Fossil (FOSL) PT, Estimates Trimmed at Piper Jaffray; 'Buy' Maintained

Fossil (FOSL) Buy Rating Maintained at Topeka

Topeka Capital maintained a Buy rating on Fossil (NASDAQ: FOSL) with a price target of $150. Dorothy S. Lakner called Q3 results a "blowout."

"We reiterate our Buy on FOSL after it followed up a strong 1H with a blowout 3Q based on... More

Fossil (FOSL) PT, Estimates Raised at Jefferies Amid Strong Q3

Jefferies analyst Randal Konik reiterated a Buy rating and boosted his price target on Fossil (NASDAQ: FOSL) to $150.00 (from $140.00) following strong results after the close.

Konik commented, "We think it is largely understood that Fossil is reaching maturity in the N. America... More

Michael Kors (KORS), Fossil (FOSL) Renew Global Licensing Agreement

Michael Kors Holdings Limited (NYSE: KORS) and Fossil Group, Inc. (Nasdaq: FOSL) announced today that they have renewed their global licensing agreement through 2024.

Michael Kors, a global luxury lifestyle brand, first partnered with Fossil Group, a global design, marketing and distribution company specializing in fashion accessories, in 2004 to design, develop and distribute... More

Fossil Group (FOSL) Tops Q3 EPS by 14c; $1 Billion Buyback Plan

Fossil Group (NASDAQ: FOSL) reported Q3 EPS of $1.96, $0.14 better than the analyst estimate of $1.82. Revenue for the quarter came in at $894 million versus the consensus estimate of $879 million.

The board authorizes $1 billion share repurchase program.

Fossil Group sees Q4 2014 EPS of $2.91-$3.21, versus the consensus of $3.16.

Fossil Group sees FY2014 EPS of $7.00-$7.30, versus the consensus of $7.16.

Kosta Kartsotis, Chief Executive Officer, commented on the results. "The third quarter marked another strong period for our company. We reported better-than-expected top and bottom line results, advanced many of... More