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Nomura Reaffirms "Hold" Rating for Fossil Group

2015-08-12 14:27:51| Jewelry - Topix.net

's stock had its "hold" rating reiterated by equities researchers at Nomura in a research report issued to clients and investors on Wednesday, Marketbeat reports. Shares of Fossil Group opened at 62.11 on Wednesday.

Tags: group rating hold fossil

Fossil ekes out a profit rise, but sales hit by the strong dollar

2015-08-12 02:48:42| Jewelry - Topix.net

A close-up of a wall made up of collectible tins that Fossil fashion watches came in over the years. The wall is located inside the lobby of Fossil's headquarters in Richardson, Texas.

Tags: the sales hit strong

Fossil Falls 5%: No Mention of Apple, Upbeat on Coming Wearables

2015-08-12 01:43:16| Jewelry - Topix.net

Watch maker Fossil Group , which sells under its own brand and also Danish brand Skagen, this afternoon reported Q2 revenue that fell short of analysts' expectations, though it beat on the bottom line, and forecast growth for the year lower as well, citing the impact of the rising U.S. dollar , and slumping sales in some international markets . The company, however, was upbeat about its first wearable technology offerings, coming this fall, and didn't discuss Apple and its Apple Watch , which some might think could affect Fossil watch sales.

Tags: on coming falls apple

Fossil (FOSL) Stock Slumping in After-Hours Trading on Revenue Miss

2015-08-12 00:42:34| Jewelry - Topix.net

For the quarter ended July 4, the watchmaker reported earnings of $1.12 per share on revenue of $740 million. In the same period the previous year the company earned 98 cents per share on revenue of $773.8 million.

Tags: stock miss trading revenue