Trade Fossil Group, Inc. - FOSL CFD

About Fossil Group Inc

Fossil Group, Inc. is a design, marketing and distribution company that specializes in fashion accessories. The Company offers traditional watches, smartwatches, jewelry, handbags, small leather goods, belts and sunglasses. The Company's segments include Americas, Europe and Asia. The Americas is comprised of sales from its operations in the United States, Canada and Latin America. The Europe segment is comprised of sales to customers based in European countries, the Middle East and Africa. The Asia segment is comprised of sales to customers based in Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea and Thailand. The Company's owned brands include FOSSIL, SKAGEN, MICHELE, RELIC and ZODIAC and licensed brands ARMANI EXCHANGE, DIESEL, DKNY, EMPORIO ARMANI, KATE SPADE NEW YORK, MICHAEL KORS, PUMA, and TORY BURCH.

Financial summary

BRIEF: For the fiscal year ended 01 January 2022, Fossil Group Inc revenues increased 16% to $1.87B. Net income totaled $25.4M vs. loss of $96.1M. Revenues reflect Americas segment increase of 22% to $785.9M, Europe segment increase of 17% to $610.2M, Retail Sales Watch increase of 16% to $1.51B. Net Income reflects Americas segment income increase from $33M to $157M, Europe segment income increase from $19.5M to $110M.

Equity composition

Common Stock $.01 Par, 03/11, 100M auth. 67,923,151 issd. Insiders owns 15.63%. IPO: 4/93, 2.76M shares @ $7.50 by Montgomery Securities. PO 5/98, 2,150,000 shares(215K by the Co.) @ $19 by Salomon Smith Barney.