Tearsheet

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization. Themes include Fashion-Forward Wearables, and Accessible Premium Accessories.

Weak multi-year price returns
3Y Excs Rtn is -5.5%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 104%

Stock price has recently run up significantly
12M Rtn12 month market price return is 149%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -11%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -15%, Rev Chg QQuarterly Revenue Change % is -3.7%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -1.9%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.3%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -30%

Key risks
FOSL key risks include [1] its core traditional watch business being severely impacted by competition from smartwatches, Show more.

0 Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization. Themes include Fashion-Forward Wearables, and Accessible Premium Accessories.
1 Weak multi-year price returns
3Y Excs Rtn is -5.5%
2 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 104%
3 Stock price has recently run up significantly
12M Rtn12 month market price return is 149%
4 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -11%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -15%, Rev Chg QQuarterly Revenue Change % is -3.7%
5 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -1.9%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.3%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -30%
7 Key risks
FOSL key risks include [1] its core traditional watch business being severely impacted by competition from smartwatches, Show more.

FOSL in ETFs

Weight = FOSL's share of each fund

VTI0.00%
IWM0.01%
AVUV0.02%
IWN0.01%
DFAS0.00%
IWO0.00%
DFAC0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 7/1/2026

Fossil (FOSL) stock has lost about 5% since 3/31/2026 because of the following key factors:

1. Q1 Fiscal 2026 Earnings Beat Offset by Continued Revenue Decline Outlook.

Fossil Group reported fiscal Q1 2026 earnings on May 13, 2026, announcing an adjusted net loss of $0.03 per diluted share, which significantly beat analyst estimates of a $0.29 loss per share. Revenue of $224.76 million also surpassed expectations. This outperformance was driven by improved operating income of $12 million compared to a loss in the prior year. However, despite these beats, worldwide net sales still decreased by 3.6% year-over-year. The company also reiterated its full-year fiscal 2026 guidance, projecting a worldwide net sales decline of 4% to 6%, with growth only expected to return in fiscal Q4. This continued top-line contraction likely tempered any sustained positive momentum from the earnings beat.

2. Muted Immediate Impact from Russell 2000 Index Inclusion.

On June 23, 2026, Fossil Group announced its inclusion in the small-cap Russell 2000 Index, effective after market close on June 26, 2026. This move was anticipated to enhance investor visibility and support the company's ongoing turnaround strategy. However, the market's initial reaction to this announcement was a decline of 3.84% in Fossil's stock price. While index inclusion typically attracts passive investment, its short-term impact was not a strong enough catalyst to drive significant upward movement in the stock.

Show more
Updated on 7/1/2026

Fossil (FOSL) stock has lost about 5% since 3/31/2026 because of the following key factors:

1. Q1 Fiscal 2026 Earnings Beat Offset by Continued Revenue Decline Outlook.

Fossil Group reported fiscal Q1 2026 earnings on May 13, 2026, announcing an adjusted net loss of $0.03 per diluted share, which significantly beat analyst estimates of a $0.29 loss per share. Revenue of $224.76 million also surpassed expectations. This outperformance was driven by improved operating income of $12 million compared to a loss in the prior year. However, despite these beats, worldwide net sales still decreased by 3.6% year-over-year. The company also reiterated its full-year fiscal 2026 guidance, projecting a worldwide net sales decline of 4% to 6%, with growth only expected to return in fiscal Q4. This continued top-line contraction likely tempered any sustained positive momentum from the earnings beat.

2. Muted Immediate Impact from Russell 2000 Index Inclusion.

On June 23, 2026, Fossil Group announced its inclusion in the small-cap Russell 2000 Index, effective after market close on June 26, 2026. This move was anticipated to enhance investor visibility and support the company's ongoing turnaround strategy. However, the market's initial reaction to this announcement was a decline of 3.84% in Fossil's stock price. While index inclusion typically attracts passive investment, its short-term impact was not a strong enough catalyst to drive significant upward movement in the stock.

3. Analyst Optimism with High Price Targets Yet to Translate into Sustained Market Movement.

Despite the stock remaining largely at the same level, Wall Street analysts maintain a positive outlook for Fossil. As of late June and early July 2026, the consensus analyst rating is a "Moderate Buy" or "Strong Buy" from a limited number of analysts. The average price target is $7.00, implying a substantial upside of over 60% from the stock's approximate trading price of $4.36. This suggests that while analysts see long-term potential, the market is awaiting more consistent and fundamental improvements to drive the stock toward these higher price targets.

