Fossil 3rd-qtr net income declines but sales improve at company-owned stores; guidance raised
Fossil 3Q profit falls, but co. raises guidance Texas golfer slips, falls over embankment, dies while trying to retrieve stray ballRICHARDSON, Texas — A Texas golfer has died after he fell over an embankment while trying to retrieve his golf ball. Fossil raises full-year profit guidance again, says recession will weigh on quarterly resultsRICHARDSON, Texas — Fossil Inc, which makes watches and other fashion accessories, raised its full-year earnings outlook for the second time in three months after reporting second-quarter results that beat analysts’ estimates. Fossil anticipates recession will weigh on its 3rd-quarter, 4th-quarter profit resultsRICHARDSON, Texas — Fossil Inc, which makes watches, shoes and other fashion accessories, said Tuesday that it expects the recession to weigh on both its third-quarter and fourth-quarter earnings results. Fossil 2nd-quarter profit drops partly on recession, but results beat analysts’ estimatesRICHARDSON, Texas — Watchmaker Fossil Inc. said Tuesday that its second-quarter profit dropped 34 percent due to the ongoing economic downturn and stronger dollar, but the results managed to beat Wall Street’s expectations. |