Fossil Group, Inc.
For the period ended Apr 5, 2025. Filed May 15, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 5, 2025 · Filed May 15, 2025
FOSL$7.87-2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| For the 14 Weeks Ended April 5, 2025 | For the 13 Weeks Ended March 30, 2024 | |
|---|---|---|
| Operating Activities: | ||
| Net income (loss) | $(17,850) | $(24,314) |
| Adjustments to reconcile net loss to net cash (used in) provided by operating activities: | ||
| Depreciation, amortization and accretion | 3,441 | 4,475 |
| Non-cash lease expense | 14,975 | 16,771 |
| Stock-based compensation | 593 | 1,011 |
| Decrease in allowance for returns and markdowns | (4,538) | (2,957) |
| Property, plant and equipment and other long-lived asset impairment losses | 79 | 373 |
| Non-cash restructuring charges | 59 | 101 |
| Bad debt expense | 155 | 2,459 |
| Other non-cash items | (778) | 625 |
| Contingent consideration remeasurement | — | (154) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 40,505 | 49,089 |
| Inventories | (328) | 25,015 |
| Prepaid expenses and other current assets | (6,709) | (14,391) |
| Accounts payable | (41,123) | (3,270) |
| Accrued expenses | (30,462) | (25,543) |
| Income taxes | 1,006 | (8,731) |
| Operating lease liabilities | (19,381) | (19,937) |
| Net cash (used in) provided by operating activities | (60,356) | 622 |
| Investing Activities: | ||
| Additions to property, plant and equipment and other | (285) | (1,678) |
| Decrease in intangible and other assets | 987 | 348 |
| Net cash provided by (used in) investing activities | 702 | (1,330) |
| Financing Activities: | ||
| Acquisition of common stock | (3) | (3) |
| Distribution of noncontrolling interest earnings | (3,920) | — |
| Debt borrowings | 39,338 | 13,815 |
| Debt payments | (25,176) | (18,093) |
| Payment for shares of Fossil Accessories South Africa Pty. Ltd. | — | (422) |
| Net cash provided by (used in) financing activities | 10,239 | (4,703) |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 4,087 | 691 |
| Net decrease in cash, cash equivalents, and restricted cash | (45,328) | (4,720) |
| Cash, cash equivalents, and restricted cash: | ||
| Beginning of period | 126,592 | 121,583 |
| End of period | $81,264 | $116,863 |
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