Key Takeaways ANF raised its fiscal 2026 sales, margin and earnings outlook amid broad-based sales growth. TLYS expects current-year earnings growth of more than 100%, as estimates improved over 100% in seven days.FIGS is expanding beyond core scrubs, with innovation and strong full-price selling supporting margin growth. The Shoes and Retail Apparel industry is benefiting from strong momentum in premiumization, performance innovation and digital expansion. The Zacks-defined Retail – Apparel and Shoes industry is currently within the top 26% of the Zacks Industry Rank. Since it is ranked in the top half of the Zacks Ranked Industries, we expect it to outperform the market over the next three to six months.
Growing consumer preference for functional, comfortable and durable products, supported by rising health awareness and active lifestyles, is fueling the demand for technical footwear, athleisure and versatile apparel. Advances in materials, cushioning, sustainability and customization are also strengthening brand differentiation and pricing power.
Here, we recommend five apparel and shoes stocks with a favorable Zacks Rank that have surged year to date. Investment in these stocks should be prudent for the rest of 2026. These stocks are: Abercrombie & Fitch Co. (ANF - Free Report) , Genesco Inc. (GCO - Free Report) , Tilly's Inc. (TLYS - Free Report) , Fossil Group Inc. (FOSL - Free Report) and FIGS Inc. (FIGS - Free Report) .
Each of our picks currently carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The chart below shows the price performance of our five picks year-to-date.
Image Source: Zacks Investment Research
Abercrombie & Fitch Co.Zacks Rank #1 Abercrombie & Fitch is benefiting from broad-based sales growth, better product acceptance and disciplined inventory management. Abercrombie brand momentum has strengthened, while Hollister remains supported by new channels, categories and back-to-school demand.
ANF raised its fiscal 2026 sales, margin and earnings outlook, and continued share repurchases underscore balance-sheet flexibility. Store expansion, digital investments and partnerships should support ANF’s longer-term growth.
Abercrombie & Fitch has an expected revenue and earnings growth rate of 4.6% and 12.7%, respectively, for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 5.1% in the last 30 days.
Genesco Inc.Zacks Rank #1 Genesco is a specialty retail and branded company that sells footwear and accessories in retail stores throughout the United States, Canada, the United Kingdom and the Republic of Ireland. GCO sells products principally under the brand names Journeys, Journeys Kidz, Little Burgundy, Schuh, Schuh Kids, and Johnston & Murphy.
GCO also offers products on various websites. In addition, GCO sells footwear at wholesale under its Johnston & Murphy brand, the licensed Levi's brand, the licensed Dockers brand, the licensed Bass brand, and other brands.
Genesco has an expected revenue and earnings growth rate of -0.1% and 67.1%, respectively, for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 4.4% over the last seven days.
Tilly's Inc.Zacks Rank #2 Tilly's is a specialty retailer in the action sports industry selling clothing, shoes and accessories. TLYS distributes T-shirts, sweatshirts, jackets, shorts, pants, jeans, sweaters, swimwear, shoes and accessories for men, women and kids through its website.
TLYS sells denim apparel and cologne for guys, boys and juniors and apparel, footwear and accessories for juniors and girls under RSQ, Full Tilt, Blue Crown and Infamous brand names. TLYS sells its merchandise through its stores and e-commerce website.
Tilly’s has an expected revenue and earnings growth rate of 6.6% and more than 100%, respectively, for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved more than 100% over the last seven days.
Fossil Group Inc.Zacks Rank #2 Fossil Group is involved in the design, marketing and distribution of consumer fashion accessories. FOSL’s product portfolio includes men's and women's watches, handbags, belts, small leather goods, jewelry, sunglasses, hats, gloves and scarves, jeans, outerwear, fashion tops and bottoms, T-shirts as well as optical frames.
FOSL operates in four different segments: the North America Wholesale segment, the Europe Wholesale segment, the Asia Pacific Wholesale segment and the Direct-to-Consumer segment.
FOSL serves the market through department stores, specialty retail stores, specialty watch and jeweler stores, retail and outlet stores, mass market stores, clothing stores as well as through its catalogs and website.
Fossil Group has an expected revenue and earnings growth rate of -4% and 96.7%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved more than 100% over the last 30 days.
FIGS Inc.Zacks Rank #2 FIGS is strengthening its growth profile through broad momentum across categories, geographies and channels, supported by resilient healthcare demand and brand engagement. FIGS’ product expansion beyond core scrubs is increasing share-of-wallet opportunities through adjacent apparel and footwear, while international markets are emerging as a long-term growth vector.
Continued fit and fabric innovation and collaborations are enhancing customer appeal and expanding the addressable market. Strong full-price selling, lower returns and operating leverage are supporting FIGS’ margin expansion. Effective inventory management and a solid cash position provide flexibility to reinvest in FIGS’ growth projects.
FIGS has an expected revenue and earnings growth rate of 18.2% and 89.5%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 38.5% over the last 60 days.
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Fossil Group (FOSL - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.
Fossil Group is a member of our Retail-Wholesale group, which includes 190 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Fossil Group is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for FOSL's full-year earnings has moved 73.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that FOSL has returned about 37% since the start of the calendar year. At the same time, Retail-Wholesale stocks have gained an average of 0.9%. As we can see, Fossil Group is performing better than its sector in the calendar year.
One other Retail-Wholesale stock that has outperformed the sector so far this year is Genesco (GCO - Free Report) . The stock is up 44.6% year-to-date.
For Genesco, the consensus EPS estimate for the current year has increased 4.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Fossil Group belongs to the Retail - Apparel and Shoes industry, a group that includes 39 individual companies and currently sits at #65 in the Zacks Industry Rank. On average, stocks in this group have lost 14.5% this year, meaning that FOSL is performing better in terms of year-to-date returns. Genesco is also part of the same industry.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Fossil Group and Genesco as they could maintain their solid performance.
Deckers Outdoor (NYSE:DECK – Get Free Report) and Fossil Group (NASDAQ:FOSL – Get Free Report) are both consumer discretionary companies, but which is the better investment? We will compare the two businesses based on the strength of their valuation, risk, analyst recommendations, profitability, institutional ownership, dividends and earnings.
Volatility and Risk Deckers Outdoor has a beta of 1.15, meaning that its share price is 15% more volatile than the S&P 500. Comparatively, Fossil Group has a beta of 1.61, meaning that its share price is 61% more volatile than the S&P 500.
Institutional and Insider Ownership 97.8% of Deckers Outdoor shares are owned by institutional investors. Comparatively, 61.1% of Fossil Group shares are owned by institutional investors. 0.4% of Deckers Outdoor shares are owned by company insiders. Comparatively, 3.8% of Fossil Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Analyst Recommendations This is a summary of current ratings for Deckers Outdoor and Fossil Group, as reported by MarketBeat.com. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Deckers Outdoor 3 13 9 0 2.24 Fossil Group 1 1 2 0 2.25 Deckers Outdoor presently has a consensus target price of $114.80, suggesting a potential upside of 39.12%. Fossil Group has a consensus target price of $7.50, suggesting a potential upside of 46.77%. Given Fossil Group’s stronger consensus rating and higher possible upside, analysts clearly believe Fossil Group is more favorable than Deckers Outdoor.
Profitability This table compares Deckers Outdoor and Fossil Group’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Deckers Outdoor 18.54% 41.51% 26.55% Fossil Group -7.09% -59.76% -7.53% Valuation & Earnings This table compares Deckers Outdoor and Fossil Group”s gross revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Deckers Outdoor $5.47 billion 2.05 $1.02 billion $7.05 11.70 Fossil Group $985.17 million 0.31 -$78.30 million ($1.28) -3.99 Deckers Outdoor has higher revenue and earnings than Fossil Group. Fossil Group is trading at a lower price-to-earnings ratio than Deckers Outdoor, indicating that it is currently the more affordable of the two stocks.
Summary Deckers Outdoor beats Fossil Group on 10 of the 14 factors compared between the two stocks.
(Get Free Report)
Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name. It also provides relaxed casual shoes and sandals under the Sanuk brand name; casual footwear fashion line under the Koolaburra brand name; and footwear under the AHNU brand name. The company sells its products through domestic and international retailers; international distributors; and directly to its consumers through its direct-to-consumer business, which includes e-commerce websites and retail stores. Deckers Outdoor Corporation was founded in 1973 and is headquartered in Goleta, California.
About Fossil Group (Get Free Report)
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. It also manufactures and distributes private label brands, as well as branded products purchased for resell in other branded retail stores. The company offers its products under its proprietary brands, such as FOSSIL, SKAGEN, MICHELE, RELIC, and ZODIAC; and under the licensed brands, including ARMANI EXCHANGE, DIESEL, DKNY, EMPORIO ARMANI, KATE SPADE NEW YORK, MICHAEL KORS, TORY BURCH, and Skechers. The company sells its products through company-owned retail and outlet stores, department and specialty retail stores, mass market stores, e-commerce sites, licensed and franchised FOSSIL retail stores, and retail concessions, as well as sells its products on airlines. The company was formerly known as Fossil, Inc. and changed its name to Fossil Group, Inc. in May 2013. Fossil Group, Inc. was founded in 1984 and is headquartered in Richardson, Texas.
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Key Takeaways Wolverine posted 6.8% revenue growth in Q2, with Merrell up 11.1% and Saucony gaining 9.9%.Merrell and Saucony make up about two-thirds of WWW's business and remain central to its growth strategy.Wolverine lifted its 2026 revenue outlook to $1.98-$2 billion, backed by strong first-half momentum. Wolverine World Wide, Inc.’s (WWW - Free Report) diverse brand portfolio remains a key growth driver, combining category authority with exposure to outdoor, running, work and women’s activewear markets. Its portfolio includes Merrell, Saucony, Wolverine, Sweaty Betty and several other owned or licensed labels. Distribution across roughly 170 countries and territories further extends the company’s consumer reach.
The strategy gained traction in second-quarter 2026. Revenues increased 6.8% year over year to $506.4 million. Merrell’s sales rose 11.1% to $175.5 million, Saucony advanced 9.9% to $158.6 million and the Wolverine brand grew 6.6% to $39.6 million. Together, Merrell and Saucony account for approximately two-thirds of the company’s business.
Product innovation and sharper storytelling are reinforcing this momentum. Merrell is revitalizing outdoor icons such as Moab 3 while expanding its trail-running and lifestyle franchises, supported by the “It Starts Outside” campaign and key-city activations. Meanwhile, Saucony is pairing performance products, including Endorphin Elite 3, with fashion collaborations and community running events to build international relevance.
The broader portfolio also presents turnaround opportunities. Sweaty Betty grew approximately 3% excluding its planned U.S. market reset, while management is applying the proven Merrell-Saucony growth playbook to the Wolverine brand. Cross-brand collaboration offers another potential avenue, with a women-focused Saucony apparel capsule developed alongside Sweaty Betty scheduled to launch in early 2027.
Backed by first-half momentum, Wolverine raised its 2026 revenue outlook to $1.98-$2 billion and projects an adjusted operating margin of approximately 9.9%. U.S. tariffs, gross-margin pressure, Sweaty Betty’s ongoing reset and softness in parts of the Work Group warrant attention. Despite these challenges, portfolio breadth, global distribution and disciplined brand investment support the company’s long-term growth prospects.
WWW’s Price Performance, Valuation & EstimatesOver the past six months, Wolverine’s stock has gained 24.3% against the Zacks Shoes and Retail Apparel industry’s 27.1% decline.
Image Source: Zacks Investment Research
From a valuation standpoint, the company trades at a trailing price-to-sales ratio of 0.87, below the industry’s average of 1.18. It has a Value Score of A.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for WWW’s current and next financial years’ earnings implies year-over-year growth of 22.4% and 13.1%, respectively. Earnings estimates for 2026 and 2027 have been revised upward by 2 cents and 1 cent, respectively, over the past seven days.
Image Source: Zacks Investment Research
Wolverine currently carries a Zacks Rank #2 (Buy).
