to $1.80 . Sees q4 net sales in range of a 2.0% decrease and a 4.0% increase . Sees q4 diluted earnings per share in range of approximately $0.69 to $1.19 . Fy2016 earnings per share view $1.87, revenue view $3.08 billion -- Thomson Reuters I/B/E/S . Q4 earnings per share view $1.31, revenue view $994.7 million -- Thomson Reuters I/B/E/S . Fossil group, inc. Reports third quarter fiscal year 2016 results . Q3 earnings per share $0.36 . Sees fy 2016 sales down 3 to 5 percent . Q3 sales $738 million versus i/b/e/s view $739.1 million .Q3 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.  Full Article

Fossil Group sees FY gaap diluted earnings $1.80-$2.60 per share
Tuesday, 9 Aug 2016 04:01pm EDT 

Fossil Group Inc : Fossil group, inc. Reports second quarter fiscal year 2016 results . Fossil group inc q2 shr $0.12 . Fossil group inc q2 shr view $0.09 -- thomson reuters i/b/e/s . Fossil group inc sees fy 2016 sales down 1.5 to 5 pct . Fossil group inc q2 sales $685 mln vs i/b/e/s view $671.9 mln . Fossil group inc says updates fiscal 2016 guidance and provides q3 guidance . Fossil group inc says continues to expect that operations of misfit will be dilutive to its 2016 results of operations . Fossil group inc sees fy gaap diluted earnings per share in a range of $1.80 to $2.6 . Fossil group inc sees q3 gaap diluted earnings per share in a range of $0.15 to $0.40 . Fossil group inc q3 shr view $0.68, rev view $750.1 mln -- thomson reuters i/b/e/s .Fossil group inc fy2016 shr view $2.06, rev view $3.06 bln -- thomson reuters i/b/e/s.  Full Article

Fossil Group Inc Q1 earnings per share $0.12
Tuesday, 10 May 2016 04:02pm EDT 

Fossil Group Inc : Updates fiscal 2016 guidance and provides q2 guidance . Sees 2016 net sales to decrease in range of 5.0% to 1.5% . Sees 2016 diluted earnings per share in a range of $1.80 to $2.80 . For Q2 of fiscal 2016, company expects net sales to decrease in range of 10.0% to 8.0% . Sees Q2 diluted earnings per share in a range of $0.00 to $0.15 . Sees continues to expect that operations of misfit will be dilutive to its 2016 results of operations . Q2 earnings per share view $0.59, revenue view $701.5 million -- Thomson Reuters I/B/E/S . FY 2016 earnings per share view $3.01, revenue view $3.14 billion -- Thomson Reuters I/B/E/S . Fossil group, inc. Reports first quarter fiscal year 2016 results . Q1 earnings per share $0.12 . Q1 earnings per share view $0.15 -- Thomson Reuters I/B/E/S . Sees fy 2016 sales down 1.5 to 5 percent .Q1 sales $660 million versus I/B/E/S view $666.6 million.  Full Article

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Fossil comes alive as stock jumps 79 percent on short squeeze

Fossil Group Inc's shares soared 79 percent in early trading on Wednesday as short sellers rushed to cover their positions, a day after the watchmaker posted a better-than-expected increase in sales in the holiday quarter.