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Stock Movement Drivers

Fundamental Drivers

The -3.7% change in FOSL stock from 3/31/2026 to 7/6/2026 was primarily driven by a -2.2% change in the company's Shares Outstanding (Mil).
(LTM values as of)33120267062026Change
Stock Price ($)4.314.15-3.7%
Change Contribution By: 
Total Revenues ($ Mil)1,004996-0.8%
P/S Multiple0.20.2-0.7%
Shares Outstanding (Mil)5758-2.2%
Cumulative Contribution-3.7%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 7/6/2026
ReturnCorrelation
FOSL-3.7% 
Market (SPY)15.5%35.5%
Sector (XLY)8.3%48.4%

Fundamental Drivers

The 10.4% change in FOSL stock from 12/31/2025 to 7/6/2026 was primarily driven by a 31.7% change in the company's P/S Multiple.
(LTM values as of)123120257062026Change
Stock Price ($)3.764.1510.4%
Change Contribution By: 
Total Revenues ($ Mil)1,066996-6.6%
P/S Multiple0.20.231.7%
Shares Outstanding (Mil)5258-10.3%
Cumulative Contribution10.4%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 7/6/2026
ReturnCorrelation
FOSL10.4% 
Market (SPY)10.5%32.6%
Sector (XLY)-1.0%37.2%

Fundamental Drivers

The 180.4% change in FOSL stock from 6/30/2025 to 7/6/2026 was primarily driven by a 246.7% change in the company's P/S Multiple.
(LTM values as of)63020257062026Change
Stock Price ($)1.484.15180.4%
Change Contribution By: 
Total Revenues ($ Mil)1,123996-11.4%
P/S Multiple0.10.2246.7%
Shares Outstanding (Mil)5358-8.8%
Cumulative Contribution180.4%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 7/6/2026
ReturnCorrelation
FOSL180.4% 
Market (SPY)22.6%26.9%
Sector (XLY)9.2%29.9%

Fundamental Drivers

The 61.5% change in FOSL stock from 6/30/2023 to 7/6/2026 was primarily driven by a 197.9% change in the company's P/S Multiple.
(LTM values as of)63020237062026Change
Stock Price ($)2.574.1561.5%
Change Contribution By: 
Total Revenues ($ Mil)1,632996-39.0%
P/S Multiple0.10.2197.9%
Shares Outstanding (Mil)5258-11.2%
Cumulative Contribution61.5%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2023 to 7/6/2026
ReturnCorrelation
FOSL61.5% 
Market (SPY)75.5%25.7%
Sector (XLY)42.1%28.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
FOSL Return19%-58%-66%14%125%13%-51%
Peers Return22%-29%37%77%-24%3%66%
S&P 500 Return27%-19%24%23%16%9%99%

Monthly Win Rates [3]
FOSL Win Rate58%50%42%50%42%43% 
Peers Win Rate58%40%60%55%43%60% 
S&P 500 Win Rate75%42%67%75%67%43% 

Max Drawdowns [4]
FOSL Max Drawdown-61%-77%-81%-48%-55%-31% 
Peers Max Drawdown-27%-50%-32%-21%-46%-25% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: WWW, WEYS, ONON, DECK, BIRK.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/6/2026 (YTD)

How Low Can It Go

EventFOSLS&P 500
2025 US Tariff Shock
  % Loss-46.7%-18.8%
  % Gain to Breakeven87.5%23.1%
  Time to Breakeven28 days79 days
2024 Yen Carry Trade Unwind
  % Loss-14.5%-7.8%
  % Gain to Breakeven17.0%8.5%
  Time to Breakeven9 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-59.8%-9.5%
  % Gain to Breakeven148.6%10.5%
  Time to Breakeven619 days24 days
2023 SVB Regional Banking Crisis
  % Loss-57.8%-6.7%
  % Gain to Breakeven137.1%7.1%
  Time to Breakeven1011 days31 days
2020 COVID-19 Crash
  % Loss-48.2%-33.7%
  % Gain to Breakeven93.2%50.9%
  Time to Breakeven67 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-35.0%-19.2%
  % Gain to Breakeven53.9%23.8%
  Time to Breakeven765 days105 days

