Fossil Group Inc. is a global company specializing in the innovation, design, and marketing of fashion lifestyle and accessory products including watches, jewelry, and leather goods. At the heart of Fossil's vision is our commitment to fostering creativity and delivering the best in design through our three core businesses: the Fossil brand, our Portfolio of internationally recognized brands, and our newest addition, Skagen. With over 500 company-owned stores worldwide, 4,000 wholesale locations, and a strong e-commerce business, we have a unique position in the global marketplace that is continuing to grow!

Type
Public
HQ
Richardson, US
Founded
1984
Size (employees)
14,500 (est)-3%
Website
fossil.com
Fossil was founded in 1984 and is headquartered in Richardson, US

Fossil Office Locations

Fossil has an office in Richardson
Richardson, US (HQ)
901 S Central Expy

Fossil Data and Metrics

Fossil Financial Metrics

Fossil's revenue was reported to be $581.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

581.8 m

Gross profit (Q1, 2017)

289.5 m

Gross profit margin (Q1, 2017), %

50%

Net income (Q1, 2017)

(46.8 m)

EBIT (Q1, 2017)

(45.3 m)

Market capitalization (18-Aug-2017)

363.1 m

Cash (01-Apr-2017)

320.7 m
Fossil's current market capitalization is $363.1 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3.3 b3.5 b3.2 b3 b

Revenue growth, %

8%(8%)(6%)

Cost of goods sold

1.4 b1.5 b1.5 b1.5 b

Gross profit

1.9 b2 b1.8 b1.6 b

Gross profit Margin, %

57%57%54%52%

General and administrative expense

1.4 b

Operating expense total

1.4 b

EBIT

561.6 m566.5 m291.2 m127.1 m

EBIT margin, %

17%16%9%4%

Interest expense

9.5 m15.9 m20 m26.9 m

Pre tax profit

561.5 m558.1 m311.7 m114.3 m

Income tax expense

173.4 m171.5 m81.8 m28.7 m

Net Income

388 m386.6 m229.9 m85.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

773.8 m894.5 m725.1 m740 m771.3 m659.8 m685.4 m738 m581.8 m

Cost of goods sold

329.2 m385.4 m324.4 m330.5 m353.6 m311.5 m329.6 m352.9 m292.3 m

Gross profit

444.6 m509 m400.7 m409.5 m417.7 m348.3 m355.8 m385.1 m289.5 m

Gross profit Margin, %

57%57%55%55%54%53%52%52%50%

General and administrative expense

359.8 m354.1 m332.5 m332.6 m338.9 m333.9 m340.3 m339.4 m308.5 m

EBIT

84.8 m154.9 m56.2 m70.4 m75.7 m14.4 m15.5 m31.2 m(45.3 m)

EBIT margin, %

11%17%8%10%10%2%2%4%(8%)

Pre tax profit

79.8 m153.3 m59.2 m79.7 m77.4 m10.7 m11.6 m25.8 m(48 m)

Net Income

54.9 m106.4 m40.6 m56.8 m60.1 m7.4 m8.1 m19.3 m(46.8 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

