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Stock impact report

Fossil: Continued Declining Sales And Macro Headwinds Make Me Bearish [Seeking Alpha]

Fossil Group, Inc. (FOSL) 
Last fossil group, inc. earnings: 11/6 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: fossilgroup.com/investors
Company Research Source: Seeking Alpha
Gross margin improved to 56.1% from 52.2%, reflecting enhanced product margins and benefits from full-price selling and sourcing initiatives. Operating expenses fell significantly, with SG&A down to $540.1 million and restructuring charges reduced, supporting a narrower operating loss. Operating margin improved to -1.9% from -9.1%, indicating progress from restructuring and cost reduction programs despite ongoing losses. Due to the continued weak demand and macroeconomic headwinds - including consumer confidence and elevated energy prices - I rate FOSL as a sell. SweetBabeeJay/iStock Editorial via Getty Images The demand for Fossil Group, Inc.'s ( FOSL ) products has been continuously declining over the past years, and their bottom-line results also consistently came in negative. Although the stock price in the past 12 months increased Past performance is not an indicator of future performance. This post is illustrative and educational and is not a specific offer of produ Show less Read more
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