Fossil Group (FOSL) Stock’s Wild 2025 Ride: Skyrockets on Turnaround Hopes, Stumbles on Debt Fears
Fossil Group shares jumped over 40% to $3.75 on Oct. 15 after reporting a surprise profit and India IPO rumors, then fell 40% the next day on renewed debt concerns. Year-to-date, the stock is up 62%, far outpacing industry peers. The company is restructuring $150 million in debt and exploring a $300–$400 million India unit IPO. Q2 results showed a swing to $8.5 million operating profit despite a 16% sales drop.
