Fossil Turnaround Taking Shape From Reduced Discounting With Potential India IPO Catalyst

Mike Arnold 3.02K Followers Follow Summary Fossil is closing unprofitable stores and renewing leases on profitable ones to improve margins. I am focused on margin expansion through operational streamlining, despite ongoing balance sheet concerns. An IPO of Fossil's Indian unit could unlock capital, reduce debt, and create new funding opportunities. I expect FOSL to be based around $5 until Q3 earnings or a potential Indian IPO announcement acts as a catalyst. BalkansCat/iStock Editorial via Getty Images Everything about Fossil Group, Inc. ( FOSL ) suggests a relic of a bygone era. Brick-and-mortar, mall-based physical retail. Analog wrist watches. The name itself—Fossil—connotes something that is as old as the hills. Heck, Fossil was even in the notorious meme basket in This article was written by Mike Arnold 3.02K Followers Follow Full-time investor searching for great management teams, clean capital structures & scalable growth.Inactive CPA and CFA. Analyst’s Disclosure: I/we have a beneficial long position in the shares of FOSL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.