Compare to WWW, WEYS, ONON, DECK, BIRK

In The Past

Fossil's stock fell -46.7% during the 2025 US Tariff Shock. Such a loss loss requires a 87.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventFOSLS&P 500
2025 US Tariff Shock
  % Loss-46.7%-18.8%
  % Gain to Breakeven87.5%23.1%
  Time to Breakeven28 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-59.8%-9.5%
  % Gain to Breakeven148.6%10.5%
  Time to Breakeven619 days24 days
2023 SVB Regional Banking Crisis
  % Loss-57.8%-6.7%
  % Gain to Breakeven137.1%7.1%
  Time to Breakeven1011 days31 days
2020 COVID-19 Crash
  % Loss-48.2%-33.7%
  % Gain to Breakeven93.2%50.9%
  Time to Breakeven67 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-35.0%-19.2%
  % Gain to Breakeven53.9%23.8%
  Time to Breakeven765 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-67.6%-3.7%
  % Gain to Breakeven208.6%3.9%
  Time to Breakeven352 days6 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-45.2%-17.9%
  % Gain to Breakeven82.4%21.8%
  Time to Breakeven216 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-20.3%-15.4%
  % Gain to Breakeven25.4%18.2%
  Time to Breakeven95 days125 days
2008-2009 Global Financial Crisis
  % Loss-74.3%-53.4%
  % Gain to Breakeven289.5%114.4%
  Time to Breakeven545 days1085 days

Compare to WWW, WEYS, ONON, DECK, BIRK

In The Past

Fossil's stock fell -46.7% during the 2025 US Tariff Shock. Such a loss loss requires a 87.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Fossil (FOSL)

Fossil Group, Inc. (FOSL) is a global company specializing in the design, development, marketing, and distribution of consumer fashion accessories. Its core product categories encompass a wide range of items, including traditional watches, smartwatches, jewelry, handbags, small leather goods, belts, and sunglasses. Beyond its branded offerings, Fossil also manufactures and distributes private label brands and resells other branded products.

The company operates with a dual-brand strategy, utilizing both its own proprietary brands and a portfolio of prominent licensed brands. Proprietary brands include FOSSIL, SKAGEN, MICHELE, RELIC, and ZODIAC. Additionally, Fossil holds licenses for well-recognized names such as ARMANI EXCHANGE, DIESEL, EMPORIO ARMANI, KATE SPADE NEW YORK, MICHAEL KORS, PUMA, TORY BURCH, Skechers, and BMW. These products are distributed internationally, serving markets across the United States, Europe, and Asia.

Fossil serves a broad consumer base through a comprehensive multi-channel distribution network. This network includes company-owned retail and outlet stores, department stores, specialty retail stores, and e-commerce platforms. The company also extends its reach through licensed and franchised stores, retail concessions, and sales on airlines and cruise ships, ensuring its fashion accessories are accessible to customers worldwide.

AI Analysis | Feedback

Here are a few analogies for Fossil:

  • The Tapestry (Coach, Kate Spade parent) of watches and broader fashion accessories.

  • Imagine the Swatch Group, but also making handbags, jewelry, and sunglasses under both its own and many licensed brands.

