Fossil Group (NASDAQ:FOSL) Announces Quarterly Earnings Results

Fossil Group (NASDAQ:FOSLGet Free Report) announced its earnings results on Wednesday. The accessories brand company reported $0.39 EPS for the quarter, Zacks reports. Fossil Group had a negative net margin of 10.07% and a negative return on equity of 40.95%.

Fossil Group Stock Down 0.8 %

Shares of FOSL opened at $1.27 on Thursday. The company has a 50-day simple moving average of $1.65 and a 200-day simple moving average of $1.46. The firm has a market capitalization of $67.56 million, a P/E ratio of -0.55 and a beta of 2.12. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.10 and a current ratio of 1.81. Fossil Group has a 52 week low of $0.75 and a 52 week high of $2.61.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Fossil Group from a “buy” rating to a “hold” rating in a report on Friday, March 7th.

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Fossil Group Company Profile

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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.

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Earnings History for Fossil Group (NASDAQ:FOSL)

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