--- title: "Fossil Group (NASDAQ:FOSL) Releases Earnings Results, Beats Estimates By $0.16 EPS" type: "News" locale: "en" url: "https://longbridge.com/en/news/295707424.md" description: "Fossil Group (NASDAQ:FOSL) reported quarterly earnings, beating consensus estimates by $0.16 EPS with a loss of $0.13 per share versus the expected $0.29 loss. Revenue came in at $209.70 million, exceeding analyst expectations of $199.33 million. The company posted a negative net margin of 6.19% and a negative return on equity of 48.51%. Shares rose 0.6% to $5.27 following the announcement." datetime: "2026-08-12T20:41:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295707424.md) - [en](https://longbridge.com/en/news/295707424.md) - [zh-HK](https://longbridge.com/zh-HK/news/295707424.md) generator: "portal-rs" --- # Fossil Group (NASDAQ:FOSL) Releases Earnings Results, Beats Estimates By $0.16 EPS Fossil Group (NASDAQ:FOSL - Get Free Report) issued its quarterly earnings data on Wednesday. The accessories brand company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.29) by $0.16, FiscalAI reports. The company had revenue of $209.70 million for the quarter, compared to analyst estimates of $199.33 million. Fossil Group had a negative net margin of 6.19% and a negative return on equity of 48.51%. ## Fossil Group Stock Up 0.6% - This Is What To Expect From The Q2 Reporting Cycle Shares of FOSL traded up $0.03 during mid-day trading on Wednesday, hitting $5.27. 1,116,686 shares of the company traded hands, compared to its average volume of 806,954. The company has a market capitalization of $311.47 million, a PE ratio of -4.62 and a beta of 1.62. The company has a quick ratio of 1.10, a current ratio of 1.72 and a debt-to-equity ratio of 2.32. The business has a 50 day moving average of $4.41 and a 200 day moving average of $4.37. Fossil Group has a 1-year low of $1.70 and a 1-year high of $6.16. ## Analyst Ratings Changes FOSL has been the subject of a number of analyst reports. Wall Street Zen raised shares of Fossil Group from a "sell" rating to a "hold" rating in a research report on Saturday, May 16th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Fossil Group in a report on Friday, July 17th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Fossil Group presently has an average rating of "Hold" and a consensus price target of $7.00. - Fossil Group: Should You Bet On Consumer Discretionary In 2023? **Check Out Our Latest Stock Analysis on FOSL** ## Insider Buying and Selling In related news, Director Wendy Lee Schoppert bought 24,331 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was bought at an average cost of $4.14 per share, for a total transaction of $100,730.34. Following the purchase, the director directly owned 120,625 shares of the company's stock, valued at approximately $499,387.50. This trade represents a 25.27% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.90% of the stock is owned by company insiders. ## Institutional Investors Weigh In On Fossil Group Institutional investors and hedge funds have recently made changes to their positions in the stock. Wexford Capital LP purchased a new position in shares of Fossil Group in the third quarter worth about $28,000. Qube Research & Technologies Ltd purchased a new position in Fossil Group during the 3rd quarter worth approximately $39,000. Texas Capital Bank Wealth Management Services Inc acquired a new stake in shares of Fossil Group in the third quarter worth $45,000. Jane Street Group LLC increased its stake in shares of Fossil Group by 93.1% in the first quarter. Jane Street Group LLC now owns 42,584 shares of the accessories brand company's stock worth $49,000 after acquiring an additional 20,530 shares during the period. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of Fossil Group during the fourth quarter worth $63,000. 61.14% of the stock is currently owned by institutional investors and hedge funds. ## Fossil Group Company Profile (Get Free Report) Fossil Group, Inc designs, develops, markets and distributes consumer fashion accessories, focusing on lifestyle and wearable technology. The company offers a wide range of products including analog and digital watches, smartwatches, jewelry, handbags, small leather goods and wearable devices. It sells merchandise under its own Fossil brand and via license agreements with international labels such as Michael Kors, Armani Exchange, Burberry, Diesel, DKNY, Kate Spade and Tory Burch. Through its proprietary e-commerce platforms and global retail network, Fossil Group serves markets across North America, Europe, Asia and the Middle East. The group's wearable technology segment combines traditional timepieces with features such as fitness tracking, heart-rate monitoring and NFC payments. ## Featured Articles - Five stocks we like better than Fossil Group - GE Vernova’s AI Power Boom Faces a Profit Test - Cardinal Health Earnings: Can Perfection Get Priced In Twice? - Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand - Legacy Jet Builders Stall While Embraer Accelerates to New Highs *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Fossil Group Right Now? Before you consider Fossil Group, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fossil Group wasn't on the list. While Fossil Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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