AI Analysis | Feedback

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  • Traditional Watches: Classic timepieces designed for telling time and as fashion accessories.
  • Smartwatches: Digital watches offering advanced functionalities beyond timekeeping, often including connectivity and health tracking.
  • Jewelry: Decorative items worn for personal adornment, such as necklaces, bracelets, earrings, and rings.
  • Handbags: Fashionable bags carried by hand or over the shoulder, used for carrying personal items.
  • Small Leather Goods: Compact accessories made from leather, such as wallets, cardholders, and keychains.
  • Belts: Strips of material worn around the waist, primarily for fashion or to hold up clothing.
  • Sunglasses: Eyewear designed to protect the eyes from bright sunlight and as a fashion statement.
```

AI Analysis | Feedback

Fossil Group, Inc. (FOSL) primarily sells its products directly to individual consumers through various channels, including its own retail stores, e-commerce sites, department stores, and specialty retailers. Therefore, its major customers are individual consumers, who can be categorized as follows:

  1. Fashion-Oriented Consumers: Individuals who purchase traditional watches, jewelry, handbags, small leather goods, belts, and sunglasses. These customers are driven by style, brand recognition (both Fossil's proprietary brands like FOSSIL, SKAGEN, MICHELE, and licensed brands such as MICHAEL KORS, KATE SPADE NEW YORK, EMPORIO ARMANI), and current fashion trends. They seek accessories to complement their personal style and often shop in department stores, specialty boutiques, and Fossil's own branded stores.
  2. Tech-Integrated Fashion Consumers: This category comprises individuals specifically interested in smartwatches, which combine the aesthetics of traditional fashion accessories with modern technology and connectivity. These consumers value both style and functionality in their accessories.
  3. Broad Market Consumers / Gift-Givers: This group includes a wider range of individuals seeking accessible fashion accessories for everyday use or as gifts. They may be drawn to the variety of styles and price points available across Fossil's extensive brand portfolio, shopping through various channels including mass market stores, outlet stores, and online platforms.

AI Analysis | Feedback

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AI Analysis | Feedback

Franco Fogliato, Chief Executive Officer

Franco Fogliato was appointed Chief Executive Officer and a Director in September 2024. Prior to joining Fossil Group, he served as President and Chief Executive Officer of Salomon, a division of Amer Sports, Inc., from November 2021 until April 2024.

Randy Greben, Chief Financial Officer

Randy Greben serves as the Chief Financial Officer of Fossil Group, Inc.

Shannon Freeze, Chief People and Communications Officer

Shannon Freeze was appointed Chief People and Communications Officer, effective February 23, 2026. Her background includes 13 years at Texas Instruments, a semiconductor company, where she held various HR leadership positions, overseeing global benefits, people operations, and systems. She also previously worked at E.I. du Pont de Nemours.

Steve Evans, Chief Brand Officer

Steve Evans joined Fossil Group in 2014 and is recognized for transforming the organization's digital strategy by leading innovations in marketing, e-commerce, and smartwatch design. Before his tenure at Fossil Group, he held executive leadership positions at prominent global brands, including Converse, Levi's, Dockers, The Gap, and Old Navy. Additionally, he founded Evans Business Group, LLC in 2014 and is the Managing Director of econymous, LLC, a consultancy specializing in blockchain, cryptocurrency, and artificial intelligence.

