Last $110.41 USD
Change Today +0.63 / 0.57%
Volume 185.6K
FOSL On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

fossil group inc (FOSL) Snapshot

Open
$110.27
Previous Close
$109.78
Day High
$111.10
Day Low
$110.27
52 Week High
02/12/14 - $125.00
52 Week Low
10/1/14 - $91.84
Market Cap
5.6B
Average Volume 10 Days
586.1K
EPS TTM
$6.98
Shares Outstanding
51.1M
EX-Date
--
P/E TM
15.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for FOSSIL GROUP INC (FOSL)

fossil group inc (FOSL) Details

Fossil Group, Inc., together with its subsidiaries, is engaged in the design, development, marketing, and distribution of consumer fashion accessories worldwide. It operates in four segments: North America Wholesale, Europe Wholesale, Asia Pacific Wholesale, and Direct to Consumer. The company provides men's and women's watches; and fashion accessories, including handbags, belts, small leather goods, jewelry, soft accessories, and sunglasses. It also offers clothing, such as jeans, outerwear, and fashion tops and bottoms, as well as optical frames. The company offers its products under its proprietary brands, including FOSSIL, MICHELE, RELIC, SKAGEN, and ZODIAC, as well as under the licensed brands consisting of ADIDAS, ARMANI EXCHANGE, BURBERRY, DIESEL, DKNY, EMPORIO ARMANI, KARL LAGERFELD, MARC BY MARC JACOBS, and MICHAEL KORS. Fossil Group, Inc. markets and sells its products through department stores, specialty retail stores, specialty watch and jewelry stores, mass market stores, cruise ships, airlines, company-owned retail stores, licensed and franchised fossil stores, retail concessions, and e-commerce sites. As of December 28, 2013, it owned and operated 123 retail stores and 119 outlet stores located in the United States, as well as 214 retail stores and 87 outlet stores internationally. The company was formerly known as Fossil, Inc. and changed its name to Fossil Group, Inc. in May 2013. Fossil Group, Inc. was founded in 1984 and is headquartered in Richardson, Texas.

14,600 Employees
Last Reported Date: 02/26/14
Founded in 1984

fossil group inc (FOSL) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: --
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $500.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $589.7K
President of Skagen
Total Annual Compensation: $856.9K
Executive Vice President of Human Resources
Total Annual Compensation: $770.8K
Compensation as of Fiscal Year 2013.

fossil group inc (FOSL) Key Developments

Fossil Group, Inc.(NasdaqGS:FOSL) added to S&P 500 Value Index

Fossil Group, Inc.(NasdaqGS:FOSL) added to S&P 500 Value Index

Fossil Group, Inc. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended October 4, 2014; Provides Earnings Guidance for the Fourth Quarter and Full Year 2014

Fossil Group, Inc. reported consolidated earnings results for the third quarter and nine months ended October 4, 2014. For the quarter, the company's net sales were $894.5 million against $810.4 million a year ago. Operating income was $154.9 million against $141.0 million a year ago. Income before income taxes was $153.3 million against $138.3 million a year ago. Net income attributable to the company was $103.7 million or $1.96 diluted per share against $89.7 million or $1.58 diluted per share a year ago. In the quarter, the company invested $27 million in CapEx, primarily to support new and remodeled stores along with system investments. The increase in diluted earnings per share resulted from operating income growth driven by increased sales and the benefit of a lower share base. For the nine months, the company's net sales were $2,444.8 million against $2,197.5 million a year ago. Operating income was $344.4 million against $342.3 million a year ago. Income before income taxes was $333.8 million against $345.4 million a year ago. Net income attributable to the company was $222.6 million or $4.15 diluted per share against $229.6 million or $3.93 diluted per share a year ago. For the full 2014 fiscal year, the company now expects net sales to increase approximately 8.5% to 9.5%; including the impact of the additional week that occurred in the first fiscal quarter for the current 53-week year and the recent decline in foreign currency, primarily related to the Euro. Operating margin is expected in a range of 15.8% to 16.4%. Diluted earnings per share will be in a range of $7.00 to $7.30. The company expects annual capital expenditures to be approximately $110 million, and annual depreciation and amortization will be roughly $96 million. The company continues to plan the year with a 31% tax rate. For the fourth quarter of fiscal 2014, the company expects net sales to increase approximately 3% to 6%, which includes an estimated negative 250 basis point growth rate impact due to foreign currency translation. Operating margin is expected in a range of 19.8% to 21.3%. Diluted earnings per share will be in a range of $2.91 to $3.21.

Michael Kors and Fossil Group Renew Global Licensing Agreement for Watches and Jewelry

Michael Kors Holdings Limited and Fossil Group, Inc. announced that they have renewed their global licensing agreement through 2024. Michael Kors first partnered with Fossil Group in 2004 to design, develop and distribute watches under the Michael Kors label. The relationship expanded to encompass jewelry in 2010 and the two companies are currently collaborating to grow the men's watch business.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FOSL:US $110.41 USD +0.63

FOSL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Asics Corp ¥2,995 JPY +42.00
Carter's Inc $84.72 USD +0.22
Casio Computer Co Ltd ¥1,902 JPY +7.00
Puma SE €173.34 EUR +0.083
Titan Co Ltd 367.25 INR 0.00
View Industry Companies
 

Industry Analysis

FOSL

Industry Average

Valuation FOSL Industry Range
Price/Earnings 16.1x
Price/Sales 1.7x
Price/Book 6.0x
Price/Cash Flow 15.2x
TEV/Sales 1.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FOSSIL GROUP INC, please visit www.fossil.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.