{"schema_version":"secwatch.filing_event.v1","accession":"0000883569-24-000077","form_type":"8-K","ticker":"FOSL","cik":"0000883569","company_name":"Fossil Group, Inc.","filed_at":"2024-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.250313+00:00","generated_at":"2026-05-30T04:10:24.345220+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Fossil Q3 net sales $288M (-16% YoY); operating loss narrows to $24M","bullets":["Q3 net sales $288M, down 16% reported and constant currency; six points of negative impact from smartwatch exit and store optimization.","Gross margin expanded 240 bps to 49.4%; SG&A down 16% to $161M reflecting TAG Plan efficiencies.","Operating loss improved to $24M from $46M last year; adjusted operating loss $19M vs $31M.","Inventory down 31% to $226M; total liquidity $130M ($106M cash + $24M revolver).","On track for at least $100M annualized savings in 2024 under TAG Plan; full year outlook updated (no specific guidance provided)."],"urls":{"canonical":"https://secwatch.observer/filing/0000883569-24-000077","json":"https://secwatch.observer/filing/0000883569-24-000077.json","markdown":"https://secwatch.observer/filing/0000883569-24-000077.md","text":"https://secwatch.observer/filing/0000883569-24-000077.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/883569/000088356924000077/0000883569-24-000077-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/883569/000088356924000077/fosl-20241107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T04:10:24.345220+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}