Fossil Q2 FY26: revenue -4.9% to $209.7M, net loss widens 363.3% to -$10.6M on higher interest

Filed August 13, 2026 · Period ending July 4, 2026 · Compared to 10-Q Aug 14, 2025 · ~2 min read

Key Changes

• high

  Net loss widened 363.3% to -$10.6M (diluted EPS -$0.18) while operating income fell only 62.3% to $3.2M — the bottom-line deterioration came from interest expense doubling to $16.8M YTD following the November 2025 debt restructuring, not from operations.

  MD&A: Operating Results & Notes: Debt verify on EDGAR →
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  Debt restructuring completed November 2025: exchanged $150M of 7.00% notes due 2026 for new First-Out Notes (9.50% due Jan 2029) and Second-Out Notes (7.50% due Jun 2029), raised $32.5M new money, issued 954,070 shares. Revolver refinanced at SOFR+5.00% with springing maturity that could pull forward to Oct 2028 if First-Out Notes remain outstanding.

  Notes: Debt Restructuring view on EDGAR →
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  Received $5.9M in IEEPA tariff refunds following Supreme Court ruling that invalidated certain China tariffs; $3.6M relates to prior-year tariffs. New Section 301 tariffs of 10-12.5% imposed July 2026 on imports from 60 economies including China, with administration signaling further increases.

  MD&A: IEEPA Refunds & Risk Factors: Tariffs verify on EDGAR →