Antonio Carriero, Chief Digital Information Officer and General Manager EMEA

Antonio Carriero serves as the Chief Digital Information Officer and General Manager EMEA for Fossil Group, Inc.

AI Analysis | Feedback

Key Risks to Fossil Group (FOSL)

  1. Financial Health and High Leverage: Fossil Group faces significant financial challenges, including an Altman Z-Score indicating a distress zone and potential bankruptcy risk. The company has a high debt-to-equity ratio and has experienced material, multi-year revenue declines, with net sales falling 12.3% in 2025. Profitability remains a challenge, with negative net and operating margins. Furthermore, high leverage and restrictive debt covenants limit financial flexibility and increase refinancing risks, with debt restructuring expected to increase annual interest costs.
  2. Evolving Consumer Preferences and Market Dynamics: The business is undergoing a difficult transition in a declining traditional watch market, which constitutes over 82% of its revenue, leading to heightened category concentration risk. The company faces competitive pressures from smartwatches, particularly the Apple Watch, and an oversupply in luxury watches, despite Fossil Group also being a player in the wearables market. This indicates a struggle for its core business to adapt to shifts in consumer preferences within the fashion accessories sector.
  3. Macroeconomic Headwinds and Supply Chain/Tariff Risks: Fossil Group is exposed to macro volatility due to sales weakness in key markets like Europe and China. Heightened tariff risks and shifts in trade policy, particularly a heavy reliance on Chinese sourcing, threaten supply chain stability and margin resilience, as tariffs reduced gross margin by approximately 140 basis points in 2025. The company's performance is also tied to trade policy, foreign exchange, and geopolitical stability, given that 67.4% of its sales are generated outside the U.S. Additionally, structural retail headwinds, such as weakened mall traffic, continue to impact its numerous brick-and-mortar stores.

AI Analysis | Feedback

1. The increasing dominance of technology companies (e.g., Apple, Samsung, Google) in the smartwatch market. These companies leverage extensive research and development budgets, integrated software ecosystems, and established consumer tech platforms to offer smartwatches with superior functionality, health monitoring, and seamless user experiences. Fossil, primarily a fashion accessories company, struggles to compete effectively on technology and ecosystem integration, potentially rendering its fashion-first smartwatch strategy less competitive as consumers increasingly prioritize advanced tech features and seamless integration with their existing devices. This shift mirrors how smartphones from tech companies disrupted traditional phone manufacturers.

2. The widespread adoption and market share growth of direct-to-consumer (DTC) and ultra-fast fashion business models. These agile competitors can offer fashion accessories, including jewelry, handbags, and other small leather goods, at more competitive prices and with faster trend responsiveness by bypassing traditional wholesale and retail distribution channels. This puts pressure on Fossil's established multi-channel retail operations and its ability to compete on price and speed-to-market across its diverse product portfolio.

AI Analysis | Feedback

Fossil Group, Inc. (FOSL) operates in several consumer fashion accessory markets. The addressable market sizes for their main products are as follows:

  • Traditional Watches: The global watches market size was estimated at USD 69.10 billion in 2025.
  • Smartwatches: The global smartwatch market size reached USD 53.2 billion in 2024.
