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Stock impact report

Fossil Group: Operational Progress Masked By Royalty Payment Obligations, Strong Buy [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
However, these payments are expected to decline substantially next year. The company's core traditional watch business showed encouraging trends and management reiterated full-year expectations. Subsequent to quarter-end, the company consummated an important restructuring transaction which addressed legacy debt obligations and provided additional funds for the implementation of Fossil's ambitious turnaround plan. Fossil continues to trade at a steep discount to industry peers. With the company's turnaround plan apparently on track, I am reiterating my "Strong Buy" rating and $6.50 price target. BalkansCat/iStock Editorial via Getty Images I have discussed Fossil Group ( FOSL ) previously, so investors should view this as an update to my earlier coverage of the company. It's been a wild ride for shareholders of lifestyle accessories giant Fossil More on my IG service Massively Outperform in Any Market Value Investor's Edge provides the world's best energy, shipping, Show less Read more
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