Fossil Group Inc. (FOSL, Financial) experienced a significant stock movement with its shares rising by 5.70%. The stock price reached $1.39 per share, with a trading volume of 284,335 shares and a turnover rate of 0.54%. The stock's price amplitude during this period was 6.08%.
Recent financial reports for Fossil Group show a revenue of $260 million, a net loss of $38.79 million, and an earnings per share (EPS) of -$0.73. The gross profit stood at $137 million, resulting in a price-to-earnings (P/E) ratio of -0.47. Currently, no institutional ratings such as "buy," "hold," or "sell" are available for the stock.
In the footwear and accessories sector, Fossil Group stands out with a notable increase of 0.39% overall. Other stocks in the sector like American Rebel Holdings, Inc. and On Holding have shown significant gains. American Rebel Holdings had a turnover rate of 23.65%, while Crocs and Designer Brands Inc. were active with turnover rates of 1.34% and 1.05%, respectively. Stocks with high price amplitude in this sector included American Rebel Holdings at 18.47%, Fossil Group at 6.08%, and Rocky Brands, Inc. at 5.78%.
Fossil Group is a designer and distributor of consumer fashion accessories, including traditional watches, smartwatches, jewelry, handbags, small leather products, belts, and sunglasses. The company's operational segments are divided into the Americas, Europe, and Asia. These segments cover sales to wholesale and distributor clients and activities through company-owned retail stores and e-commerce platforms.