Other Key PicksFIGS, Inc. (FIGS - Free Report) is an apparel company focused on the healthcare industry. Its offerings include lab coats, jackets, footwear, bags, socks and other accessories used by healthcare professionals. The company carries a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for FIGS’ current financial-year earnings and sales suggests growth of 89.5% and 18.2%, respectively, from the year-ago actuals. FIGS delivered a trailing four-quarter average earnings surprise of 201.8%.
Boot Barn Holdings, Inc. (BOOT - Free Report) is the largest lifestyle retailer in the United States, specializing in western and work-related footwear, apparel and accessories. The company also holds a Zacks Rank #2 at present.
The Zacks Consensus Estimate for Boot Barn’s current fiscal-year earnings and sales suggests growth of 22.6% and 15.7%, respectively, from the year-ago actuals. BOOT delivered a trailing four-quarter average earnings surprise of 11.4%.
Fossil Group, Inc. (FOSL - Free Report) is involved in designing, marketing and distributing consumer fashion accessories. It also carries a Zacks Rank #2.
The Zacks Consensus Estimate for Fossil Group’s current fiscal-year earnings suggests growth of 96.7% from the year-ago actuals. FOSL delivered a trailing four-quarter average negative earnings surprise of 236.2%.
BlackRock Inc. purchased a new stake in Fossil Group, Inc. (NASDAQ:FOSL – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 3,686,704 shares of the accessories brand company’s stock, valued at approximately $15,263,000. BlackRock Inc. owned 6.24% of Fossil Group at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Goldman Sachs Group Inc. increased its stake in Fossil Group by 43.6% during the first quarter. Goldman Sachs Group Inc. now owns 144,375 shares of the accessories brand company’s stock worth $166,000 after acquiring an additional 43,849 shares during the last quarter. Jane Street Group LLC increased its position in shares of Fossil Group by 93.1% during the 1st quarter. Jane Street Group LLC now owns 42,584 shares of the accessories brand company’s stock worth $49,000 after purchasing an additional 20,530 shares during the last quarter. Acadian Asset Management LLC raised its holdings in Fossil Group by 154.1% in the 1st quarter. Acadian Asset Management LLC now owns 459,023 shares of the accessories brand company’s stock valued at $527,000 after buying an additional 278,391 shares during the period. XTX Topco Ltd purchased a new stake in Fossil Group in the 2nd quarter valued at about $122,000. Finally, Nantahala Capital Management LLC lifted its position in Fossil Group by 21.5% in the second quarter. Nantahala Capital Management LLC now owns 5,087,803 shares of the accessories brand company’s stock valued at $7,530,000 after buying an additional 898,626 shares during the last quarter. Institutional investors and hedge funds own 61.14% of the company’s stock.
Insider Transactions at Fossil Group In related news, Director Pamela J. Edwards acquired 7,208 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was acquired at an average price of $5.58 per share, for a total transaction of $40,220.64. Following the purchase, the director owned 50,251 shares of the company’s stock, valued at $280,400.58. This represents a 16.75% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.80% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth A number of equities research analysts have weighed in on FOSL shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Fossil Group in a research report on Friday, July 17th. Wall Street Zen upgraded shares of Fossil Group from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Northland Securities set a $8.00 price objective on shares of Fossil Group in a research report on Thursday, August 13th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $7.50. Get Our Latest Stock Report on FOSL
Fossil Group Trading Up 1.8% Shares of FOSL stock opened at $5.13 on Friday. The company has a debt-to-equity ratio of 2.74, a quick ratio of 1.05 and a current ratio of 1.76. The stock has a market capitalization of $303.39 million, a P/E ratio of -4.01 and a beta of 1.61. The company has a 50 day moving average price of $4.82 and a 200 day moving average price of $4.57. Fossil Group, Inc. has a fifty-two week low of $1.70 and a fifty-two week high of $6.25.
Fossil Group (NASDAQ:FOSL – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The accessories brand company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.29) by $0.16. The business had revenue of $209.69 million during the quarter, compared to the consensus estimate of $199.33 million. Fossil Group had a negative net margin of 7.09% and a negative return on equity of 59.76%. Equities research analysts predict that Fossil Group, Inc. will post -0.04 EPS for the current fiscal year.
Fossil Group Company Profile (Free Report)
Fossil Group, Inc designs, develops, markets and distributes consumer fashion accessories, focusing on lifestyle and wearable technology. The company offers a wide range of products including analog and digital watches, smartwatches, jewelry, handbags, small leather goods and wearable devices. It sells merchandise under its own Fossil brand and via license agreements with international labels such as Michael Kors, Armani Exchange, Burberry, Diesel, DKNY, Kate Spade and Tory Burch. Through its proprietary e-commerce platforms and global retail network, Fossil Group serves markets across North America, Europe, Asia and the Middle East.
The group’s wearable technology segment combines traditional timepieces with features such as fitness tracking, heart-rate monitoring and NFC payments.
Read More Five stocks we like better than Fossil Group The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now Dropping the Dough: Yum! Brands Strategically Trims the Fat These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern Want to see what other hedge funds are holding FOSL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fossil Group, Inc. (NASDAQ:FOSL – Free Report).
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Superior Group of Companies (NASDAQ:SGC – Get Free Report) and Fossil Group (NASDAQ:FOSL – Get Free Report) are both small-cap consumer discretionary companies, but which is the better investment? We will contrast the two businesses based on the strength of their institutional ownership, risk, valuation, analyst recommendations, dividends, earnings and profitability.
Institutional and Insider Ownership 33.8% of Superior Group of Companies shares are held by institutional investors. Comparatively, 61.1% of Fossil Group shares are held by institutional investors. 29.1% of Superior Group of Companies shares are held by insiders. Comparatively, 3.8% of Fossil Group shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Profitability This table compares Superior Group of Companies and Fossil Group’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Superior Group of Companies 1.44% 5.29% 2.47% Fossil Group -7.09% -59.76% -7.53% Earnings & Valuation This table compares Superior Group of Companies and Fossil Group”s top-line revenue, earnings per share and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Superior Group of Companies $566.18 million 0.34 $7.00 million $0.55 22.16 Fossil Group $1.00 billion 0.29 -$78.30 million ($1.28) -3.81 Superior Group of Companies has higher earnings, but lower revenue than Fossil Group. Fossil Group is trading at a lower price-to-earnings ratio than Superior Group of Companies, indicating that it is currently the more affordable of the two stocks.
Volatility & Risk Superior Group of Companies has a beta of 1.45, suggesting that its stock price is 45% more volatile than the S&P 500. Comparatively, Fossil Group has a beta of 1.61, suggesting that its stock price is 61% more volatile than the S&P 500.
Analyst Ratings This is a summary of current ratings and recommmendations for Superior Group of Companies and Fossil Group, as provided by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Superior Group of Companies 0 1 1 0 2.50 Fossil Group 1 1 2 0 2.25 Superior Group of Companies currently has a consensus price target of $18.00, indicating a potential upside of 47.66%. Fossil Group has a consensus price target of $7.50, indicating a potential upside of 53.69%. Given Fossil Group’s higher possible upside, analysts plainly believe Fossil Group is more favorable than Superior Group of Companies.
Summary Superior Group of Companies beats Fossil Group on 9 of the 14 factors compared between the two stocks.
(Get Free Report)
Superior Group of Companies, Inc. manufactures and sells apparel and accessories in the United States and internationally. It operates through three segments: Branded Products, Healthcare Apparel, and Contact Centers. The Branded Products segment produces and sells customized merchandising solutions, promotional products, and branded uniform to chain retailer, food service, entertainment, technology, transportation, and other industries under BAMKO and HPI brands. The Healthcare Apparel segment manufactures and sells healthcare apparel, such as scrubs, lab coats, protective apparel, and patient gowns under the Fashion Seal Healthcare, CID Resources and Wink, and Carhartt brand names. This segment sells healthcare service apparel to healthcare laundries, dealers, distributors, and physical and e-commerce retailers. The Contact Centers segment offers outsourced, nearshore business process outsourcing, and contact and call-center support services. The company was formerly known as Superior Uniform Group, Inc. and changed its name to Superior Group of Companies, Inc. in May 2018. Superior Group of Companies, Inc. was founded in 1920 and is headquartered in St. Petersburg, Florida.
About Fossil Group (Get Free Report)
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. It also manufactures and distributes private label brands, as well as branded products purchased for resell in other branded retail stores. The company offers its products under its proprietary brands, such as FOSSIL, SKAGEN, MICHELE, RELIC, and ZODIAC; and under the licensed brands, including ARMANI EXCHANGE, DIESEL, DKNY, EMPORIO ARMANI, KATE SPADE NEW YORK, MICHAEL KORS, TORY BURCH, and Skechers. The company sells its products through company-owned retail and outlet stores, department and specialty retail stores, mass market stores, e-commerce sites, licensed and franchised FOSSIL retail stores, and retail concessions, as well as sells its products on airlines. The company was formerly known as Fossil, Inc. and changed its name to Fossil Group, Inc. in May 2013. Fossil Group, Inc. was founded in 1984 and is headquartered in Richardson, Texas.
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of FOSL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Fossil Group (FOSL - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.
Fossil Group is a member of our Retail-Wholesale group, which includes 187 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Fossil Group is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for FOSL's full-year earnings has moved 73.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, FOSL has moved about 51.3% on a year-to-date basis. Meanwhile, the Retail-Wholesale sector has returned an average of 5.3% on a year-to-date basis. This shows that Fossil Group is outperforming its peers so far this year.
Another Retail-Wholesale stock, which has outperformed the sector so far this year, is CarMax (KMX - Free Report) . The stock has returned 52.6% year-to-date.
The consensus estimate for CarMax's current year EPS has increased 18.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, Fossil Group is a member of the Retail - Apparel and Shoes industry, which includes 38 individual companies and currently sits at #89 in the Zacks Industry Rank. On average, this group has lost an average of 11.2% so far this year, meaning that FOSL is performing better in terms of year-to-date returns.
CarMax, however, belongs to the Automotive - Retail and Wholesale - Parts industry. Currently, this 6-stock industry is ranked #53. The industry has moved -0.3% so far this year.
Fossil Group and CarMax could continue their solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to these stocks.
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at Fossil Group (FOSL - Free Report) , which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Fossil Group currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for FOSL that show why this watch and accessories maker shows promise as a solid momentum pick.
A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.
For FOSL, shares are up 3.53% over the past week while the Zacks Retail - Apparel and Shoes industry is down 1.95% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 34.54% compares favorably with the industry's 1.48% performance as well.
Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Over the past quarter, shares of Fossil Group have risen 33.89%, and are up 79.68% in the last year. On the other hand, the S&P 500 has only moved 4.05% and 21.62%, respectively.
Investors should also pay attention to FOSL's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. FOSL is currently averaging 1,070,926 shares for the last 20 days.
Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with FOSL.
Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. This revision helped boost FOSL's consensus estimate, increasing from -$0.15 to -$0.04 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period.
Bottom LineTaking into account all of these elements, it should come as no surprise that FOSL is a #2 (Buy) stock with a Momentum Score of A. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Fossil Group on your short list.
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.
Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times.
A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.
Fossil Group (FOSL - Free Report) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:
A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 34.5%, the stock of this watch and accessories maker is certainly well-positioned in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. FOSL meets this criterion too, as the stock gained 33.9% over the past 12 weeks.
Moreover, the momentum for FOSL is fast paced, as the stock currently has a beta of 1.62. This indicates that the stock moves 62% higher than the market in either direction.
Given this price performance, it is no surprise that FOSL has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped FOSL earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Most importantly, despite possessing fast-paced momentum features, FOSL is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. FOSL is currently trading at 0.32 times its sales. In other words, investors need to pay only 32 cents for each dollar of sales.
So, FOSL appears to have plenty of room to run, and that too at a fast pace.
In addition to FOSL, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.
