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More on Fossil's (FOSL) Q1: Net sales up 9.3% Y/Y in North America and 18.8% in Asia, while...

More on Fossil's (FOSL) Q1: Net sales up 9.3% Y/Y in North America and 18.8% in Asia, while Europe rose 4.7% - pressured by a "softening" macro environment. Lowers FY12 EPS outlook to $5.30-$5.40, from prior guidance of $5.40-$5.50. Shares -14.9% premarket. (PR)

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