320.5 m276.3 m289.3 m297.3 m

Accounts Receivable

375.5 m

Inventories

570.7 m597.3 m625.3 m542.5 m

Current Assets

1.5 b1.5 b1.4 b1.3 b

Goodwill

207 m197.7 m359.4 m355.3 m

Total Assets

2.2 b2.2 b2.4 b2.2 b

Accounts Payable

165.4 m159.3 m208.1 m163.6 m

Total Debt

610 m

Current Liabilities

491.9 m446.8 m489.5 m414.6 m

Non-Current Liabilities

663.1 m776.9 m933.6 m756.9 m

Total Liabilities

1.2 b1.2 b1.4 b1.2 b

Additional Paid-in Capital

154.4 m171.7 m187.5 m213.4 m

Retained Earnings

877.1 m822.1 m814 m887.8 m

Total Equity

1.1 b983.8 m932.5 m1 b

Debt to Equity Ratio

0.6 x

Debt to Assets Ratio

0.3 x

Financial Leverage

2.1 x2.2 x2.5 x2.2 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

272.6 m218.1 m236.8 m249.9 m301.6 m306.8 m231.8 m236 m320.7 m

Inventories

664.2 m695.2 m630.6 m669.3 m746.3 m630 m661.7 m699.6 m571.5 m

Current Assets

1.4 b1.5 b1.3 b1.4 b1.6 b1.3 b1.3 b1.4 b1.3 b

Goodwill

206.4 m201 m196 m197.7 m197.3 m362.7 m364.2 m364.6 m356.4 m

Total Assets

2.2 b2.2 b2 b2.1 b2.3 b2.3 b2.2 b2.3 b2.1 b

Accounts Payable

177 m196.8 m154.8 m161.4 m180.7 m159.9 m195.3 m193.6 m151.2 m

Current Liabilities

433.7 m493 m383.5 m381.9 m433.5 m372.9 m411.7 m424.1 m386.7 m

Non-Current Liabilities

711.2 m782.6 m779.7 m833.1 m937.7 m942.9 m859.3 m848.6 m732.7 m

Additional Paid-in Capital

162.4 m166.7 m174.2 m178.6 m183 m192.2 m201.2 m208.2 m218.8 m

Retained Earnings

812.8 m783.2 m746.1 m698.4 m743.6 m815.6 m820.8 m838.1 m839.6 m

Total Equity

1 b961.2 m880.3 m844.4 m883.6 m944.4 m955.5 m984.9 m982.3 m

Financial Leverage

2.1 x2.3 x2.3 x2.4 x2.6 x2.4 x2.3 x2.3 x2.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

388 m386.6 m229.9 m85.6 m

Depreciation and Amortization

81.9 m87.7 m94.6 m

Accounts Receivable

(77 m)42.9 m(12.9 m)

Inventories

(53 m)597 m(43 m)64.8 m

Accounts Payable

15.3 m159.3 m41.8 m(43 m)

Cash From Operating Activities

411.7 m(44.2 m)360.8 m210.1 m

Purchases of PP&E

(95.2 m)(79.8 m)(65.7 m)

Cash From Investing Activities

(123.2 m)(293.8 m)(12.4 m)

Cash From Financing Activities

(148.2 m)(64 m)(198.5 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

54.9 m106.4 m40.6 m56.8 m60.1 m7.4 m8.1 m19.3 m(46.8 m)

Inventories

664.2 m695.2 m630.6 m669.3 m746.3 m630 m661.7 m699.6 m571.5 m

Accounts Payable

177 m196.8 m154.8 m161.4 m180.7 m159.9 m195.3 m193.6 m151.2 m
Y, 2017

Financial Leverage

2.1 x

Fossil Market Value History

Fossil Median Salaries

Source: 48 public H-1B filings from Fossil

Traffic Overview of Fossil

Fossil Online and Social Media Presence

Fossil News and Updates

Taylor Farms wants to make food without fossil fuels

 As industries go, agriculture represents one of the worst environmental offenders, according to research by the United Nations Environment Programme. Farms need tending around the clock. So besides all the fertilizers, pesticides and water they use, farms also burn a lot of fossil fuels and money t…

The fossil fuel divestment trend has a dangerous reality

What began as a group of American students lobbying their campuses to offload their holdings in the fossil fuel industry has now become a more significant movement. So far, it has prompted a reported $5.46 trillion being withdrawn from the coal, oil and gas industries by organisations as diverse …

Gillmor Gang: Fossil Fuel

 The Gillmor Gang — Doc Searls, Keith Teare, Frank Radice, and Steve Gillmor. Recorded live Friday, April 21, 2017. Big Media meets the Big Algorithm as we reach subscription saturation. B=V/T: Self-service Bundling based on Value prioritized by Trust erases the distinction between short and long fo…

More and more fossil fuel companies support a carbon tax—here’s a running list

“Climate change is no longer a matter of science,” a coal company executive recently told me. “It is a political and social reality.” Even though…

Fossil unveils two Q smartwatches to give Android Wear 2.0 some fashion cred

Android Wear 2.0 is really starting to make its mark on the fashion world.  Fossil, which has carved out a space in the wearable market with its fashion-first Q line of smart and connected watches, is unveiling two new devices for Android Wear 2.0 at the Baselworld Watch and Jewelry show in Swit…

David Attenborough has now had an ancient shrimp fossil named after him

Sir David Attenborough has had yet another species named after him, Cascolus Ravitis, after a 430-million-year-old fossil was discovered in Hertfordshire. Cascolus is a Latin translation of the Old English equivalent to Attenbourough and Ravitis references the Roman name for Leicester, where the …
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Fossil Company Life and Culture

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