Fossil, Inc. (FOSL) Tops Q2 EPS by 2c, FY Q3 EPS Guidance Falls Short of Views

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Fossil Group, Inc. and Giorgio Armani S.p.A. Extend Partnership With Ten Year Global Licensing Agreement for Timepieces

August 12, 2014 4:02 PM EDT

RICHARDSON, Texas, Aug. 12, 2014 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (Nasdaq: FOSL) (the "Company") announced today that it has extended a global watch licensing agreement with Giorgio Armani S.p.A through 2023.

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Fossil Group, Inc. Reports Second Quarter 2014 Results

August 12, 2014 4:01 PM EDT

Second Quarter Net Sales Increase 10% to $774 million; Diluted EPS of $0.98

Company Updates Full Year Guidance and Provides Third Quarter Guidance

RICHARDSON, Texas, Aug. 12, 2014 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (Nasdaq: FOSL) (the "Company") today reported its financial results for the second quarter ended July 5, 2014.

Second Quarter Highlights

Net sales grew in all business segments: Wholesale net sales increased 9%, with increases in all wholesale segments Direct to consumer net sales increased 12% Global retail comps were flat compared to... More