Fossil Group Q3 EPS Estimate Boosted by Northland Securities

Fossil Group, Inc. (NASDAQ:FOSL) – Equities research analysts at Northland Securities boosted their Q3 2026 EPS estimates for Fossil Group in a report issued on Thursday, August 13th. Northland Securities analyst O. Rickert now forecasts that the accessories brand company will post earnings of $0.03 per share for the quarter, up from their previous forecast of $0.02. The consensus estimate for Fossil Group’s current full-year earnings is ($0.04) per share. Northland Securities also issued estimates for Fossil Group’s Q4 2026 earnings at $0.13 EPS and FY2026 earnings at ($0.04) EPS.

Fossil Group (NASDAQ:FOSL) last posted its quarterly earnings results on Wednesday, August 12th. The accessories brand company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.29) by $0.16. Fossil Group had a negative net margin of 7.09% and a negative return on equity of 59.76%. The business had revenue of $209.69 million during the quarter, compared to analyst estimates of $199.33 million.

Other equities analysts have also issued reports about the company. Weiss Ratings restated a “sell (d-)” rating on shares of Fossil Group in a research report on Friday, July 17th. Wall Street Zen upgraded Fossil Group from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Two 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. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $7.50.

Fossil Group Trading Down 4.2%

NASDAQ FOSL opened at $5.50 on Monday. Fossil Group has a 1-year low of $1.70 and a 1-year high of $6.25. The company has a current ratio of 1.76, a quick ratio of 1.05 and a debt-to-equity ratio of 2.74. The stock has a 50-day moving average of $4.56 and a 200-day moving average of $4.43. The firm has a market cap of $311.52 million, a PE ratio of -4.30 and a beta of 1.62.

Hedge Funds Weigh In On Fossil Group

A number of hedge funds have recently modified their holdings of the company. Empowered Funds LLC purchased a new stake in shares of Fossil Group during the second quarter worth about $558,000. Public Employees Retirement System of Ohio bought a new stake in shares of Fossil Group in the second quarter worth about $34,000. Bank of America Corp DE purchased a new position in Fossil Group during the 2nd quarter valued at about $854,000. Fund 1 Investments LLC purchased a new position in Fossil Group during the 2nd quarter valued at about $2,223,000. Finally, Miller Value Partners LLC purchased a new position in Fossil Group during the 2nd quarter valued at about $8,874,000. Hedge funds and other institutional investors own 61.14% of the company’s stock.

About Fossil Group

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.