{"schema_version":"secwatch.filing_event.v1","accession":"0000883569-23-000006","form_type":"8-K","ticker":"FOSL","cik":"0000883569","company_name":"Fossil Group, Inc.","filed_at":"2023-03-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.377894+00:00","generated_at":"2026-06-18T09:08:37.358624+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Fossil Group Q4 net sales down 17% to $499M; full year operating loss $1M vs $93M profit year ago","bullets":["Q4 net sales $499M (-17% reported, -12% constant currency); declines across all regions.","Full year net sales $1,682M (-10% reported, -5% CC); wholesale down 11% CC, DTC up 5% CC.","Full year operating loss $1M vs operating income $93M prior year; adjusted operating income $7M (0.4% of sales) vs $124M (6.6%).","Diluted loss per share $0.85 (adjusted loss $0.71) vs diluted EPS $0.48 (adjusted $1.12) prior year.","Cash and cash equivalents $199M as of Dec 31, 2022; company outlines 'Transform and Grow Plan' amid headwinds."],"urls":{"canonical":"https://secwatch.observer/filing/0000883569-23-000006","json":"https://secwatch.observer/filing/0000883569-23-000006.json","markdown":"https://secwatch.observer/filing/0000883569-23-000006.md","text":"https://secwatch.observer/filing/0000883569-23-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/883569/000088356923000006/0000883569-23-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/883569/000088356923000006/fosl-20230308.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T09:08:37.358624+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"05a20d7575eb529d99d786c85780b779c745903f","claim":"Fossil Group, Inc. reported the fiscal quarter and year ended December 31, 2022 results: revenue $499 million, EPS $0.85. Guidance initiated.","evidence_excerpt":"financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter and Full Year Summary • Fourth quarter worldwide net sales decreased to $499 million, down 17% on a reported basis and 12% in constant currency with sales declines across all regions. Growth in the Company’s direct to consumer channel was offset by declines in","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/883569/000088356923000006/0000883569-23-000006-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter and year ended December 31, 2022"},{"label":"Revenue","value":"$499 million"},{"label":"EPS","value":"$0.85"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}