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Fossil Group (FOSL - Free Report) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to a loss of $0.1 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +55.17%. A quarter ago, it was expected that this watch and accessories maker would post a loss of $0.22 per share when it actually produced a loss of $0.03, delivering a surprise of +86.36%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Fossil Group, which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $209.7 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.69%. This compares to year-ago revenues of $220.4 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Fossil Group shares have added about 39.4% since the beginning of the year versus the S&P 500's gain of 12.9%.
What's Next for Fossil Group?While Fossil Group has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Fossil Group was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.02 on $247.2 million in revenues for the coming quarter and -$0.15 on $954.8 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Apparel and Shoes is currently in the top 43% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Gap (GAP - Free Report) , has yet to report results for the quarter ended July 2026. The results are expected to be released on August 27.
This clothing chain is expected to post quarterly earnings of $0.50 per share in its upcoming report, which represents a year-over-year change of -12.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Gap's revenues are expected to be $3.72 billion, down 0.1% from the year-ago quarter.
This Is What To Expect From The Q2 Reporting Cycle Fossil Group NASDAQ: FOSL reported second-quarter 2026 net sales of $211 million, down 4% from a year earlier but ahead of the company’s expectations as sales trends continued to improve. Chief Executive Officer Franco Fogliato said the results reflected progress in the company’s turnaround plan, with strength in key brands, channels and markets helping set the stage for an anticipated return to companywide sales growth in the fourth quarter.
Gross margin expanded 490 basis points year over year to 62.4%, while adjusted operating income doubled to $8.6 million, which Chief Financial Officer Randy Greben rounded to $9 million during the call. Fossil raised its full-year outlook for sales, adjusted operating margin and free cash flow following the stronger-than-expected first half.
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Regional and Channel Performance Fossil Group: Should You Bet On Consumer Discretionary In 2023? The Americas region stabilized during the quarter, supported by mid-single-digit growth in the U.S., according to Fogliato. Asia sales increased 4%, led by double-digit growth in India. Fossil said India delivered double-digit growth during the period across its Fossil, Armani, Diesel and Michael Kors brands, with gains in both wholesale and direct-to-consumer channels.
Fogliato said the company continued to face pressure in Europe, the Middle East and Africa, particularly from geopolitical conditions in the Middle East and their effect on travel retail. He also noted that changes to the company’s operating model in some European markets have created near-term sales pressure while improving profitability and reducing risk over the longer term.
Traditional watches were a major source of growth. Fossil’s traditional-watch wholesale business rose 12% globally, while U.S. wholesale traditional-watch sales increased 16%. Fogliato attributed the performance to product innovation, storytelling and the company’s full-price selling strategy.
The company said its direct-to-consumer e-commerce business benefited from higher product margins and average unit retail prices as it emphasized price integrity. Its “store of the future” strategy also contributed to improved performance at full-price retail stores, including accelerating trends in product margin and average unit retail.
Product, Marketing and India Initiatives Fogliato said Fossil is pursuing traditional-watch growth through new product development, premiumization and marketing. Recent releases included the Big Tic World Flags collection, along with Star Wars and Marvel collaborations. The company plans to introduce the Machine X1 platform this fall and launch its Signature collection, a premium Swiss-made watch platform, at New York Watch Week in October.
The Signature collection will subsequently launch in India, supported by a partnership with Padmanabh Singh, the Maharajah of Jaipur and a polo player, whom Fossil identified as its global Signature ambassador.
Fossil also increased marketing investment during the first half of 2026, shifting more spending toward upper-funnel demand creation and brand building. During the second quarter, the company held an event in Malaysia featuring K-pop star L that generated 600,000 impressions in one day, Fogliato said.
For licensed brands, management said Michael Kors watches and jewelry showed improved performance in important channels and geographies. Emporio Armani continued to see strong sell-through from premium offerings, while Armani Exchange benefited from product newness and celebrity-focused events.
Costs, Store Portfolio and Balance Sheet Second-quarter selling, general and administrative expense was $123 million. Greben said the figure was essentially flat excluding an $11 million gain recorded in the prior-year quarter from the sale of a European distribution center. Lower store-related, compensation and administrative costs offset a planned increase in marketing spending.
Fossil ended the quarter with 17 fewer stores, including six closures and 11 South African locations transitioned to a distributor. The company expects two additional closures this year and anticipates ending 2026 with approximately 178 locations globally. Management said the major work to optimize the store portfolio is largely complete, while more than 25 lease agreements for top-performing Americas stores have been extended.
The company also completed South Africa’s transition to a distributor model and moved Malaysia and Singapore to a hybrid operating model. In addition, Fossil signed a lease for a new North American fulfillment and distribution center in Sunnyvale, Texas, which is expected to begin operating later this year at a lower cost than the existing rental facility.
Fossil ended the quarter with $79 million in cash and cash equivalents and $18 million of availability under its asset-based lending facility. Inventory totaled $178 million, roughly flat from the prior-year quarter. The company collected $4.9 million during the quarter from a $5.9 million tariff refund recognized in the first quarter and reported no use of its at-the-market equity program.
Outlook Raised Fossil now expects worldwide net sales to decline 3% to 5% in 2026, compared with its prior outlook for a 4% to 6% decline. Management said roughly 360 basis points of the expected decline reflects the net impact of store closures and an extra week in 2025.
The company raised its forecast for adjusted operating margin to 4% to 6%, from a prior range of 3% to 5%, and now expects to generate positive free cash flow for the full year. Fossil also expects full-year gross margin in the upper 50% range, assuming it receives no additional tariff refunds in 2026.
Greben said year-to-date adjusted operating income reached $18.1 million, up 35% from $13.4 million a year earlier despite lower sales. Management said it remains focused on returning to sustainable top-line growth in the fourth quarter through product launches, wholesale expansion, marketing, full-price selling and continued operating discipline.
About Fossil Group (NASDAQ:FOSL)Fossil Group, Inc designs, develops, markets and distributes consumer fashion accessories, focusing on lifestyle and wearable technology. The company offers a wide range of products including analog and digital watches, smartwatches, jewelry, handbags, small leather goods and wearable devices. It sells merchandise under its own Fossil brand and via license agreements with international labels such as Michael Kors, Armani Exchange, Burberry, Diesel, DKNY, Kate Spade and Tory Burch. Through its proprietary e-commerce platforms and global retail network, Fossil Group serves markets across North America, Europe, Asia and the Middle East.
The group's wearable technology segment combines traditional timepieces with features such as fitness tracking, heart-rate monitoring and NFC payments.
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Second quarter worldwide net sales totaled $210 million Gross margin expanded 490 basis points to 62.4% Second quarter operating income of $3 million and operating margin of 2%; constant currency adjusted operating income of $9 million and constant currency adjusted operating margin of 4% Raises full year 2026 financial outlook RICHARDSON, Texas, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal second quarter ended July 4, 2026. “We delivered another quarter ahead of our expectations, driven by broad-based strength across our core brands, channels and many of our key geographies,” said Franco Fogliato, CEO.
Fossil Group (FOSL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
July 22, 2026 16:05 ET | Source: Fossil Group, Inc.
RICHARDSON, Texas, July 22, 2026 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report second quarter 2026 financial results after market close on Wednesday, August 12, 2026, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company’s investor relations website at www.fossilgroup.com/investors and will also be archived for replay.
About Fossil Group, Inc.
Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include watches, jewelry, handbags, small leather goods, belts and sunglasses. We are committed to delivering the best in design and innovation across our owned brands, Fossil, Michele, Relic, Skagen and Zodiac, and licensed brands, Armani Exchange, Diesel, Emporio Armani, Michael Kors, Skechers and Tory Burch. We bring each brand story to life through an extensive distribution network across numerous geographies, categories, and channels. Certain press release and SEC filing information concerning the Company is also available at www.fossilgroup.com.
July 20, 2026 16:30 ET | Source: Fossil Group, Inc.
RICHARDSON, Texas, July 20, 2026 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) (the “Company”) today announced that its 2026 Annual Meeting of Stockholders will be held on October 2, 2026 at 9:00 a.m. Central Time (the “2026 Annual Meeting”). The Company’s Board of Directors has set August 3, 2026 as the record date for the 2026 Annual Meeting. The location of the 2026 Annual Meeting will be specified in the Company’s proxy statement for the 2026 Annual Meeting.
Pursuant to the Company’s Sixth Amended and Restated Bylaws (the “Bylaws”), the Company is providing its stockholders with the deadlines for stockholder proposals and director nominations for the 2026 Annual Meeting. The deadlines for submitting stockholder proposals and director nominations pursuant to the Bylaws, as set forth in the Company’s proxy statement for the 2025 Annual Meeting of Stockholders, filed with the Securities and Exchange Commission on November 21, 2025, no longer apply.
Stockholders submitting proposals or director nominations under the Bylaws must provide written notice to the Company’s Secretary at its principal executive offices at 901 S. Central Expressway, Richardson, Texas 75080, no later than the close of business on July 30, 2026, which is the 10th day after the date of the Company’s public announcement of the date of the 2026 Annual Meeting and which the Company has determined, for purposes of Rule 14a‑8 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), to be a reasonable time before it begins to print and mail its proxy materials. In addition, stockholders must otherwise comply with the applicable provisions of the Bylaws and the Exchange Act.
Additional information regarding the 2026 Annual Meeting will be provided in the Company’s proxy statement and related materials.
About Fossil Group, Inc.
Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include watches, jewelry, handbags, small leather goods, belts and sunglasses. We are committed to delivering the best in design and innovation across our owned brands, Fossil, Michele, Relic, Skagen and Zodiac, and licensed brands, Armani Exchange, Diesel, Emporio Armani, Michael Kors, Skechers and Tory Burch. We bring each brand story to life through an extensive distribution network across numerous geographies, categories, and channels. Certain press release and SEC filing information concerning the Company is also available at www.fossilgroup.com.
Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Is Fossil Group (FOSL - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.
Fossil Group is one of 187 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #5 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Fossil Group is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for FOSL's full-year earnings has moved 54.5% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, FOSL has returned 8.5% so far this year. In comparison, Retail-Wholesale companies have returned an average of 0.6%. This means that Fossil Group is outperforming the sector as a whole this year.
One other Retail-Wholesale stock that has outperformed the sector so far this year is Genesco (GCO - Free Report) . The stock is up 35.5% year-to-date.
For Genesco, the consensus EPS estimate for the current year has increased 4.7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Fossil Group belongs to the Retail - Apparel and Shoes industry, which includes 38 individual stocks and currently sits at #71 in the Zacks Industry Rank. Stocks in this group have lost about 8.1% so far this year, so FOSL is performing better this group in terms of year-to-date returns. Genesco is also part of the same industry.
Investors with an interest in Retail-Wholesale stocks should continue to track Fossil Group and Genesco. These stocks will be looking to continue their solid performance.
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Fossil Group (FOSL - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.
Fossil Group is one of 189 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Fossil Group is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for FOSL's full-year earnings has moved 54.5% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, FOSL has returned 6.7% so far this year. In comparison, Retail-Wholesale companies have returned an average of -1.9%. This means that Fossil Group is performing better than its sector in terms of year-to-date returns.
Genesco (GCO - Free Report) is another Retail-Wholesale stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 36.5%.
For Genesco, the consensus EPS estimate for the current year has increased 4.7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Fossil Group belongs to the Retail - Apparel and Shoes industry, a group that includes 40 individual companies and currently sits at #83 in the Zacks Industry Rank. Stocks in this group have lost about 6.1% so far this year, so FOSL is performing better this group in terms of year-to-date returns. Genesco is also part of the same industry.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Fossil Group and Genesco as they could maintain their solid performance.
Key Takeaways GCO, DBI, SFIX, TLYS and FOSL are highlighted as small-cap picks with Buy ratings. SFIX cites rising revenue per client, AI-driven efficiencies and broader assortment.GCO, DBI, TLYS and FOSL saw earnings estimates improve, with some up more than 100%. Small-cap stocks are witnessing a solid rally in 2026, ahead of their large-cap peers. The two small-cap-centric benchmarks — the Russell 2000 and the S&P 600 Indexes — are up 17.25 and 17.1%, respectively, year to date.