  • Jewelry: The global jewelry market size was approximately USD 389.13 billion in 2024.
  • Handbags: The global handbag market size was valued at USD 66.76 billion in 2024.
  • Small Leather Goods: The global small leather goods/accessories market size was estimated at USD 21.79 billion in 2022.
  • Belts: The global belt market is valued at USD 10.2 billion as of 2025.
  • Sunglasses: The global sunglasses market size was valued at USD 43.03 billion in 2025.

AI Analysis | Feedback

Here are the expected drivers of future revenue growth for Fossil Group, Inc. (FOSL) over the next 2-3 years:

  1. Shift to a Full-Price Selling Model: Fossil Group is prioritizing a full-price selling model, which is expected to lead to higher average unit retail (AUR) and improved channel profitability. While this strategy initially caused some sales declines due to reduced discounting, it is anticipated to contribute to healthier and more profitable revenue growth in the long term.
  2. Product Innovation and Enhanced Brand Engagement: The company is focused on fueling product innovation, including the relaunch of iconic items like the Big Tic watch and the introduction of new premium platforms such as the Signature series. Additionally, Fossil aims to boost consumer engagement through high-impact marketing campaigns, influencer collaborations, and in-store activations to drive product visibility and sales across key channels.
  3. Strategic Market Expansion: Fossil Group sees significant opportunities for growth in strategic markets, particularly in high-growth regions like India, which has been identified as one of the fastest-growing large economies. This geographic expansion is expected to contribute to an increased customer base and sales.
  4. Growth in Wholesale Traditional Watch Business for Core Brands: The global wholesale traditional watch business for Fossil's core licensed brands demonstrated growth in 2025. Continued momentum in this segment is expected to serve as an ongoing revenue driver.

AI Analysis | Feedback

Share Repurchases

  • Fossil Group's buyback yield was -2.13%, suggesting net issuance or minimal repurchases over the period.

Share Issuance

  • Fossil Group had 58.36 million shares outstanding, with the number of shares increasing by 2.13% in one year.

Capital Expenditures

  • Capital expenditures in the most recent quarter (Q3 2025) totaled approximately $0.342 million.
  • This represented a decrease of 57.5% from the prior quarter in Q3 2025.

Better Bets vs. Fossil (FOSL)

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

FOSLWWWWEYSONONDECKBIRKMedian
NameFossil Wolverin.Weyco On Deckers .Birkenst. 
Mkt Price4.1517.0038.7436.87105.6746.1637.80
Mkt Cap0.21.40.423.614.98.54.9
Rev LTM9961,9202763,1195,4722,1822,051
Op Inc LTM28163304171,263547290
FCF LTM-23132493161,097310221
FCF 3Y Avg-8136543111,000299218
CFO LTM-19141514011,182415271
CFO 3Y Avg-2152563771,087389265

Growth & Margins

FOSLWWWWEYSONONDECKBIRKMedian
NameFossil Wolverin.Weyco On Deckers .Birkenst. 
Rev Chg LTM-11.4%8.3%-3.7%23.0%9.8%11.5%9.0%
Rev Chg 3Y Avg-15.1%-9.5%-8.0%30.5%14.7%17.6%3.4%
Rev Chg Q-3.7%11.0%-0.0%14.5%9.6%7.7%8.6%
QoQ Delta Rev Chg LTM-0.8%2.4%-0.0%3.5%1.8%2.1%1.9%
Op Inc Chg LTM304.8%39.0%-16.2%67.0%7.1%8.5%23.8%
Op Inc Chg 3Y Avg-82.2%610.5%-13.1%50.3%25.4%20.1%22.8%
Op Mgn LTM2.8%8.5%10.7%13.4%23.1%25.1%12.1%
Op Mgn 3Y Avg-1.6%5.1%12.0%10.9%22.8%23.4%11.4%
QoQ Delta Op Mgn LTM0.5%0.5%0.2%0.9%-0.7%-1.0%0.3%
CFO/Rev LTM-1.9%7.3%18.3%12.8%21.6%19.0%15.6%
CFO/Rev 3Y Avg-0.4%7.9%19.2%15.3%22.2%20.4%17.3%
FCF/Rev LTM-2.3%6.9%17.6%10.1%20.1%14.2%12.2%
FCF/Rev 3Y Avg-0.9%7.1%18.5%12.7%20.4%15.7%14.2%

Valuation

FOSLWWWWEYSONONDECKBIRKMedian
NameFossil Wolverin.Weyco On Deckers .Birkenst. 
Mkt Cap0.21.40.423.614.98.54.9
P/S0.20.71.37.62.73.92.0
P/Op Inc8.68.512.356.411.815.512.1
