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Fossil Group Inc (FOSL) Upgraded to "Hold" at Zacks Investment Research

2016-03-28 21:23:19| Jewelry - Topix.net

According to Zacks, "Fossil handily beat earnings and revenue estimates in the fourth quarter of fiscal 2015, despite economic, competitive and consumer headwinds. Earnings of $1.74 per share, however, plunged 42% from the prior-year figure due to a decline in sales and operating income, which offset the favorable impact of lower taxes.

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