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 (FOSL) PT, Estimates Cut at Jefferies

May 14, 2014 8:48 AM EDT

Jefferies analyst Randal Konik lowered estimates and its price target on Buy Fossil (NASDAQ: FOSL) to $140.00 (from $150.00) following Q1 results and weak Q2 guidance.

Konik commented, "FOSL beat on 1Q results, fueled by ongoing strength in the global watch market and jewelry... More