Fossil shares jumped as much as 14% in after-hours trading yesterday after the company reported solid fourth-quarter earnings that surpassed analyst expectations. The strong American dollar hurt international earnings as well, with Fossil noting the strong dollar took out $1.12 from EPS and $56 million from net sales. Fossil’s operating margin fell to 9.0% during the […]
The post Fossil Shares Jump After Q4 Beats Estimates appeared first on Accessories Magazine.