Global markets and watch demand boosts Fossil

|By:, SA News Editor

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