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Luxury names get a boost after Fossil (FOSL) knocks out an earnings beat with its Q2 report....

Luxury names get a boost after Fossil (FOSL) knocks out an earnings beat with its Q2 report. Though guidance was trimmed a bit by the fashion accessory retailer, broad revenue gains and a welcomed lack of any dire Europe warnings is helping to boost sentiment. Premarket luxury gainers: Movado Group (MOV) +1.1%, Coach (COH) +1.9%, Ralph Lauren (RL) +1.3%.
Comments (1)
  • yeah im sure eps improved THAT much with only 1.5m rev increase. please.
    7 Aug 2012, 08:41 AM Reply Like
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