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Fossil Group Rating Increased to Hold at Zacks

2015-05-09 21:31:44| Jewelry - Topix.net

Zacks' analyst wrote, "Fossil's earnings of $0.91 per share in the first quarter of 2015 comprehensively beat the Zacks Consensus Estimate, but declined 25.4% from the prior-year quarter due to higher operating expenses. Revenues missed the consensus and also declined 7% from the prior-year quarter due to currency headwinds and an extra week in the prior-year quarter.

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