FOSSIL GROUP, INC.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jul 2023 | Apr 2023 | Dec 2022 | Oct 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $260.0M | $254.9M | $421.3M | $344.1M | $322.0M | $325.0M | $499.1M | $436.3M |
| Cost of Revenue | $123.1M | $121.4M | $220.7M | $182.5M | $165.3M | $164.3M | $263.8M | $216.7M |
| Gross Profit | $136.9M | $133.5M | $200.5M | $161.7M | $156.7M | $160.7M | $235.4M | $219.6M |
| Gross Margin | 52.6% | 52.4% | 47.6% | 47.0% | 48.7% | 49.4% | 47.2% | 50.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $153.6M | $152.3M | $207.7M | $191.4M | $187.2M | $190.9M | $232.2M | $196.5M |
| Operating Income | $-34.0M | $-29.2M | $-24.0M | $-46.4M | $-35.3M | $-37.3M | $1.3M | $22.5M |
| Operating Margin | -13.1% | -11.5% | -5.7% | -13.5% | -11.0% | -11.5% | 0.3% | 5.2% |
| Interest Expense | — | $5.1M | $5.7M | $5.8M | $5.3M | $5.0M | $5.8M | $5.1M |
| Pretax Income | $-36.6M | $-30.4M | $-27.8M | $-55.2M | $-33.5M | $-39.6M | $-4.0M | $15.5M |
| Income Tax Expense | $2.2M | $-6.1M | $556.0K | $5.6M | $-7.2M | $1.6M | $5.5M | $9.2M |
| Net Income | $-38.8M | $-24.3M | $-28.4M | $-60.8M | $-26.3M | $-41.2M | $-9.5M | $6.3M |
| Net Margin | -14.9% | -9.5% | -6.7% | -17.7% | -8.2% | -12.7% | -1.9% | 1.4% |
| EPS (Basic) | $-0.73 | $-0.46 | $-0.53 | $-1.16 | $-0.51 | $-0.80 | $-0.18 | $0.11 |
| EPS (Diluted) | $-0.73 | $-0.46 | $-0.53 | $-1.16 | $-0.51 | $-0.80 | $-0.18 | $0.11 |
| Shares Outstanding (Basic) | 52.9M | 52.5M | 52.3M | 52.5M | 52.3M | 51.8M | 51.8M | 51.8M |
| Shares Outstanding (Diluted) | 52.9M | 52.5M | 52.3M | 52.5M | 52.3M | 51.8M | 51.8M | 52.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |