Fossil Revenue, Profits - FOSL Annual Income Statement
Financial analysis of Fossil involves more than just checking the Fossil stock price, by looking at the financial statements of the company in detail. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has decreased from 3.04B to 2.79B and how operating and non operating activities have impacted the FOSL stock. Revenue for year 2017 is $2.79B and has decreased from $3.04B year on year as is evident when you compare the latest figures in the latest Fossil profit and loss statement with those of the prior corresponding period. Also see Fossil assets and Fossil free cash flow for a complete valuation of FOSL stock.
View revenue and profit details for latest and last 10 financial years.| Fiscal year is Jan - Dec | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
Fossil Revenues or Net Sales | 2.79B | 3.04B | 3.23B | 3.51B | 3.26B | 2.86B | 2.57B | 2.03B | 1.55B | 1.58B |
| Cost Of Goods Sold (COGS) | 1.43B | 1.46B | 1.48B | 1.51B | 1.4B | 1.25B | 1.13B | 875.52M | 703.24M | 732.09M |
Fossil Gross Profit | 1.36B | 1.58B | 1.75B | 2B | 1.86B | 1.61B | 1.44B | 1.16B | 844.85M | 851.15M |
| Research & Development Expense | - | - | - | - | - | - | - | - | - | - |
| Selling General & Admin Expense | 1.38B | 1.45B | 1.46B | 1.43B | 1.3B | 1.12B | 967.19M | 778.75M | 633.22M | 645.38M |
| Income Before Depreciation Depletion Amortization | -17.14M | 127.14M | 291.23M | 566.53M | 561.59M | 488.84M | 471.99M | 376.41M | 211.62M | 205.77M |
| Depreciation Depletion Amortization | 407.12M | - | - | - | - | - | - | - | - | - |
| Non Operating Income | 13.73M | 14.05M | 40.44M | 7.44M | 9.41M | 8.54M | -18.04M | 8.91M | 8.5M | -15.78M |
| Interest Expense | 43.21M | 26.89M | 20.01M | 15.89M | 9.54M | 5.16M | 2.39M | 1.11M | - | - |
Fossil Pretax Income | -453.75M | 114.3M | 311.65M | 558.07M | 561.46M | 492.22M | 451.55M | 384.21M | 219.89M | 189.42M |
| Provision for Income Taxes | 19.8M | 28.7M | 81.75M | 171.46M | 173.41M | 137.96M | 144.15M | 119.32M | 75.6M | 51.33M |
| MinorityInterest | 4.61M | 6.73M | 9.26M | 9.9M | 9.89M | 10.85M | 12.7M | 9.68M | 5.1M | - |
| Investment Gains Losses | - | - | - | - | - | - | - | - | - | - |
| Other Income | - | - | - | - | - | - | - | - | - | - |
| Income Before Extraordinaries & Disc Operations | -473.55M | 85.6M | 229.9M | 386.61M | 388.04M | 354.25M | 307.4M | 264.89M | 144.29M | 138.09M |
| Extraordinary Items & Discontinued Operations | - | - | - | - | - | - | - | - | - | - |
Fossil Profit/ Loss (Net Income) | -478.17M | 78.86M | 220.63M | 376.7M | 378.15M | 343.4M | 294.7M | 255.2M | 139.18M | 138.09M |
| Average Shares used to compute Diluted EPS | 48.5M | 48.3M | 48.9M | 53.1M | 57.7M | 61.4M | 63.97M | 67.69M | 67.15M | 68.32M |
| Average Shares used to compute Basic EPS | 48.5M | 48.1M | 48.8M | 52.9M | 57.4M | 61M | 63.3M | 66.7M | 66.68M | 67.53M |
| Income Before Nonrecurring Items | 3M | 118.02M | 275.37M | 376.7M | 367.67M | 331.12M | 294.7M | 255.21M | 139.19M | 138.1M |
| Income from Nonrecurring Items | -481M | -39.12M | -54.77M | - | 10.53M | 12.28M | - | - | - | - |
Fossil Earnings Per Share Basic Net | -9.87 | 1.64 | 4.52 | 7.12 | 6.59 | 5.63 | 4.66 | 3.83 | 2.09 | 2.04 |
Fossil Earnings Per Share Diluted Net | -9.87M | 1.63M | 4.51M | 7.1M | 6.56M | 5.59M | 4.61M | 3.77M | 2.07M | 2.02M |
| EPS Diluted Before Nonrecurring Items | 0.05 | 2.44 | 5.63 | 7.10 | 6.37 | 5.39 | 4.61 | 3.77 | 2.07 | 2.02 |
| Preferred Dividends Acc Pd | - | - | - | - | - | - | - | - | - | - |
| Dividends Common | - | - | - | - | - | - | - | - | - | - |
| Dividend Per Share Common | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
The key things to look for in an income statement while doing Fossil stock analysis are:
- Topline: A growing topline, as seen from the Fossil revenue chart, as isn't the case with Fossil indicates a sagging business. One needs to compare the YoY topline or sales growth of FOSL stock with its peers like BKE stock and GCO stock to see if the growth compares well with what can be expected from a company in that industry.
- Bottom line: Most businesses like Fossil try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
The income statement is also called statement of revenue and expense. The FOSL financials along with Fossil historical stock prices provide a lot of details about the firm.