Fossil Group (FOSL) Set to Announce Quarterly Earnings on Wednesday

Fossil Group (NASDAQ:FOSL) will be releasing its earnings data after the market closes on Wednesday, May 8th. Fossil Group has set its FY 2024 guidance at EPS.Parties interested in listening to the company’s conference call can do so using this link.

Fossil Group (NASDAQ:FOSL) last posted its earnings results on Wednesday, March 13th. The accessories brand company reported ($0.30) earnings per share (EPS) for the quarter. The firm had revenue of $421.30 million during the quarter. Fossil Group had a negative net margin of 11.12% and a negative return on equity of 37.90%.

Fossil Group Stock Up 11.8 %

FOSL stock opened at $1.01 on Monday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.34 and a current ratio of 2.08. Fossil Group has a one year low of $0.75 and a one year high of $3.30. The firm’s fifty day moving average is $0.92 and its 200 day moving average is $1.18. The firm has a market cap of $53.46 million, a PE ratio of -0.34 and a beta of 2.09.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Fossil Group from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd.

Fossil Group Company Profile

Fossil Group, Inc, together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories in the United States, Europe, Asia, and internationally. The company's products include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts, and sunglasses.