Education
About Us
Working with TipRanks
Follow Us
Fossil Group (FOSL)
NASDAQ:FOSL
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 26.19%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant improvements in sales performance, gross margins, and operational efficiency. However, challenges remain with core sales decline, planned store closures, and tariff impacts. The company's proactive approach to refinancing and strategic partnerships is promising.Company Guidance
During the Fossil Group's First Quarter 2025 Earnings Call, the company provided a comprehensive guidance for the fiscal year, highlighting significant improvements and strategic initiatives. The company reported a sequential improvement in sales performance, narrowing core sales decline to 8%, with gross margins exceeding 61%, marking an increase of nearly 9 points from the previous year. The adjusted operating margin was positive at 4.3%. The company aims to achieve approximately $100 million in SG&A savings for 2025 compared to 2024, by closing around 50 stores and transitioning certain international markets to a distributor model. The full-year outlook anticipates a mid-to-high teens decline in worldwide net sales, with a focus on maintaining a negative low single-digit adjusted operating margin. These projections come in the context of mitigating potential tariff impacts, leveraging a global revenue stream, and optimizing the supply chain.Sequential Improvement in Sales Performance
Core sales declined to just 8%, representing a sequential improvement of 400 basis points compared to the fourth quarter.
Gross Margin Expansion
Gross margin exceeded 61%, up nearly 9 points from the prior year.
Positive Adjusted Operating Margins
Delivered positive adjusted operating margins of 4.3%.
Fossil Traditional Watch Growth
Fossil traditional watch business posted growth of 7% globally compared to the prior year.
Reduction in SG&A Expenses
SG&A expenses decreased by $17 million to $136 million, an 11% reduction compared to the prior year.
Strategic Partnerships and Collaborations
Successful collaborations, such as the Fossil for Mine Craft collection, which sold out quickly, and the upcoming Fossil Shelby collection.
Refinancing and Liquidity Efforts
Signed an agreement for the sale-leaseback of the European distribution center, expected to bring in excess of $20 million.
---
FOSL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
FOSL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $1.26 | $1.46 | +15.87% |
Mar 12, 2025 | $1.27 | $1.64 | +29.13% |
Nov 07, 2024 | $1.27 | $1.16 | -8.66% |
Aug 08, 2024 | $1.14 | $1.11 | -2.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Fossil Group (FOSL) report earnings?
Fossil Group (FOSL) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Fossil Group (FOSL) earnings time?
Fossil Group (FOSL) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FOSL EPS forecast?
Currently, no data Available
---