Winning FOSL Stock Forecast: Fossil Group Restructuring Plan Making The Right Plays In The Wearables Space
Winning FOSL Stock Forecast
“The introduction of smartwatches has had a huge impact on this category and it’s disrupted us in a really exciting way, We look at this as a new opportunity to grow the wrist.”
– Steve Evans, EVP Fossil Group
(Source: By Fossil Group (https://www.fossilgroup.com/) [Public domain], via Wikimedia Commons)
Although FOSL did not do well in its previous earnings reports, the outlook is quite positive for the company as it continues it restructure plan called the New World Fossil. They have been closing unprofitable stores and products recently
