The Fossil Group
thepopularinvestor.substack.com
The Fossil Group outlined their “TAG” strategy to cut structural costs from the business and focus growth in their successful proprietary products to grow out annual operating income to $300 million by 2025. The company trades at $210 million enterprise value as of this morning.
Despite decent debt maturities, $116 million cash on hand and improving working capital the big question is whether there plan is realistic and of course how would the market price that outcome?
Contents:
Business Overview
“Transform and Grow Plan” (TAG)
Financial Health
Valuations
Keep reading with a 7-day free trial
Subscribe to The Bottom-Up Bulletin to keep reading this post and get 7 days of free access to the full post archives.