On the other hand, the Retail - Apparel and Shoes industry entered 2026 on a relatively stable note despite a volatile macroeconomic environment, with demand increasingly shaped by more selective, value-conscious consumers and faster-moving trends. This space is benefiting from strong premiumization and digital momentum.
The Zacks-defined Retail – Apparel and Shoes industry is currently within the top 36% of the Zacks Industry Rank. Since it is ranked in the top half of the Zacks Ranked Industries, we expect it to outperform the market over the next three to six months.
Here, we recommend five small cap apparel and shoes stocks with a favorable Zacks Rank for a stable portfolio. These are: Genesco Inc. (GCO - Free Report) , Designer Brands Inc. (DBI - Free Report) , Stitch Fix Inc. (SFIX - Free Report) , Tilly's Inc. (TLYS - Free Report) and Fossil Group Inc. (FOSL - Free Report) .
Each of our picks currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The chart below shows the price performance of our five picks in the past month.
Image Source: Zacks Investment Research
Genesco Inc.Genesco is a specialty retail and branded company that sells footwear and accessories in retail stores throughout the United States, Canada, the United Kingdom and the Republic of Ireland. GCO sells products principally under the brand names Journeys, Journeys Kidz, Little Burgundy, Schuh, Schuh Kids, and Johnston & Murphy.
GCO also offers products on various websites. In addition, GCO sells footwear at wholesale under its Johnston & Murphy brand, the licensed Levi's brand, the licensed Dockers brand, the licensed Bass brand, and other brands.
Genesco has an expected revenue and earnings growth rate of -0.02% and 55.2%, respectively, for the current fiscal year (ending January 2027). The Zacks Consensus Estimate for the current fiscal year’s earnings has improved 4.7% over the last 30 days.
Designer Brands Inc.Designer Brands designs, produces and retails footwear and accessories. DBI offers shoes, boots, sandals, sneakers, socks, handbags and accessories. DBI’s operating segment consists of the DSW segment, which includes DSW stores and dsw.com and the Affiliated Business Group segment.
Designer Brands has an expected revenue and earnings growth rate of 0.5% and more than 100%, respectively, for the current fiscal year (ending January 2027). The Zacks Consensus Estimate for the current fiscal year’s earnings has improved 8.6% over the last seven days.
Stitch Fix Inc.Stitch Fix is demonstrating solid momentum, supported by stronger client monetization and improved operational efficiency. SFIX’s average order value and revenue per active client are rising, reflecting increased customer spending.
Cost leverage has improved through efficiencies in SG&A, warehouse operations and AI-driven processes. SFIX’s hybrid model, combining AI personalization with human stylists, along with expanded categories and brand assortment, strengthens its competitive position. SFIX expects continued growth in revenue per client and overall revenues.
Stitch Fix has an expected revenue and earnings growth rate of 4.9% and 71.7%, respectively, for the next fiscal year (ending July 2027). The Zacks Consensus Estimate for next fiscal year’s earnings has improved 42.9% over the last seven days.
Tilly's Inc.Tilly's is a specialty retailer in the action sports industry selling clothing, shoes and accessories. TLYS distributes t-shirts, sweatshirts, jackets, shorts, pants, jeans, sweaters, swimwear, shoes and accessories for men, women and kids through its website.
TLYS sells denim apparel and cologne for guys, boys and juniors and apparel, footwear and accessories for juniors and girls under RSQ, Full Tilt, Blue Crown and Infamous brand names. TLYS sells its merchandise through its stores and e-commerce website, www.tillys.com.
Tilly’s has an expected revenue and earnings growth rate of 4.9% and 89.7%, respectively, for the current fiscal year (ending January 2027). The Zacks Consensus Estimate for the current fiscal year’s earnings has improved 64.7% over the last 30 days.
Fossil Group Inc.Fossil Group is involved in the designing, marketing and distribution of consumer fashion accessories. FOSL’s product portfolio includes men's and women's watches, handbags, belts, small leather goods, jewelry, sunglasses, hats, gloves and scarves, jeans, outerwear, fashion tops and bottoms, tee shirts as well as optical frames.
FOSL’s brands include MICHELE, Zodiac, Relic, Emporio Armani, DKNY, Armani Exchange, Michael Kors, Diesel, Burberry, Marc by Marc Jacobs, Adidas, Skagen Denmark, and Karl Lagerfeld.
FOSL operates in four different segments: the North America Wholesale segment, the Europe Wholesale segment, the Asia Pacific Wholesale segment and the Direct-to-Consumer segment. FOSL serves the market through department stores, specialty retail stores, specialty watch and jeweler stores, retail and outlet stores, mass market stores, the clothing stores as well as through its catalogs and website.
Fossil Group has an expected revenue and earnings growth rate of -4.9% and 89.6%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved more than 100% over the last 30 days.
June 23, 2026 07:00 ET | Source: Fossil Group, Inc.
RICHARDSON, Texas, June 23, 2026 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that the Company is set to join the small-cap Russell 2000® Index at the conclusion of the June 2026 Russell Reconstitution. This inclusion will become effective when the U.S. market closes on June 26, 2026.
Franco Fogliato, CEO, stated, “We are pleased to join the Russell 2000 Index, which we believe will enhance Fossil Group’s visibility among investors as we continue to execute on our turnaround plan and advance on our path to long-term profitable growth.”
The Russell 2000® Index measures the performance of the small-cap segment of the U.S. equity market and is widely used by investment managers and institutional investors for index funds and as a benchmark for active investment strategies.
About Fossil Group, Inc.
Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include watches, jewelry, handbags, small leather goods, belts and sunglasses. We are committed to delivering the best in design and innovation across our owned brands, Fossil, Michele, Relic, Skagen and Zodiac, and licensed brands, Armani Exchange, Diesel, Emporio Armani, Michael Kors, Skechers and Tory Burch. We bring each brand story to life through an extensive distribution network across numerous geographies, categories, and channels. Certain press release and SEC filing information concerning the Company is also available at www.fossilgroup.com.
Toronto, Ontario--(Newsfile Corp. - March 25, 2026) - Magna Terra Minerals Inc. (TSXV: MTT) (the "Company" or "Magna Terra") is pleased to announce geochemical results of a soil sampling and trenching program at the Boudreau Brook-Fossil Hill Trend on its Rocky Brook Project ("Rocky Brook" or the "Project"), located in the prolific Bathurst Mining Camp ("BMC") of northern New Brunswick (Figure 1).
The soil sampling results show anomalous copper, zinc, gold, and silver values that are coincident with EM anomalies along the 15-kilometre-long Boudreau Brook-Fossil Hill Trend, one of five high priority targets identified by analysis of regional airborne geophysical and geochemical data sets (see news release dated October 27, 2025) that is located 5.5 kilometres to the north-northwest of Canadian Copper Inc.'s Caribou Mill Complex (Figure 2). Grab* and channel sample results from a trenching program at the Fossil Hill Zone confirmed the presence of native copper and copper sulphides (see news release dated December 11, 2025) and returned copper values up to 9,590 ppm, 9,210 ppm, and 9,080 ppm Cu.
"The results of our initial trenching program on the Rocky Brook Project are very encouraging. The impressive samples of visible copper mineralization in the trenches confirms the results of historic rock grab sampling on the Project. This abbreviated trenching program testing the Fossil Hill Zone only exposes a small section of the larger Boudreau Brook-Fossil Hill Trend where previous work has outlined a 15-kilometre-long zone of coincident copper mineralized rock samples and anomalous soil samples consistent with zones of conductivity and elevated gravity. The proximity of this zone to Canadian Copper's Caribou Mill Complex adds a compelling narrative for the potential to identify and delineate additional copper-rich massive sulphide deposits well within economic trucking distance to the Caribou Mill Complex. In parallel with the trenching work at Fossil Hill, we continue to explore along the larger 15-kilometre Boudreau Brook-Fossil Hill Trend, and we are very encouraged by the results of soil sampling indicating polymetallic (Cu-Zn-Au-Ag) signatures that coincide with airborne conductors and elevated gravity signatures. In 2026, we will look to further advance this trend and other identified high priority targets throughout the Rocky Brook Project, including targets on our Restigouche Property located between 5 and 10 kilometres to the southwest of Canadian Copper's Murray Brook Deposit."
~ Lew Lawrick, President and CEO, Magna Terra Minerals Inc.
Rocky Brook Project Highlights
VMS Highlights
The Project covers a 40-kilometre extent of favourable California Lake felsic volcanic and sedimentary rocks that are host to the nearby Restigouche, Murray Brook, and Caribou Deposits; Identification of the Boudreau Brook-Fossil Hill Trend - a 15-kilometre trend of coincident geochemical and geophysical anomalies and historical prospects;Previous work at the Fossil Hill Zone has discovered high-grade copper-cobalt mineralization with grab samples* assaying up to 16.65% Cu and 0.64% Co;Previous work at the Boudreau Brook prospect has discovered copper mineralization assaying up to 3% Cu; The property covers the Restigouche C-4 and C-5 footwall Cu-rich "feeder" zones where previous historical drilling at the C-4 zone and in hole C-4 that intersected 4.36 m grading 0.2% Cu, 1.6% Pb, and 6.74% Zn (from 17.3 to 21.6 m). The best intersection in the C-5 zone was reported in hole C-5 that intersected 2.06% Cu and 0.57% Zn over 4.5 m (from 51.9 to 56.4 m);Located in the prolific Bathurst Mining Camp within the premier mining jurisdiction of New Brunswick; andYear-round accessibility with road access to the majority of the property.Gold Highlights
The Project also covers a 30-kilometre extent of the Rocky Brook-Millstream Fault system;Strategically positioned along strike from Kinross-Puma's Lynx Zone gold discovery and adjacent to the past-producing Caribou Mine and Murray Brook base metal deposits; andRecent discovery in 2023 of high-grade gold assays from grab samples* assaying up to 5.23 g/t Au over a 350 metre strike length at Fournier Lake.Soil Sampling Program
A total of 2,515 soil samples, including 86 duplicates, were collected over three grids designed to cover key areas of the Boudreau Brook-Fossil Hill Trend including the Boudreau Brook and Fossil Hill mineral occurrences. The grids covered 7.2 kilometres of the 15-kilometre trend with each grid at 200 metre line-spacing and 25 metre sample-spacing (Figure 3). The results highlight key areas with multi-element anomalies (Cu, Zn, Ag, and Au) that are spatially coincident with EM conductors and prospective stratigraphy (ie. mafic volcanic and sedimentary units of the Sormany Group). The Company plans to complete gaps in the survey as part of its comprehensive exploration plans commencing in the spring.
Of the 2,515 samples collected over the Boudreau Brook-Fossil Hill Trend,
Copper values range between <1 and 371 ppm Cu with the 95th percentile (n=126) assaying over 61.3 ppm; Zinc values range between 3 and 3,940 ppm Zn with the 95th percentile (n=121) assaying over 135 ppm; Gold values range between <0.005 and 1.02 ppm Au with the 95th percentile (n=126) assaying over 0.012 ppm; and Silver values range between <0.2 and 2.7 ppm Ag with the 95th percentile (n=108) assaying over 0.3 ppm (Figure 3). Trenching Program
A total of three trenches (T4, T7, and T8) were excavated, totaling 245 metres in length and exposing 192 metres of bedrock, at the Fossil Hill Zone targeting areas of historical grab samples* including 16.65% and 13.84% copper and 0.64% cobalt (Figure 4). The trenches exposed massive mafic volcanic and mafic volcanic breccia rocks, locally siliceous, of the Armstrong Formation, Sormany Group. A total of 93 samples were taken including 68 grab samples* of bedrock taken at 1 to 3 metre intervals, 11 grab samples of float, and 14 channel samples ranging from 0.1 to 1.0 metres in length (Figure 4). Copper assay results range between 5 to 9,590 ppm, with three outcrop samples above 9,000 ppm Cu. Table 1 summarizes select significant sample results above 100 ppm Cu. Stripped sections of these trenches remain exposed for further mapping and sampling in the spring.
