Seeking Alpha

Global markets and watch demand boosts Fossil

  • Fossil (FOSL) delivers a shocker of a Q4 report as sales in its North America wholesale segment rose 13.1% on strong demand for watches and jewelry.
  • Slow traffic in U.S. stores was offset by Fossil's strong performance in Europe and Asia.
  • For FQ1, the company sees EPS of $1.10-$1.18 on revenue growth of 12.5%-14%.
  • FOSL +5.2% AH
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