Maxim Group initiated coverage on Fossil with a new price target
$FOSL
Consumer Specialties
Consumer Discretionary
Maxim Group initiated coverage of Fossil with a rating of Buy and set a new price target of $5.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/1/2025 | $5.00 | Buy | Maxim Group |
Delivers positive operating income Second quarter 2025 worldwide net sales totaled $220 million Gross margin expanded 490 basis points to 57.5% Second quarter operating income of $8 million and operating margin of 3.9%; constant currency adjusted operating income of $4 million and constant currency adjusted operating margin of 1.7% Raises full year 2025 guidance RICHARDSON, Texas, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) today announced financial results for the fiscal second quarter ended July 5, 2025. In a separate press release today, the Company also announced a comprehensive refinancing plan to strengthen its balance sheet and increase liquidity. "Our s
RICHARDSON, Texas, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) ("Fossil" or the "Company") today announced that it has refinanced its ABL and entered into a Transaction Support Agreement providing for an exchange of its outstanding notes. A new $150 million asset-based revolving credit facility with Ares Management Credit funds (the "New ABL Facility"). The new facility has a maturity date of August 13, 2030 and is priced at SOFR plus 500 basis points.A Transaction Support Agreement with certain funds managed by HG Vora Capital Management, LLC and Nantahala Capital (collectively, the "Consenting Noteholders"), beneficially owning approximately 59% in aggregate of Fo
RICHARDSON, Texas, July 30, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report second quarter 2025 financial results after market close on Wednesday, August 13, 2025, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company's investor relations website at www.fossilgroup.com/investors and will also be archived for replay. About Fossil Group, Inc. Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include watches, jewelry, handbags, sm
10-Q - Fossil Group, Inc. (0000883569) (Filer)
8-K - Fossil Group, Inc. (0000883569) (Filer)
8-K - Fossil Group, Inc. (0000883569) (Filer)
Maxim Group initiated coverage of Fossil with a rating of Buy and set a new price target of $5.00
4 - Fossil Group, Inc. (0000883569) (Issuer)
4 - Fossil Group, Inc. (0000883569) (Issuer)
3 - Fossil Group, Inc. (0000883569) (Issuer)
4 - Fossil Group, Inc. (0000883569) (Issuer)
RICHARDSON, Texas, July 30, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report second quarter 2025 financial results after market close on Wednesday, August 13, 2025, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company's investor relations website at www.fossilgroup.com/investors and will also be archived for replay. About Fossil Group, Inc. Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include watches, jewelry, handbags, sm
RICHARDSON, Texas, April 30, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report first quarter 2025 financial results after market close on Wednesday, May 14, 2025, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company's investor relations website at www.fossilgroup.com/investors and will also be archived for replay. About Fossil Group, Inc. Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include watches, jewelry, handbags, small
RICHARDSON, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that it will report fourth quarter and full year 2024 financial results after market close on Wednesday, March 12, 2025, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company's investor relations website at www.fossilgroup.com/investors and will also be archived for replay. About Fossil Group, Inc. Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include watches, jewelry,
SC 13G/A - Fossil Group, Inc. (0000883569) (Subject)
SC 13G/A - Fossil Group, Inc. (0000883569) (Subject)
SC 13G/A - Fossil Group, Inc. (0000883569) (Subject)
RICHARDSON, Texas, July 02, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ:FOSL) today announced the appointment of Laks Lakshmanan to the newly created position of Chief Supply Chain Officer, effective June 16, 2025. With more than 20 years of supply chain leadership experience, Lakshmanan brings deep expertise in network design, integrated planning, cost transformation, and operational excellence, having advised and led initiatives for Fortune 500 consumer and retail companies. Lakshmanan leads Fossil Group's global end-to-end supply chain—from manufacturing and sourcing to distribution and logistics—across all brands and regions. He also oversees the Company's Global Business Serv
RICHARDSON, Texas, May 14, 2025 /PRNewswire/ -- Fossil Group, Inc. ("Fossil" or the "Company") (NASDAQ:FOSL) today announced the appointment of Pamela Edwards and Wendy Schoppert to its Board of Directors, effective May 16, 2025. Ms. Edwards and Ms. Schoppert bring decades of leadership and board experience across retail, finance, technology, and strategic transformation. Ms. Edwards and Ms. Schoppert will serve as members of the Audit Committee. The appointments expand the size of the Board of Directors to ten members, including nine independent directors. Kevin Mansell, Chai
RICHARDSON, Texas, March 12, 2025 /PRNewswire/ -- Fossil Group, Inc. (NASDAQ:FOSL) ("Fossil" or the "Company") today announced the appointment of Randy Greben as Chief Financial Officer, effective March 17. He replaces Andrew Skobe, Interim Chief Financial Officer. The appointment reinforces Fossil Group's continued commitment to building its leadership team to drive long-term profitable growth. Greben will oversee Fossil Group's global financial strategy, focusing on leading the organization's financial turnaround and business transformation. With more than two decades of fi