Trench T4 was 73.5 metres long and between 2 and 4.5 metres wide. A total of 26 grab samples of bedrock were collected of massive mafic volcanics and mafic volcanic breccias. Five of the grab samples contained malachite infilling fractures hosted in both the massive mafic volcanics and volcanic breccias (Figure 8A). Copper assay results range between 5 to 9,590 ppm with mineralization >100 ppm Cu over a length of 3.7 metres (true thickness unknown) (Figure 5).
Trench T7 was 81 metres long and between 2 and 3.5 metres wide. A total of 23 rock samples (1 outcrop, 14 channel, 8 float) were collected of massive mafic volcanics and mafic volcanic breccias. Two channel and one float sample(s) of massive mafic volcanics hosted malachite along fractures. Copper assay results range between 2 to 1,600 ppm (Figure 6).
Trench T8 was 90.5 metres long and between 4.5 and 7 metres wide. A total of 44 rock samples (41 outcrop, 3 float) were collected of massive mafic volcanics and mafic volcanic breccia. The eastern half of the trench consisted of 49 metres of intense silicification of the mafic units. Copper mineralization consisting of calcite+/-quartz vein-hosted chalcopyrite+malachite+/-azurite in five grab samples of bedrock (Figure 8B), one locality of vein-hosted native copper (1 outcrop, 1 float) (Figure 8C), and fractures coated by malachite was observed in 11 samples (9 outcrop, 2 float). Copper assay results range from 3 to 9,210 ppm with mineralization >100 ppm Cu over 25 metres (true thickness unknown) (Figure 7).
Table 1: List of rock grab, float and channel samples with copper assay results greater than 100 ppm from trenches T4, T7, and T8 at the Fossil Hill Zone.
Tenorite107Magna Terra would like to acknowledge and thank the Province of New Brunswick for partial financial assistance granted for work on the Rocky Brook Project under the New Brunswick Junior Mining Assistance Program ("NBJMAP").
The Rocky Brook Project
The Rocky Brook Project comprises 31,489 hectares in 75 mineral claims making the Company one of the single largest strategic landholders in this historic mining camp (Figure 1). The Rocky Brook Project is located adjacent to and along strike from the Williams Brook Project, owned by Kinross Gold Corporation ("Kinross") and Puma, where a zone of high-grade gold mineralization was discovered over broad widths including drill intervals up to 5.55 g/t Au over 50.15 m (refer to Puma's news release dated September 15, 2021). The Project is located adjacent to a 30-kilometre-long section of the Rocky Brook-Millstream Fault and associated McIntyre and Ramsay Brook faults; an important structural zone controlling gold mineralization within the region. The Project also covers volcanic and sedimentary rocks that show strong potential to host polymetallic Cu-Co-Pb-Zn-Au-Ag mineralization, adjacent to the past-producing Caribou Mine and the Murray Brook Deposit, which is the largest undeveloped VMS project in New Brunswick owned by Canadian Copper Inc. (Figure 1).
The Bathurst Camp
The BMC is one of the world's oldest base metal (lead, zinc, copper, gold and silver) mining districts hosting one of Canada's largest VMS deposits, with the past-producing Brunswick No. 12 Mine having operated for 49 years. The BMC is host to over 46 mineral deposits, several of which have been mined, including the Brunswick No. 6, Heath Steele, Wedge, Stratmat, Half Mile Lake, Caribou and Murray Brook. A total of 136,643,367 tonnes of ore grading 3.44% Pb, 8.74% Zn, 0.37% Cu, and 102.2 g/t Ag were mined from the BMC (McCutcheon and Walker, 2020**).
Figure 1: A map showing the location of the Rocky Brook Project, adjacent exploration projects, fault zones, and mineral occurrences.
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Figure 2: A map showing the location of the Rocky Brook Project, regional geology and major target areas including the Fossil Hill Zone.
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Figure 3: A map showing the soil sample location and anomalous Cu, Zn, Au, and Ag results overlying historic airborne MegaTEM survey.
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Figure 4: Map Showing Location of Trenches T4, T7, and T8
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Figure 5: Trench T4 Rock Sample Location with Copper Results
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Figure 6: Trench T7 Grab and Channel Sample Location with Copper Results (Cu assay values labelled as well as interval lengths for channels)
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Figure 7: Trench T8 Rock Sample Location with Copper Results
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Figure 8: A) Sample H098334, 9,590 ppm Cu in Hematite-Carbonate-Epidote Mafic Volcanic Breccia with Malachite; B) Sample H098273, 9080 ppm Cu in Quartz Vein Hosting Chalcopyrite+Malachite+Azurite, and Possibly Tenorite; C) Sample H098300, 9,210 ppm Cu in Massive Mafic Volcanics with Native Copper in Quartz-Calcite Veinlet.
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Restigouche Option Agreement - First Anniversary Payment
Under the terms of the Restigouche option agreement, the Company can earn a 100% interest in the Restigouche property by paying the Optionor a total of $50,000 in cash, $110,000 in cash and/or common shares, and issuing 266,000 common shares over a four-year period (refer to the press release dated February 27, 2025). On January 12, 2026, the Company issued 129,198 common shares of the Company and paid $5,000 in cash to settle the first anniversary payment totalling $25,000.
The common shares issued are subject to a regulatory four month and one day hold period from their date of issuance.
Qualified Person and Technical Notes
This news release has been reviewed and approved by David A. Copeland, P.Geo., a "Qualified Person", under National Instrument 43-101 - Standard for Disclosure for Mineral Projects.
All rock and soil samples collected were submitted to ALS Canada Ltd. in Moncton, New Brunswick for processing and then transported to their facility in North Vancouver, BC for gold (method AU-AA23) and multi-element geochemistry, including elements Cu, Pb, Zn, Co, and Ag (method ME-ICP41).
All quoted drill core and rock samples results were compiled from historic assessment and government reports obtained from the government of New Brunswick. The Qualified Person has not completed sufficient work to validate these historic results.
* Grab samples are selective by nature and may not represent the true metal content of the mineralized zone.
**McCutcheon, S. R., & Walker, J. A. (2020). Great Mining Camps of Canada 8. The Bathurst Mining Camp, New Brunswick, Part 2: Mining History and Contributions to Society. Geoscience Canada, 47(3), 143-166
About Magna Terra
Magna Terra Minerals Inc. is a precious and critical metals focused exploration company, headquartered in Toronto, Canada. Magna Terra is focused on acquiring and advancing its high-potential mineral projects in Atlantic Canada and Argentina while generating value for shareholders and minimizing shareholder dilution through option and joint venture partnerships where appropriate; leveraging our ability to explore, grow, and transact projects. The Company is focused on exploring our 100%-owned Humber Copper-Cobalt Project in Newfoundland and Labrador; our 100% owned Rocky Brook Gold and Critical Metals Project in the historic Bathurst Mining Camp of New Brunswick; the recently acquired Prospect Or's Dream Gold Project, and our 100%-owned Cape Spencer Gold Project in New Brunswick. In addition, the Company has optioned the Great Northern Project in Newfoundland to Gold Hunter Resources Inc. ("Gold Hunter") for total cash and share consideration of $10.075 million over a 4-year period, and currently holds an approximate 19% equity interest in Gold Hunter. The Company has also optioned the Luna Roja Project in Argentina to Lunex Metals Corp (formerly Andean Metals Corp.) for total cash and share consideration of $2.375 million over a 4-year period. Further, the Company maintains a significant exploration portfolio in the province of Santa Cruz, Argentina which includes its large 100% owned Boleadora Project, as well as several additional district scale drill ready projects available for purchase or option/joint venture.
Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements Regarding Forward-Looking Information
This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian legislation. All statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, the ability of the Company to file a report that complies with National Instrument 43-101. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, and the ability of the author of the Technical Reports to finalize same.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include the inability of the Company to execute its proposed business plans and carry out planned future activities. Other factors may also adversely affect the future results or performance of the Company, including general economic, market or business conditions, future prices of gold, changes in the financial markets and in the demand for precious metals, changes in laws, regulations and policies affecting the mineral exploration industry, and the Company's investment and operation in the mineral exploration sector, as well as the risks and uncertainties which are more fully described in the Company's annual and quarterly management's discussion and analysis and in other filings made by the Company with Canadian securities regulatory authorities under the Company's SEDAR+ profile at www.sedarplus.ca. Readers are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly, are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements.
These forward-looking statements are made as of the date of this news release and, unless required by applicable law, the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289813
Source: Magna Terra Minerals Inc.
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Rising coal, crude oil, and natural gas prices could drive sustained demand for solar farm construction, regardless of federal tax incentives. AI data center growth and any renewed surge in EV sales could accelerate electricity demand, supporting long-term solar adoption. Solar farms offer a stable 20 to 30-year cost structure, increasingly attractive to utilities and large power users.
Fossil Group (NASDAQ:FOSL – Get Free Report) and Lulu’s Fashion Lounge (NASDAQ:LVLU – Get Free Report) are both small-cap retail/wholesale companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, earnings, profitability, dividends, risk and institutional ownership.
Profitability This table compares Fossil Group and Lulu’s Fashion Lounge’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Fossil Group -7.81% -46.78% -7.42% Lulu’s Fashion Lounge -4.86% -308.76% -12.91% Analyst Ratings This is a breakdown of recent ratings and target prices for Fossil Group and Lulu’s Fashion Lounge, as reported by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Fossil Group 1 1 2 0 2.25 Lulu’s Fashion Lounge 1 0 0 0 1.00 Fossil Group currently has a consensus price target of $7.00, suggesting a potential upside of 50.54%. Given Fossil Group’s stronger consensus rating and higher probable upside, research analysts plainly believe Fossil Group is more favorable than Lulu’s Fashion Lounge.
Risk & Volatility Fossil Group has a beta of 1.74, indicating that its share price is 74% more volatile than the S&P 500. Comparatively, Lulu’s Fashion Lounge has a beta of 0.59, indicating that its share price is 41% less volatile than the S&P 500.
Institutional and Insider Ownership 61.1% of Fossil Group shares are owned by institutional investors. Comparatively, 73.8% of Lulu’s Fashion Lounge shares are owned by institutional investors. 2.9% of Fossil Group shares are owned by insiders. Comparatively, 6.8% of Lulu’s Fashion Lounge shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Earnings & Valuation This table compares Fossil Group and Lulu’s Fashion Lounge”s revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Fossil Group $1.00 billion 0.27 -$78.30 million ($1.46) -3.18 Lulu’s Fashion Lounge $282.28 million 0.11 -$55.29 million ($4.91) -2.31 Lulu’s Fashion Lounge has lower revenue, but higher earnings than Fossil Group. Fossil Group is trading at a lower price-to-earnings ratio than Lulu’s Fashion Lounge, indicating that it is currently the more affordable of the two stocks.
Summary Fossil Group beats Lulu’s Fashion Lounge on 9 of the 14 factors compared between the two stocks.
About Fossil Group (Get Free Report)
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. It also manufactures and distributes private label brands, as well as branded products purchased for resell in other branded retail stores. The company offers its products under its proprietary brands, such as FOSSIL, SKAGEN, MICHELE, RELIC, and ZODIAC; and under the licensed brands, including ARMANI EXCHANGE, DIESEL, DKNY, EMPORIO ARMANI, KATE SPADE NEW YORK, MICHAEL KORS, TORY BURCH, and Skechers. The company sells its products through company-owned retail and outlet stores, department and specialty retail stores, mass market stores, e-commerce sites, licensed and franchised FOSSIL retail stores, and retail concessions, as well as sells its products on airlines. The company was formerly known as Fossil, Inc. and changed its name to Fossil Group, Inc. in May 2013. Fossil Group, Inc. was founded in 1984 and is headquartered in Richardson, Texas.
