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Fossil Inc Comments On Q2 2013 Revenue Guidance; Issues Q2 2013 EPS Guidance Below Analysts' Estimates; Reaffirms FY 2013 Revenue Guidance; Raises FY 2013 EPS Guidance


Tuesday, 7 May 2013 07:00am EDT 

Fossil Inc announced that for the second quarter of 2013, it expects net sales to increase approximately 8%-9% and diluted earnings per share in a range of $0.89 to $0.94. For fiscal 2013, the Company expects net sales to increase between 10% and 11% and diluted earnings per share (EPS) in a range of $6.00 to $6.26. 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 $699.05 million and EPS of $1.05 for the second quarter of 2013; and revenue of $3.161 billion and EPS of $6.10 for fiscal 2013. 

Company Quote

99.76
-0.44 -0.44%
21 Jul 2014