P/EBIT-38.48.411.184.211.215.711.2
P/E-3.913.415.494.114.623.915.0
P/CFO-12.59.97.258.812.620.511.3
Total Yield-25.4%9.9%14.5%1.1%6.9%4.2%5.5%
Dividend Yield0.0%2.4%8.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-2.4%12.8%18.0%1.3%5.8%3.8%4.8%
D/E1.40.60.00.00.00.20.1
Net D/E1.00.5-0.2-0.0-0.10.10.1

Returns

FOSLWWWWEYSONONDECKBIRKMedian
NameFossil Wolverin.Weyco On Deckers .Birkenst. 
1M Rtn4.8%7.6%10.4%-0.6%-2.3%9.0%6.2%
3M Rtn-14.4%8.0%21.3%9.5%4.0%31.2%8.8%
6M Rtn9.5%-7.0%28.5%-24.8%-2.2%10.5%3.6%
12M Rtn148.5%-12.9%24.9%-31.3%-0.6%-5.9%-3.2%
3Y Rtn56.6%34.7%73.6%17.3%20.3%14.8%27.5%
1M Excs Rtn3.7%7.1%13.2%-1.5%-1.4%9.6%5.4%
3M Excs Rtn-25.3%-7.3%6.1%-2.9%-7.0%18.8%-4.9%
6M Excs Rtn0.3%-14.8%18.6%-30.8%-8.2%2.8%-4.0%
12M Excs Rtn127.5%-33.5%5.5%-52.4%-21.6%-26.9%-24.3%
3Y Excs Rtn-5.5%-40.5%8.1%-56.9%-50.3%-57.4%-45.4%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2025202420232022
Traditional watches8158731,0151,288
Jewelry91114131159
Leathers70111158158
Other17222741
Smartwatches122581224
Total1,0041,1451,4121,870


Operating Income by Segment
$ Mil2015201320122011
Asia Pacific Wholesale123130127109
Corporate-184-181-158-147
Direct to customer115889987
Europe Wholesale261219174188
North America Wholesale251306247235
Total567562489472


Assets by Segment
$ Mil2015201320122011
Asia Pacific Wholesale585517417258
Corporate168163146176
Direct to customer353335313247
Europe Wholesale385535355437
North America Wholesale716680611525
Total2,2082,2301,8421,643


Price Behavior

Price Behavior
Market Price$4.15 
Market Cap ($ Bil)0.2 
First Trading Date04/08/1993 
Distance from 52W High-26.0% 
   50 Days200 Days
DMA Price$2.52$2.61
DMA Trendupdown
Distance from DMA64.5%59.0%
 3M1YR
Volatility56.4%100.0%
Downside Capture272.88228.63
Upside Capture87.39290.61
Correlation (SPY)35.4%27.2%
FOSL Betas & Captures as of 6/30/2026

 1M2M3M6M1Y3Y
Beta0.401.131.681.622.151.63
Up Beta-1.58-0.781.351.121.060.83
Down Beta1.841.380.991.642.061.61
Up Capture12%117%154%207%831%1633%
Bmk +ve Days11244067140429
Stock +ve Days11223462120327
Down Capture71%193%258%166%162%112%
Bmk -ve Days10172358112321
Stock -ve Days10182861125391

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FOSL
FOSL162.0%100.0%1.40-
Sector ETF (XLY)7.9%18.6%0.2729.4%
Equity (SPY)22.2%12.5%1.3226.6%
Gold (GLD)23.7%27.8%0.7513.8%
Commodities (DBC)21.2%18.6%0.901.4%
Real Estate (VNQ)12.4%13.8%0.6124.5%
Bitcoin (BTCUSD)-43.6%42.7%-1.2314.1%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FOSL
FOSL-20.3%88.8%0.13-
Sector ETF (XLY)6.7%23.9%0.2435.9%
Equity (SPY)13.5%17.1%0.6133.6%
Gold (GLD)18.1%18.3%0.807.7%
Commodities (DBC)7.3%19.5%0.278.9%
Real Estate (VNQ)2.7%18.9%0.0530.6%
Bitcoin (BTCUSD)14.2%53.6%0.4516.9%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FOSL
FOSL-17.7%95.6%0.21-
Sector ETF (XLY)12.7%22.1%0.5329.1%
Equity (SPY)15.4%18.0%0.7325.7%
Gold (GLD)12.3%16.1%0.623.2%
Commodities (DBC)5.8%18.0%0.2510.5%
Real Estate (VNQ)5.4%20.7%0.2222.7%
Bitcoin (BTCUSD)58.3%66.2%0.988.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity3.1 Mil
Short Interest: % Change Since 5312026-5.7%
Average Daily Volume0.6 Mil
Days-to-Cover Short Interest4.9 days
Basic Shares Quantity58.4 Mil
Short % of Basic Shares5.2%

Earnings Returns History

Updated 6/16/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/13/20266.1%-3.7%7.1%
3/11/202616.5%6.6%24.8%
11/13/2025-9.3%5.2%64.8%
8/13/202529.8%63.5%72.4%
5/14/202515.9%19.0%5.6%
3/12/202529.1%7.1%-22.6%
11/7/2024-8.7%3.1%66.1%
8/8/2024-2.6%-6.1%-10.5%
...
SUMMARY STATS   
# Positive121513
# Negative131012
Median Positive16.2%16.5%36.8%
Median Negative-8.7%-18.4%-23.6%
Max Positive29.8%78.8%122.6%
Max Negative-37.5%-36.3%-41.7%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/13/20266.1%-3.7%7.1%
3/11/202616.5%6.6%24.8%
11/13/2025-9.3%5.2%64.8%
