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Is Fossil Group (FOSL) Stock Outpacing Its Retail-Wholesale Peers This Year?

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Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Fossil Group (FOSL - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Fossil Group is a member of our Retail-Wholesale group, which includes 214 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. FOSL is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for FOSL's full-year earnings has moved 252.83% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that FOSL has returned about 249.04% since the start of the calendar year. At the same time, Retail-Wholesale stocks have gained an average of 10.14%. This shows that Fossil Group is outperforming its peers so far this year.

Looking more specifically, FOSL belongs to the Retail - Apparel and Shoes industry, a group that includes 33 individual stocks and currently sits at #46 in the Zacks Industry Rank. Stocks in this group have gained about 2.97% so far this year, so FOSL is performing better this group in terms of year-to-date returns.

FOSL will likely be looking to continue its solid performance, so investors interested Retail-Wholesale stocks should continue to pay close attention to the company.


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