About Lulu’s Fashion Lounge (Get Free Report)
Lulu’s Fashion Lounge Holdings, Inc. engages in providing an online website for clothing. It offers retailing of women’s clothing, shoes, and accessories. The company was founded in 1996 and is headquartered in Chico, CA.
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A group representing U.K. pension funds is joining other investors in supporting a resolution to be voted on at BP's shareholder meeting later this month.
A group representing U.K. pension funds is joining other investors in supporting a resolution to be voted on at BP's shareholder meeting later this month.
Fossil Group (FOSL - Free Report) shares soared 8.3% in the last trading session to close at $5.2. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 19.1% gain over the past four weeks.
Fossil is sharpening execution with a brand-led, consumer-centric turnaround: more full-price selling, tighter costs, stronger innovation, and momentum in the U.S. and India—supporting margin gains and durable growth.
This watch and accessories maker is expected to post quarterly loss of $0.22 per share in its upcoming report, which represents a year-over-year change of -120%. Revenues are expected to be $205.3 million, down 12% from the year-ago quarter.
Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.
For Fossil Group, the consensus EPS estimate for the quarter has been revised 236.4% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on FOSL going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Fossil Group is a member of the Zacks Retail - Apparel and Shoes industry. One other stock in the same industry, Urban Outfitters (URBN - Free Report) , finished the last trading session 5.4% higher at $68.22. URBN has returned -1.7% over the past month.
Urban Outfitters' consensus EPS estimate for the upcoming report has changed -1.5% over the past month to $1.12. Compared to the company's year-ago EPS, this represents a change of -3.5%. Urban Outfitters currently boasts a Zacks Rank of #3 (Hold).
SummaryNextEra Energy is reaffirmed as a Buy, with a $101 price target and a projected 10%+ total return, including dividends.NEE’s unmatched renewables and storage backlog, secured supply chains, and leadership in solar, wind, and battery storage underpin robust long-term growth.NEE targets 8%+ earnings CAGR through 2035, with a 10% dividend increase this year and 6% annual growth targeted for 2027–2028.Risks include potential regulatory headwinds and tax credit cuts, but NEE’s backlog insulation and AI data center demand provide significant upside catalysts.Even before the Iran war, I was critical of the Trump administration's policies to double down on fossil fuels while simultaneously rolling back practically all of the Biden administration's EV, solar, wind, and battery backup initiatives to more effectively compete with China. Nothing has exposed the flaws of the administration's energy strategy as has the war on Iran. It is the biggest disruption and destruction of oil and gas assets in world history, in my view, and has had a very negative impact on the United States and the world. Indeed, despite being the biggest petroleum producer in the world, the United States is not immune from the fallout: gasoline prices have jumped 15% since the war started (see chart below), while the March CPI inflation print surged 0.9% - likely pushing additional interest rate cuts further into the future.
As a result, China is arguably winning the underlying energy war, while the United States seems determined to fritter away the gift of domestic shale oil (more on that later). What is frustrating to many (including myself) is that America seems to know what the solutions are because NextEra Energy (NEE) has become the largest utility company in the United States by specializing in those solutions. And, despite the Trump administration's de-prioritization (if not outright hostility...) toward clean energy, NextEra will continue to be very successful by deploying these low-cost solutions for decades to come. Today, I'll explain why that is the case and will give a preview of NEE's Q1 earnings report, which is due out on April 23rd.
Investment Thesis An article in Fortune quotes Jacky Tang, emerging markets CIO at Deutsche Bank, as saying that the war on Iran has set off a global race for energy security that makes China stronger (see "Deutsche Bank Says
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of NEE, GOOG, XLU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I am an electronics engineer, not a CFA. The information and data presented in this article were obtained from company documents and/or sources believed to be reliable, but have not been independently verified. Therefore, the author cannot guarantee their accuracy. Please do your own research and contact a qualified investment advisor. I am not responsible for the investment decisions you make.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Fossil Group is deeply undervalued, with its India subsidiary alone potentially worth 4–5x the parent's market cap. I target FOSL at $21.5/share, a +300% upside, driven by the India IPO catalyst and turnaround progress. Gross margin surged to 55.9% in 2025 as FOSL shifted to full-price sales, halted losses, and cut $250M in expenses.
April 27, 2026 16:05 ET | Source: Fossil Group, Inc.
RICHARDSON, Texas, April 27, 2026 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report first quarter 2026 financial results after market close on Wednesday, May 13, 2026, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company’s investor relations website at www.fossilgroup.com/investors and will also be archived for replay.
About Fossil Group, Inc.
Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include watches, jewelry, handbags, small leather goods, belts and sunglasses. We are committed to delivering the best in design and innovation across our owned brands, Fossil, Michele, Relic, Skagen and Zodiac, and licensed brands, Armani Exchange, Diesel, Emporio Armani, Michael Kors, Skechers and Tory Burch. We bring each brand story to life through an extensive distribution network across numerous geographies, categories, and channels. Certain press release and SEC filing information concerning the Company is also available at www.fossilgroup.com.
First quarter worldwide net sales totaled $225 million
Gross margin of 59.9%
First quarter operating income of $12 million and operating margin of 5.4%; constant currency adjusted operating income of $10 million and constant currency adjusted operating margin of 4.4%
Reiterates 2026 outlook
RICHARDSON, Texas, May 13, 2026 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the first quarter ended April 4, 2026.
“We are pleased to begin the year with outperformance on the top and bottom line, fueled by strong execution against our turnaround and healthy watch industry trends,” said Franco Fogliato, CEO. “Strong consumer response to our product innovation and compelling brand storytelling drove notable performance across channels, core brands and key geographies. We remain confident in our full year outlook, including a return to top line growth in the fourth quarter, and believe our proven strategies and structural advantages position us to drive long-term profitable growth and value creation.”
First Quarter 2026 Operating Results
Amounts referred to as “adjusted” as well as “constant currency” are non-GAAP financial measures. Reconciliations of these non-GAAP financial measures to their closest reported GAAP measures are included at the end of this press release.
Net sales totaled $224.8 million, a decrease of 3.6% on a reported basis and 6.5% in constant currency compared to $233.3 million in the first quarter of fiscal 2025. Sales were unfavorably impacted by 690 basis points as a result of the fiscal 2026 first quarter including 13 weeks as compared to 14 weeks in the prior year quarter. Our store rationalization initiatives and declines in our smartwatch sales comprised approximately 280 basis points of the sales decline in the first quarter. Net sales, in constant currency, declined 14% in Europe, 3% in the Americas, and 1% in Asia. Wholesale sales increased 5% while our direct to consumer sales decreased 29%, each on a constant currency basis. Within our direct to consumer channels, comparable retail sales declined 15%. In our major product categories, traditional watch sales were approximately flat in constant currency in the first quarter compared to the prior year period. The leathers category decreased 41% and jewelry sales declined 14% in constant currency during the first quarter. From a brand lens, ARMANI EXCHANGE, MICHAEL KORS and DIESEL increased while FOSSIL brand sales in constant currency decreased 17% in the first quarter.
Gross profit totaled $134.7 million compared to $143.0 million in the first quarter of 2025. Gross margin decreased 140 basis points to 59.9% versus 61.3% a year ago. The year-over-year decrease in the first quarter as compared to the prior year primarily reflects increased tariffs and the accelerated timing of licensed brand minimum royalty recognition. This decrease was partially mitigated by tariff refund claims recorded during the current year, which contributed positively to the margin by $4.0 million, including $2.8 million related to tariffs incurred in fiscal year 2025.
Operating expenses totaled $122.7 million, down 18.1% compared to the prior year period. As a percentage of net sales, operating expenses were 54.6% in the first quarter of 2026 compared to 64.2% in the prior year first quarter. Operating expenses in the first quarter of 2026 included $2.0 million of restructuring costs, primarily related to employee costs and professional services, while operating expenses in the first quarter of 2025 included $15.8 million of restructuring costs. SG&A expenses were $120.6 million, down 9.9% compared to the first quarter of 2025. As a percentage of net sales, SG&A expenses were 53.6% in the first quarter of 2026 compared to 57.4% in the prior year first quarter, largely driven by cost reductions and efficiencies gained through our restructuring programs. SG&A also benefited from tariff refund claims recorded during the first quarter, decreasing SG&A by $0.9 million, including $0.8 million related to tariffs incurred in fiscal year 2025.
Operating income (loss) was $12.0 million compared to ($6.7) million in the first quarter of 2025. Operating margin of 5.4% in the first quarter of 2026 compared to (2.9)% in the prior year first quarter. Constant currency adjusted operating income totaled $9.5 million compared to adjusted operating income of $9.2 million in the first quarter of 2025. Constant currency adjusted operating margin was 4.4% in the first quarter of 2026 compared to adjusted operating margin of 3.9% in the prior year first quarter.
Interest expense was $8.5 million compared to $4.5 million in the first quarter of 2025 due to increased debt issuance cost amortization, higher debt balances and increased interest rates.
Other income (expense) was income of $1.2 million compared to expense of $3.3 million in the first quarter of 2025, reflecting net currency gains in the first quarter of 2026 as compared to net currency losses in the prior year first quarter.
Income (loss) before income taxes was $4.8 million compared to $(14.5) million in the first quarter of 2025.
Adjusted EBITDA was $14.5 million, or 6.5% of net sales in the first quarter of 2026 and $9.1 million, or 3.9% in the prior year period.
Provision (benefit) for income taxes was an expense of $5.4 million, resulting in an effective income tax rate of 114.2% compared to an expense of $3.4 million and an effective tax rate of (23.3)% in the prior year. The effective tax rate in the first quarter of 2026 differed from the prior year first quarter primarily due to a change in the Company’s global mix of earnings.
Net loss totaled $0.8 million with net loss per diluted share of $0.01, which compares to a net loss of $17.6 million and net loss per diluted share of $0.33 in the prior year period. Adjusted net loss for the first quarter was $1.9 million with adjusted net loss per diluted share of $0.03 compared to adjusted net loss of $5.0 million with adjusted net loss per diluted share of $0.10 in the prior year period. During the first quarter of 2026, currencies favorably affected net loss per diluted share by approximately $0.10. Balance Sheet Summary
As of April 4, 2026, the Company had total liquidity of $109.5 million, including $81.4 million of cash and cash equivalents and $28.1 million of availability under its revolving credit facility. Inventories at the end of the first quarter of 2026 totaled $156.1 million, a decrease of 14.3% versus a year ago. Total debt was $195.3 million.
Financial Outlook
The Company reiterated the following financial guidance for full year 2026:
Worldwide net sales to decline 4% to 6%, with a return to growth in the fourth quarterAdjusted operating margin(1) in the range of 3% to 5%Free cash flow break-even(2)
Worldwide net sales and adjusted operating margin guidance exclude impacts from foreign currency.
(1) A reconciliation of adjusted operating margin, a non-GAAP financial measure, to a corresponding GAAP measure is not available on a forward-looking basis without unreasonable efforts due to the high variability and low visibility of certain income and expense items that are excluded in calculating adjusted operating margin.
(2) Free cash flow is a non-GAAP financial measure, defined as net cash from operating activities less net cash used in investing activities. A corresponding reconciliation of free cash flow to a corresponding GAAP measure is not available on a forward-looking basis without unreasonable effort.
Conference Call Information
Fossil Group will host a conference call to discuss these results at 5:00 p.m. Eastern Time today, May 13, 2026. A live webcast of the conference call will be available on the investor relations section of Fossil Group’s website at https://www.fossilgroup.com/investors and will also be archived for replay.
