Fossil Group (FOSL) Misses Q2 EPS by 15c; Guides Lower

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Fossil Group, Inc. Reports Second Quarter Fiscal Year 2017 Results;

August 8, 2017 4:01 PM EDT

Second Quarter Net Sales of $597 Million and GAAP Diluted EPS (Loss) of $(7.11);

Adjusted EPS (Loss) of $(0.61) Excluding Non-Cash Intangible Asset Impairment Charges of $6.50;

 Provides Third Quarter and Updates Annual Fiscal 2017 GAAP Guidance

RICHARDSON, Texas, Aug. 08, 2017 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) (the Company) today reported its financial results for the fiscal quarter ended July 1, 2017.  In the second quarter of fiscal 2017, the stronger U.S. dollar negatively impacted net sales by $8.3 million.  Second quarter fiscal 2017 net... More