Fossil (FOSL) Reports Mixed Q2 Results; Guides Q3, Q4; Raises FY09 Outlook
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Fossil (Nasdaq: FOSL) reports Q2 EPS of $0.25, 5 cents better than the analyst estimate of $0.20. Revenue for the quarter was $315.9 million, versus the consensus of $320.99 million.
Sees Q3 GAAP EPS of $0.38-$0.42 and Q4 EPS of $0.74-$0.80. The Street is currently expecting Q3 EPS of $0.46.
Raises its FY09 EPS guidance from $1.50-$1.70 to $1.63-$1.73, versus the consensus of $1.61.
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