8/13/202529.8%63.5%72.4%
5/14/202515.9%19.0%5.6%
3/12/202529.1%7.1%-22.6%
11/7/2024-8.7%3.1%66.1%
8/8/2024-2.6%-6.1%-10.5%
5/8/2024-5.0%16.5%25.8%
3/13/2024-6.5%16.6%3.6%
11/8/2023-32.4%-26.6%-26.0%
8/9/2023-6.6%-17.4%-14.5%
5/10/2023-10.9%-36.3%-28.6%
3/8/2023-10.7%-17.0%-22.6%
11/9/202224.0%35.6%36.8%
8/10/2022-6.5%-19.4%-41.7%
5/11/2022-5.0%-10.9%-18.9%
3/9/2022-37.5%-33.5%-35.0%
11/10/202122.7%12.1%-24.6%
8/11/20219.2%3.3%-3.7%
5/12/202113.0%32.0%55.6%
3/10/2021-16.3%-22.0%-28.0%
11/12/202024.5%78.8%122.6%
8/12/202014.2%15.3%55.6%
6/3/202014.4%32.8%16.3%
SUMMARY STATS   
# Positive121513
# Negative131012
Median Positive16.2%16.5%36.8%
Median Negative-8.7%-18.4%-23.6%
Max Positive29.8%78.8%122.6%
Max Negative-37.5%-36.3%-41.7%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/14/202610-Q
12/31/202503/12/202610-K
09/30/202511/13/202510-Q
06/30/202508/14/202510-Q
03/31/202505/15/202510-Q
12/31/202403/12/202510-K
09/30/202411/07/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202303/13/202410-K
09/30/202311/09/202310-Q
06/30/202308/10/202310-Q
03/31/202305/11/202310-Q
12/31/202203/09/202310-K
09/30/202211/10/202210-Q
06/30/202208/11/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/14/202610-Q
12/31/202503/12/202610-K
09/30/202511/13/202510-Q
06/30/202508/14/202510-Q
03/31/202505/15/202510-Q
12/31/202403/12/202510-K
09/30/202411/07/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202303/13/202410-K
09/30/202311/09/202310-Q
06/30/202308/10/202310-Q
03/31/202305/11/202310-Q
12/31/202203/09/202310-K
09/30/202211/10/202210-Q
06/30/202208/11/202210-Q
03/31/202205/12/202210-Q
12/31/202103/10/202210-K
09/30/202111/12/202110-Q
06/30/202108/12/202110-Q
03/31/202105/13/202110-Q
12/31/202003/12/202110-K
09/30/202011/12/202010-Q
06/30/202008/13/202010-Q
03/31/202006/10/202010-Q
12/31/201902/27/202010-K
09/30/201911/07/201910-Q
06/30/201908/08/201910-Q

Recent Forward Guidance

Updated 6/1/2026

Latest: Q1 2026 Earnings Reported 5/13/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue Growth-6.0%-5.0%-4.0%00AffirmedGuidance: -5.0% for 2026
2026 Adjusted Operating Margin3.0%4.0%5.0%00AffirmedGuidance: 4.0% for 2026
2026 Free Cash Flow 0 0 AffirmedGuidance: 0 for 2026

Prior: Q4 2025 Earnings Reported 3/11/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue Growth-6.0%-5.0%-4.0%-66.7%10.0%Higher NewActual: -15.0% for 2025
2026 Operating Margin3.0%4.0%5.0% 4.0%Higher NewActual: 0.0% for 2025
2026 Free Cash Flow 0    
2028 Revenue Growth2.0%3.5%5.0%   
2028 Operating Margin5.0%7.0%9.0%   
2028 Free Cash Flow      

Q3 2025 Earnings Reported 11/13/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2025 Worldwide Net Sales Growth -15.0% 0.0% AffirmedGuidance: -15.0% for 2025
2025 Adjusted Operating Margin 0.0% 0.0% AffirmedGuidance: 0.0% for 2025

Insider Activity

Updated 5/20/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Schoppert, Wendy Lee DirectBuy52020264.1424,331100,730499,387Form
2Coulter, Suzanne M DirectBuy120420253.6228,170101,975356,414Form
3Greben, Randy JCFODirectBuy112520252.3820,98049,932406,932Form
4Tifford, Gail B DirectBuy112420252.4033,00079,200326,220Form
5Schoppert, Wendy Lee DirectBuy112420252.4741,322102,065108,156Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Schoppert, Wendy Lee DirectBuy52020264.1424,331100,730499,387Form
2Coulter, Suzanne M DirectBuy120420253.6228,170101,975356,414Form
3Greben, Randy JCFODirectBuy112520252.3820,98049,932406,932Form
4Tifford, Gail B DirectBuy112420252.4033,00079,200326,220Form
5Schoppert, Wendy Lee DirectBuy112420252.4741,322102,065108,156Form
6Edwards, Pamela J DirectBuy112120252.3710,00023,70029,544Form
7Martin, Joe TChief Commercial OfficerDirectBuy112020251.7856,180100,000330,655Form
8Fogliato, FrancoCEODirectBuy111920251.80200,000359,5003,505,125Form
Core Cache Last Updated: 7/6/2026