Safe Harbor
This press release and related statements by our management contain forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). These statements include, without limitation, statements regarding our current assumptions, projections and expectations about our business, financial outlook, Turnaround Plan and future events. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Any such forward-looking statements involve risks and uncertainties and are subject to change based on various important factors, many of which may be beyond our control. The inclusion of such information should not be regarded as a representation by the company, or any other person, that the expectations of the company will be achieved. Words such as “estimate,” “project,” “plan,” “goal,” “believe,” “expect,” “anticipate,” “intend,” “should,” “are confident,” “will,” “could,” “outlook,” and similar expressions may identify forward-looking statements. Except as may be required by applicable law, we assume no obligation to publicly update or revise any forward-looking statements, including any financial targets, projections, estimates, or performance outlook, whether as a result of new information, future events, or otherwise. Factors that may cause actual results to differ from those expressed in our forward-looking statements include, but are not limited to, the factors disclosed in Part I, Item 1A. “Risk Factors” of the company’s most recent Annual Report on Form 10-K, and in our subsequent reports and filings with the Securities and Exchange Commission, as well as the following factors: increased political uncertainty; acts of war, military actions or acts of terrorism; the effect of worldwide economic conditions; lower levels of consumer spending resulting from inflation, a general economic downturn or generally reduced shopping activity caused by public safety or consumer confidence concerns; government regulation and tariffs; risks related to the success of our Turnaround Plan and goals; significant changes in consumer spending patterns or preferences; interruptions or delays in the supply of key components or products; the termination or non-renewal of significant license agreements; loss or shut down of key facilities; a data security or privacy breach or information systems disruptions; changes in foreign currency valuations in relation to the U.S. dollar; compliance with debt covenants and other contractual provisions and meeting debt service obligations; risks related to the success of our business strategy; impact of any minimum royalty commitments in excess of royalties payable on actual sales; risks related to foreign operations and manufacturing; the effect of any pandemic; changes in the costs of materials and labor; levels of traffic to and management of our retail stores; loss of key personnel or failure to attract and retain key employees and the outcome of current and possible future litigation. Readers of this press release should consider these factors in evaluating, and are cautioned not to place undue reliance on, the forward-looking statements contained herein.
About Fossil Group, Inc.
Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include watches, jewelry, handbags, small leather goods, belts and sunglasses. We are committed to delivering the best in design and innovation across our owned brands, Fossil, Michele, Relic, Skagen and Zodiac, and licensed brands, Armani Exchange, Diesel, Emporio Armani, Michael Kors, Skechers and Tory Burch. We bring each brand story to life through an extensive distribution network across numerous geographies, categories and channels. Certain press release and SEC filing information concerning the Company is also available at www.fossilgroup.com.
Investor Relations:Christine Greany The Blueshirt Group [email protected] Consolidated Income Statement Data For the 13
Weeks Ended For the 14
Weeks Ended($ in millions, except per share data): April 4, 2026 April 5, 2025Net sales $224.8 $233.3 Cost of sales 90.1 90.3 Gross profit 134.7 143.0 Gross margin (% of net sales) 59.9% 61.3%Operating expenses: Selling, general and administrative expenses 120.6 133.8 Other long-lived asset impairments 0.1 0.1 Restructuring charges 2.0 15.8 Total operating expenses $122.7 $149.7 Total operating expenses (% of net sales) 54.6% 64.2%Operating income (loss) 12.0 (6.7)Operating margin (% of net sales) 5.4% (2.9)%Interest expense 8.5 4.5 Other income (expense) – net 1.3 (3.3)Income (loss) before income taxes 4.8 (14.5)Provision for income taxes 5.4 3.4 Less: Net income attributable to noncontrolling interest 0.2 (0.3)Net income (loss) attributable to Fossil Group, Inc. $(0.8) $(17.6)Earnings per share: Basic $(0.01) $(0.33)Diluted $(0.01) $(0.33)Weighted average common shares outstanding: Basic 58.4 53.3 Diluted 58.4 53.3 Consolidated Balance Sheet Data ($ in millions): April 4, 2026
April 5, 2025
Assets: Cash and cash equivalents $81.4 $78.3 Accounts receivable – net 116.8 124.6 Inventories 156.1 182.1 Other current assets 81.6 97.5 Total current assets 435.9 482.5 Property, plant and equipment – net 32.5 40.2 Operating lease right-of-use assets 120.0 117.3 Intangible and other assets – net 66.1 46.0 Total long-term assets 218.6 203.5 Total assets $654.5 $686.0 Liabilities and stockholders’ equity: Accounts payable, accrued expenses and other current liabilities $251.0 $250.3 Short-term debt 2.3 12.3 Total current liabilities 253.3 262.6 Long-term debt 193.0 167.2 Long-term operating lease liabilities 104.4 109.8 Other long-term liabilities 20.6 22.0 Total long-term liabilities 318.0 299.0 Stockholders’ equity 83.2 124.4 Total liabilities and stockholders’ equity $654.5 $686.0
Constant Currency Financial Information
The following tables present the Company’s business segment and product net sales, gross profit and selling, general and administrative expenses on a constant currency basis which are non-GAAP financial measures. To calculate these items on a constant currency basis, net sales, gross profit and selling, general and administrative expenses for the current fiscal year period for entities reporting in currencies other than the U.S. dollar are translated into U.S. dollars at the average rates during the comparable period of the prior fiscal year. The Company presents constant currency information to provide investors with a basis to evaluate how its underlying business performed excluding the effects of foreign currency exchange rate fluctuations. The constant currency financial information presented herein should not be considered a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP.
Net Sales
For the 13 weeks ended April 4, 2026
For the 14 weeks ended April 5, 2025
($ in millions) As Reported
Impact of Foreign Currency Exchange Rates Constant Currency
As Reported
Segment: Americas $96.8 $(1.8) $95.0 $97.7 Europe 71.5 (5.4) 66.1 77.3 Asia 56.0 0.6 56.6 57.4 Corporate 0.5 (0.1) 0.4 0.9 Total net sales $224.8 $(6.7) $218.1 $233.3 Product Categories: Watches: Traditional watches $188.8 $(5.1) $183.7 $184.6 Smartwatches 1.7 — 1.7 4.0 Total watches $190.5 $(5.1) $185.4 $188.6 Leathers 10.6 (0.4) 10.2 17.2 Jewelry 20.1 (1.0) 19.1 22.3 Other 3.6 (0.2) 3.4 5.2 Total net sales $224.8 $(6.7) $218.1 $233.3 For the 13 weeks ended April 4, 2026
For the 14 weeks ended April 5, 2025
($ in millions) As Reported
Impact of Foreign Currency Exchange Rates Constant Currency
As Reported
Gross profit $134.7 $(4.5) $130.2 $143.0 Selling, general and administrative expenses $120.6 $(3.5) $117.1 $133.8
Adjusted EBITDA, Adjusted operating income (loss), Constant Currency Adjusted Operating Income (Loss), Adjusted net income (loss) and Adjusted earnings (loss) per share
Adjusted EBITDA, adjusted operating income (loss), constant currency adjusted operating income (loss), adjusted net income (loss) and adjusted earnings (loss) per share are non-GAAP financial measures. We define adjusted EBITDA as our net income (loss) before the impact of income tax expense (benefit), plus interest expense, amortization and depreciation, impairment expense, other non-cash charges, stock-based compensation expense, restructuring expense and unamortized debt issuance costs included in loss on extinguishment of debt minus IEEPA refund claims for tariffs incurred in the prior year, interest income and gains on asset divestitures. We define adjusted operating income (loss) as operating income (loss) before impairment expense, restructuring expense, IEEPA refund claims for tariffs incurred in the prior year and gains on asset divestitures. We define constant currency adjusted operating income (loss) as operating income (loss) before impairment expense, restructuring expense, IEEPA refund claims for tariffs incurred in the prior year and gains on asset divestitures and excluding the effects of foreign currency exchange rate fluctuations. We define adjusted net income (loss) and adjusted earnings (loss) per share as net income (loss) attributable to Fossil Group, Inc. and diluted earnings (loss) per share, respectively, before impairment expense, restructuring expense, IEEPA refund claims for tariffs incurred in the prior year, gains on asset divestitures and unamortized debt issuance costs included in loss on extinguishment of debt. We have included adjusted EBITDA, adjusted operating income (loss), constant currency adjusted operating income (loss), adjusted net income (loss) and adjusted earnings (loss) per share herein because they are widely used by investors for valuation and for comparing our financial performance with the performance of our competitors. We also use both non-GAAP financial measures to monitor and compare the financial performance of our operations. Our presentation of adjusted EBITDA, adjusted operating income (loss), adjusted net income (loss) and adjusted earnings (loss) per share may not be comparable to similarly titled measures other companies report. Adjusted EBITDA, adjusted operating income (loss), adjusted net income (loss) and adjusted earnings (loss) per share are not intended to be used as alternatives to any measure of our performance in accordance with GAAP.
The following tables reconcile Adjusted EBITDA to the most directly comparable GAAP financial measure, which is income (loss) before income taxes. Certain line items presented in the tables below, when aggregated, may not foot due to rounding.
Fiscal 2025 Fiscal 2026
($ in millions): Q2 Q3 Q4 Q1
TotalIncome (loss) before income taxes $4.1 $(32.1) $(7.3) $4.8 $(30.5)Plus: Interest expense 4.3 4.2 7.3 8.5 24.3 Amortization and depreciation 3.0 3.3 3.3 1.8 11.4 Other long-lived asset impairments — 0.5 1.0 0.1 1.6 Other non-cash charges (0.5) 0.2 (0.8) 0.3 (0.8)Stock-based compensation 0.6 0.6 0.5 0.7 2.4 Restructuring expense 7.3 6.8 10.7 2.0 26.8 Loss on extinguishment of debt — 1.7 1.4 — 3.1 Less: IEEPA tariff refund claims — — — 3.6 3.6 Gains on asset divestitures 11.5 — — — 11.5 Interest income 0.3 0.2 0.3 0.1 0.9 Adjusted EBITDA $7.0 $(15.0) $15.8 $14.5 $22.4 Fiscal 2024 Fiscal 2025 ($ in millions): Q2 Q3 Q4 Q1 TotalIncome (loss) before income taxes $(36.6) $(25.8) $(25.2) $(14.5) $(102.1)Plus: Interest expense 4.1 4.9 4.9 4.5 18.4 Amortization and depreciation 3.9 3.8 3.8 3.4 14.9 Impairment expense 0.6 1.0 0.6 — Other long-lived asset impairments — — — 0.1 0.1 Other non-cash charges 0.1 (0.5) 3.7 0.2 3.5 Stock-based compensation 0.6 0.6 0.7 0.6 2.5 Restructuring expense 16.7 4.8 28.2 15.8 65.5 Restructuring cost of sales — — 7.5 — 7.5 Less: Gains on asset divestitures — 3.3 — — 3.3 Interest income 1.1 1.1 1.1 1.0 4.3 Adjusted EBITDA $(11.7) $(15.6) $23.1 $9.1 $6.0
The following tables reconcile both Adjusted operating income (loss) and Constant currency adjusted operating income (loss), Adjusted net income (loss) and Adjusted earnings (loss) per share to the most directly comparable GAAP financial measures, which are operating income (loss), net income (loss) attributable to Fossil Group, Inc. and diluted earnings (loss) per share, respectively. Certain line items presented in the table below, when aggregated, may not foot due to rounding.
