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Fossil Inc Comment On Q1 2013 Revenue Guidance; Issues Q1 2013 EPS Guidance Below Analysts' Estimates; Issues FY 2013 Guidance In Line With Analysts' Estimates


Tuesday, 12 Feb 2013 06:59am EST 

Fossil Inc announced that for the first quarter of 2013, it expects net sales to increase approximately 10% and diluted earnings per share in a range of $0.93 to $0.98. For fiscal 2013, the Company expects net sales to increase between 10% and 11% and diluted earnings per share (EPS) in a range of $5.85 to $6.15. The Company reported revenue of $2.858 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $656.96 million and EPS of $1.03 for the first quarter of 2013; and revenue of $3.144 billion and EPS of $6.12 for fiscal 2013. 

Company Quote

102.67
-0.36 -0.35%
11 Jul 2014