---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-022975"
form_type: "8-K"
ticker: "FOSL"
cik: "0000883569"
company_name: "Fossil Group, Inc."
filed_at: "2025-03-12T23:59:59+00:00"
generated_at: "2026-05-24T22:57:46.098646+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fossil Group Q4 net sales down 19% to $342M; appoints Randy Greben as CFO, outlines turnaround

## Summary
- Q4 net sales $342M (-19% YoY); adjusted operating income $20.1M; diluted EPS -$0.14, adjusted EPS $0.39.
- Inventory fell 29.4% to $178.6M; Q4 free cash flow $30M; total liquidity $177M.
- Turnaround plan: ~$100M SG&A savings in 2025, closure of ~50 stores, distributor model in select markets.
- 2027 targets: net sales >$800M, mid-single-digit adj. operating margin, positive free cash flow.
- Randy Greben appointed CFO (eff. Mar 17); $575K base salary, 75% target bonus, 150K RSU inducement award.

## SEC filing metadata
- accession: 0001104659-25-022975
- form_type: 8-K
- ticker: FOSL
- cik: 0000883569
- company_name: Fossil Group, Inc.
- filed_at: 2025-03-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883569/000110465925022975/0001104659-25-022975-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883569/000110465925022975/tm258816d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-022975
- JSON: https://secwatch.observer/filing/0001104659-25-022975.json
- Plain text: https://secwatch.observer/filing/0001104659-25-022975.txt

## Key facts
- Executive change
  Randy Greben was appointed as Chief Financial Officer at Fossil Group, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On March 7, 2025, the Board of Directors (the “Board”) of the Company has appointed Randy Greben to serve as Chief Financial Officer of the Company, effective as of March 17, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883569/000110465925022975/0001104659-25-022975-index.htm
- Executive change
  Andy Skobe departed as Interim Chief Financial Officer at Fossil Group, Inc..
  - Role: Interim Chief Financial Officer
  source text: Mr. Greben is assuming the role of Chief Financial Officer from Andy Skobe, who was serving as Interim Chief Financial Officer pursuant to an agreement with Ankura Consulting Group, LLC.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883569/000110465925022975/0001104659-25-022975-index.htm

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