Fossil Group (FOSL) Tops Q2 EPS by 3c; Guides Q3 Below

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Go back to Fossil Group (FOSL) Tops Q2 EPS by 3c; Guides Q3 Below

Fossil Group, Inc. Reports Second Quarter Fiscal Year 2016 Results

August 9, 2016 4:01 PM EDT

Second Quarter Net Sales of $685 million; Diluted EPS of $0.12

 Updates Fiscal 2016 Guidance and Provides Third Quarter Guidance

Announces Amendment to Credit Agreement

RICHARDSON, Texas, Aug. 09, 2016 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) (the Company) today reported its financial results for the fiscal quarter ended July 2, 2016.  In the second quarter of fiscal 2016, the translation impact from the stronger U.S. dollar negatively impacted net sales by $6.8 million and reduced diluted EPS by $0.04.  On a constant currency... More