Fossil Group (NASDAQ:FOSL) released its quarterly earnings results on Tuesday. The accessories brand company reported $0.64 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.24, Bloomberg Earnings reports. Fossil Group had a negative net margin of 12.33% and a positive return on equity of 4.75%. During the same quarter last year, the business posted $1.03 earnings per share.
Fossil Group (NASDAQ:FOSL) opened at $9.04 on Wednesday. The firm has a market cap of $407.15, a price-to-earnings ratio of -1.26 and a beta of 0.65. The company has a current ratio of 2.32, a quick ratio of 1.09 and a debt-to-equity ratio of 0.68. Fossil Group has a fifty-two week low of $5.50 and a fifty-two week high of $23.49.
In related news, EVP Martin Frey acquired 7,500 shares of the firm’s stock in a transaction on Wednesday, November 22nd. The stock was bought at an average cost of $7.41 per share, with a total value of $55,575.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 12.80% of the stock is owned by company insiders.
Fossil Group Company Profile
Fossil Group, Inc is a design, marketing and distribution company that specializes in consumer fashion accessories. The Company’s segments include Americas, Europe and Asia. Each segment includes sales to wholesale and distributor customers, and sales through the Company-owned retail stores and e-commerce activities based on the location of the selling entity.
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