---
schema_version: "secwatch.filing_event.v1"
accession: "0000883569-24-000065"
form_type: "8-K"
ticker: "FOSL"
cik: "0000883569"
company_name: "Fossil Group, Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:29:38.757884+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fossil Q2 net sales $260M (-19% YoY); gross margin expands 390 bps to 52.6%

## Summary
- Operating loss of $34M vs. $35M a year ago; adjusted operating loss narrowed to $17M from $28M.
- SG&A expenses down 18% to $154M on lower compensation from TAG Plan efficiencies.
- Inventory down 38% YoY to $202M; total liquidity of $156M including $105M cash.
- TAG Plan drives gross margin improvement and cost reduction; full-year 2024 outlook maintained.
- Company conducting strategic review of business model and capital structure.

## SEC filing metadata
- accession: 0000883569-24-000065
- form_type: 8-K
- ticker: FOSL
- cik: 0000883569
- company_name: Fossil Group, Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883569/000088356924000065/0000883569-24-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883569/000088356924000065/fosl-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000883569-24-000065
- JSON: https://secwatch.observer/filing/0000883569-24-000065.json
- Plain text: https://secwatch.observer/filing/0000883569-24-000065.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.