Fossil Group Inc
fossilgroup.comWhat Do They Do?
Sells traditional watches, jewelry and leather goods under owned and licensed brands to style-conscious consumers worldwide.
10-K for FY2025, filed Mar 12, 2026
How Do They Make Money?
Makes money by selling finished products through wholesale and retail channels; customers pay when products ship or are delivered, depending on the shipping terms in the order.
$1B
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10-K for FY2025, filed Mar 12, 2026
$1B ↗
Who Are Their Customers?
Department and specialty stores buy wholesale; consumers also buy through Fossil's own stores and commercial websites, while third-party distributors carry products in markets where Fossil has no physical presence.
10-K for FY2025, filed Mar 12, 2026Wholesale customers of the Company consist principally of major department stores and specialty retail stores located throughout the world.…View ↗
Our products are distributed globally through various distribution channels including wholesale in countries where we have a physical…View ↗
We distribute our products globally through regional warehouses with our warehouse in Dallas, Texas serving the Americas, our warehouse in…View ↗
Do Revenues Turn Into Profits?
No. It lost $77.8M in FY2025.
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2025, filed Aug 13, 2026
−$10.6MView ↗
- ▲ +404% (Loss)
- vs −$2.1M in Q2 FY2024
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Aug 12, 2026
Raises full-year 2026 financial outlook
Outlook calls for net sales to decline 3% to 5%, adjusted operating margin of 4% to 6%, and positive free cash flow.
Sources
8-K, filed Aug 12, 2026
Worldwide net sales to decline 3% to 5%, with a return to growth in the fourth quarter Adjusted operating margin(1) in the range of 4% to…View ↗
Shrinking. Revenue fell 40% in 4 years, from $1.7B in FY2022 to $1B in FY2025, about 12% a year.
Smartwatch exit
Fossil moved from offering smartwatches, including full-display and hybrid models, to exiting the smartwatch category and focusing on traditional watches.
10-K for FY2022, filed Mar 9, 2023 10-K for FY2025, filed Mar 12, 2026In addition, we face intense competition in the watch market from smartwatches from technology brands such as Apple, Garmin, Google and…View ↗
Who Do They Compete With?
Competes with Armitron, Citizen, Gucci, Guess?, Kenneth Cole, LVMH Group, Movado, Raymond Weil, Seiko, Swatch, Swiss Army, TAG Heuer, Timex, Apple, Garmin, Google, Samsung, and Fitbit
10-K for FY2025, filed Mar 12, 2026The businesses in which we compete are highly competitive and fragmented. Our traditional watch business generally competes with a number…View ↗
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