Fossil, Inc. (FOSL) Tops Q1 EPS by 5c; Guides Q2 EPS Below Consensus

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Go back to Fossil, Inc. (FOSL) Tops Q1 EPS by 5c; Guides Q2 EPS Below Consensus

Fossil Group, Inc. Reports First Quarter 2014 Results

May 13, 2014 4:01 PM EDT

First Quarter Net Sales Increase 14% to $777 million; Diluted EPS Increases to $1.22 Company Reiterates Full Year Guidance and Provides Second Quarter Guidance

RICHARDSON, Texas, May 13, 2014 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (Nasdaq: FOSL) (the "Company") today reported its financial results for the first quarter ended April 5, 2014. Results for the first quarter of fiscal 2014 included fourteen weeks compared to thirteen weeks for the first quarter of fiscal 2013.

First Quarter Highlights

Net sales grew in all business segments: Wholesale net sales increased 13%, with increases in all wholesale... More