More on Fossil's (FOSL): Wholesales sales increased across segments, paced by a 20% in direct to...
More on Fossil's (FOSL): Wholesales sales increased across segments, paced by a 20% in direct to consumer and a 19% gain in Asia. In the U.S., the addition of the Skagen brand helped offset weakness in other categories. Selling and distribution expenses rose 16.2% Y/Y to $255.9M. Looking forward, EPS of $0.93-$0.98 for Q1 and $5.85-$6.15 for FY13 is forecast. FOSL -2.0% premarket. (PR)
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