Fossil (FOSL) Postmarket Reaction Overdone, Sell - Piper Jaffray

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Fossil Group, Inc. Reports Fourth Quarter and Fiscal Year 2015 Results

February 16, 2016 4:01 PM EST

Fourth Quarter Net Sales of $993 Million; Diluted EPS of $1.46

Fiscal Year 2015 Net Sales of $3.229 Billion; Diluted EPS of $4.51

Provides First Quarter and Fiscal 2016 Guidance  

RICHARDSON, Texas, Feb. 16, 2016 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) (the Company or Fossil Group) today reported its financial results for the fourth quarter and fiscal year ended January 2, 2016.  In the fourth quarter of fiscal 2015, the translation impact from the stronger U.S. dollar negatively impacted net sales by $55.6 million and... More