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Apple Watch Launch Weighs On Fossil, Garmin

2015-02-20 03:52:28| Jewelry - Topix.net

Both companies took a hit this week after reporting disappointing fourth-quarter results, and analysts started speculating on the impact of "While notable newcomers can help grow the market by bringing new customers into the category, they might also cause some near-term disruption," Chief Financial Officer Dennis Secor said. In the December quarter, Richardson, Texas-based Fossil earned $2.92 a share excluding items on sales of $1.06 billion.

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