For the 13 Weeks Ended April 4, 2026 ($ in millions, except per share data):As ReportedOther Long-Lived Asset Impairment
Restructuring Expenses
IEEPA Tariff Refund ClaimsAs Adjusted Reported CurrencyImpact of Foreign Currency Exchange RatesConstant Currency As AdjustedOperating income (loss)$12.0 $0.1 $2.0 $(3.6)$10.5 $(1.0)$9.5 Operating margin (% of net sales) 5.4% 4.7% 4.4%Interest expense 8.5 — — — 8.5 Other income (expense) – net 1.2 — — — 1.2 Income (loss) before income taxes 4.8 0.1 2.0 (3.6) 3.3 Provision (benefit) for income taxes 5.4 — 0.4 (0.8) 5.0 Less: Net income attributable to noncontrolling interest 0.1 — — — 0.1 Net income (loss) attributable to Fossil Group, Inc.$(0.8)$0.1 $1.6 $(2.8)$(1.9) Diluted earnings (loss) per share$(0.01)$— $0.03 $(0.05)$(0.03) For the 14 Weeks Ended April 5, 2025($ in millions, except per share data): As Reported Other Long-Lived Asset Impairment
Restructuring Expenses
As Adjusted Reported CurrencyOperating income (loss) $(6.7) $0.1 $15.8 $9.2 Operating margin (% of net sales) (2.9)% 3.9%Interest expense 4.5 — — 4.5 Other income (expense) - net (3.3) — — (3.3)Income (loss) before income taxes (14.5) 0.1 15.8 1.4 Provision (benefit) for income taxes 3.4 — 3.3 6.7 Less: Net income attributable to noncontrolling interest (0.3) — — (0.3)Net income (loss) attributable to Fossil Group, Inc. $(17.6) $0.1 $12.5 $(5.0)Diluted earnings (loss) per share $(0.33) $— $0.23 $(0.10)
Store Count Information
April 5, 2025
Opened
Closed
April 4, 2026
Americas 102 0 10 92 Europe 55 0 8 47 Asia 63 1 10 54 Total stores 220 1 28 193
Fossil Group (FOSL - Free Report) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to a loss of $0.1 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +86.36%. A quarter ago, it was expected that this watch and accessories maker would post earnings of $0.02 per share when it actually produced a loss of $0.15, delivering a surprise of -850%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Fossil Group, which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $224.8 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 9.50%. This compares to year-ago revenues of $233.3 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Fossil Group shares have added about 5.1% since the beginning of the year versus the S&P 500's gain of 8.1%.
What's Next for Fossil Group?While Fossil Group has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Fossil Group was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.15 on $205 million in revenues for the coming quarter and -$0.33 on $953 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Apparel and Shoes is currently in the bottom 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Urban Outfitters (URBN - Free Report) , has yet to report results for the quarter ended April 2026.
This clothing and accessories retailer is expected to post quarterly earnings of $1.12 per share in its upcoming report, which represents a year-over-year change of -3.5%. The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level.
Urban Outfitters' revenues are expected to be $1.46 billion, up 9.5% from the year-ago quarter.
This Is What To Expect From The Q2 Reporting Cycle Fossil Group NASDAQ: FOSL executives said the company’s turnaround efforts continued to gain traction in the first quarter of fiscal 2026, supported by wholesale strength, improving traditional watch demand and continued expense discipline.
Chief Executive Officer Franco Fogliato said Fossil began the year with “strong financial performance” and that its turnaround pillars are “delivering results today while advancing our path to long-term profitable growth.” In his prepared remarks, Fogliato cited net sales of $280 million, gross margin of 59.7% and adjusted operating income of $10 million.
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Fossil Group: Should You Bet On Consumer Discretionary In 2023? Chief Financial Officer Randy Greben later said first-quarter net sales totaled $218 million, down 6% from a year earlier. Greben said the year-over-year comparison included a 7-point unfavorable impact from the absence of an extra week in last year’s first quarter, along with another 280 basis points tied to store closures and Fossil’s exit from smartwatches. He said first-quarter gross margin was 69.7%, down 160 basis points from a year earlier, while adjusted operating income was $10 million, compared with $9 million a year ago.
Wholesale and Traditional Watches Lead First-Quarter Momentum Fogliato said top-line results came in better than the company expected, led by strong wholesale performance, core brands, key geographies and “notable strength in traditional watches.” In the wholesale channel, Fossil grew mid-single digits, while core brand traditional watch sales rose high single digits, he said.
During the question-and-answer session, Maxim Group analyst Thomas Forte asked about the sustainability of the return to growth in traditional watches. Fogliato said the company was encouraged by its performance in wholesale, higher average unit retail and stronger gross margin. He also cited industry tailwinds, particularly in the Americas, where Fossil is seeing “a lot of younger consumer coming back to the space.”
Greben added that the combination of stronger traditional watch demand and full-price selling was flowing through to gross margin and the bottom line, calling it “a tangible proof point of the strategy coming together.”
Fossil Leans Into Brand Storytelling and Product Launches Fogliato said Fossil is working to strengthen its brand platform through innovation, consumer engagement, growth in traditional watches and renewed focus on jewelry and leather. He highlighted the relaunch of Fossil’s Big Tic watch, which he said drew on the company’s archives and generated visibility from lifestyle media and watch industry publications.
The company said Big Tic resonated with younger male consumers and helped drive social engagement and online conversion among Gen Z and Millennial shoppers. Fossil has followed the launch with a limited-edition Big Tic World Flags collection tied to global sports moments, and recently released a Star Wars collaboration featuring The Mandalorian and Grogu. Fogliato said a Marvel collaboration is planned for the third quarter.
Northland Capital Markets analyst Owen Rickert asked whether Big Tic was creating a halo effect for the broader Fossil brand. Fogliato said the strategy was to use Fossil’s archives to bring consumers back to the brand while shifting away from promotional activity toward full-price selling. He said Big Tic was intended to drive brand heat and support sales across Fossil’s “icons.”
Store Closures Continue, but Pace Slows as Full-Price Stores Improve Fossil continued to reshape its direct-to-consumer business during the quarter. Fogliato said the company closed seven stores in Q1 and remains on track to close about 15 locations in 2026. Greben said that would leave Fossil with 185 global stores at year-end.
However, Fogliato said Fossil has “significantly scaled back” its plans to downsize the store portfolio because of improving performance in full-price stores. He said comparable-store performance was particularly strong in that part of the retail business.
On e-commerce, Fogliato said Fossil is focused on channel profitability on a smaller sales base by maintaining full-price selling and improving the online customer journey. He pointed to a new global navigation system on Fossil’s e-commerce site that is designed to support richer storytelling, improve product discovery and give merchandising teams more flexibility.
Licensing, India and Operating Model Updates Fogliato said Fossil’s core licensed brands are also contributing to momentum, including Armani Group, Diesel and Michael Kors. He said Michael Kors returned to year-over-year growth in the quarter, aided by wholesale productivity, newness and a more competitive jewelry pricing structure. Emporio Armani saw strong sell-through across channels, while Armani Exchange benefited from higher full-price sales, women’s product strength and newness, he said.
In India, Fogliato said Fossil added more than 70 wholesale doors during the quarter, introduced new price points that increased full-price mix and average unit retail, and implemented a new e-commerce platform and CRM integration tool. Asked about macro concerns in the region, Fogliato called India “one of our strongest assets” and said Fossil maintains a leading position in a growing watch category.
Fossil also continues to simplify its operating model. Fogliato said the company is streamlining operations, rationalizing investments and consolidating its IT stack. After quarter-end, Fossil signed an agreement to transition its South Africa subsidiary to a distributor model, which executives said is intended to reduce operating expenses and improve gross profit flow-through.
Guidance Reiterated Despite Geopolitical Uncertainty Greben said Fossil is reiterating its fiscal 2026 outlook, despite results to date running ahead of expectations, because of uncertainty in the geopolitical environment and potential effects on input costs and consumer behavior.
Worldwide net sales are still expected to decline 4% to 6%. The net impact of store closures and the extra week in 2025 is expected to be about 360 basis points. Adjusted operating margin is still expected to be in the range of 3% to 5%. The company continues to expect breakeven free cash flow for the full year. Greben said Fossil expects 2026 to be weighted toward the second half, with a return to top-line growth anticipated in the fourth quarter. The company ended the quarter with $81 million in cash and cash equivalents, $28 million of availability under its asset-based revolver and no utilization under its at-the-market program. Inventory was $156 million, down 14% from a year earlier.
“With only one quarter of the year delivered, we are holding our guidance in light of the geopolitical climate and its potential impact on the consumer,” Fogliato said. “We continue to have strong conviction in the trajectory of the business.”
About Fossil Group NASDAQ: FOSLFossil Group, Inc designs, develops, markets and distributes consumer fashion accessories, focusing on lifestyle and wearable technology. The company offers a wide range of products including analog and digital watches, smartwatches, jewelry, handbags, small leather goods and wearable devices. It sells merchandise under its own Fossil brand and via license agreements with international labels such as Michael Kors, Armani Exchange, Burberry, Diesel, DKNY, Kate Spade and Tory Burch. Through its proprietary e-commerce platforms and global retail network, Fossil Group serves markets across North America, Europe, Asia and the Middle East.
The group's wearable technology segment combines traditional timepieces with features such as fitness tracking, heart-rate monitoring and NFC payments.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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May 19, 2026 16:05 ET | Source: Fossil Group, Inc.
RICHARDSON, Texas, May 19, 2026 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) announced today that the Company will participate in the TD Cowen 10th Annual Future of the Consumer Conference, being held at the Lotte New York Palace Hotel in New York City, on June 3, 2026. Franco Fogliato, Chief Executive Officer, and Randy Greben, Chief Financial Officer, will meet with investors throughout the day.
About Fossil Group, Inc.
Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include watches, jewelry, handbags, small leather goods, belts and sunglasses. We are committed to delivering the best in design and innovation across our owned brands, Fossil, Michele, Relic, Skagen and Zodiac, and licensed brands, Armani Exchange, Diesel, Emporio Armani, Michael Kors, Skechers and Tory Burch. We bring each brand story to life through an extensive distribution network across numerous geographies, categories, and channels. Certain press release and SEC filing information concerning the Company is also available at www.fossilgroup.com.
Key Takeaways BP is increasing its solar, wind and bioenergy footprint through strategic partnerships.BP's Archaea Energy strengthens its position in the renewable natural gas market.BP is advancing hydrogen and carbon capture projects to support decarbonization goals. Air quality continues to deteriorate globally due to rising emissions from transportation, industrial activity and rapid urbanization, increasing risks to public health and the environment. In response to these challenges, governments and industries are prioritizing cleaner energy solutions by adopting low-emission fuels, stricter standards and sustainable technologies to support the global energy transition. BP plc (BP - Free Report) is positioning itself for this transition by combining its traditional fossil fuels operations with expanding renewable energy and low-carbon businesses.
BP has built a strong renewable portfolio, spanning solar, wind and bioenergy, by utilizing capital-light partnerships to reduce risk. The company continues to expand its solar and battery storage presence through partnerships such as Lightsource bp, while its JERA Nex bp joint venture strengthens its offshore wind platform. BP has also established a growing position in renewable natural gas through Archaea Energy, supporting cleaner fuel demand across transportation and energy-intensive industries.
Beyond its renewable portfolio, BP is focusing on difficult-to-decarbonize sectors to help significantly lower atmospheric emissions. The company is advancing this goal by developing low-carbon hydrogen production facilities and large-scale carbon capture and storage (CCS) projects. Through these strategic partnerships and targeted investments, BP continues to strengthen its long-term energy transition strategy while supporting global efforts to lower emissions and improve air quality.
CVX & XOM Focus on Reducing EmissionsOther leading integrated energy giants Chevron Corporation (CVX - Free Report) and Exxon Mobil Corporation (XOM - Free Report) are actively advancing initiatives to improve air quality.
Chevron is reducing emissions by investing in carbon capture, utilization and storage (CCUS) technologies to trap carbon dioxide underground. CVX is increasing its production of renewable fuels, including biodiesel, renewable natural gas and hydrogen, to help reduce emissions.
Like BP, ExxonMobil has established its own low carbon solutions business. Through this division, XOM is building large-scale CCS facilities along the U.S. Gulf Coast, a vital energy-producing corridor, to safely capture and isolate industrial emissions.
BP’s Price Performance, Valuation & EstimatesBP shares have gained 42.7% over the past year compared with the 44.5% growth of the industry.
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From a valuation standpoint, BP trades at a trailing 12-month enterprise-value-to-EBITDA (EV/EBITDA) of 3.11X. This is below the broader industry average of 6.42X.
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The Zacks Consensus Estimate for BP's 2026 earnings has been unchanged over the past seven days.
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BP currently carries Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
