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Fossil Group, Inc. engages in the design, marketing, and distribution of consumer fashion accessories. It operates through the following geographical segments: Americas, Europe, and Asia. Read More Its products include men's and women's fashion watches, jewelry, handbags, small leather goods, belts, sunglasses, shoes, soft accessories and clothing which are sold through department stores, specialty retail locations, specialty watch and jewelry stores, owned retail and factory outlet stores, mass market stores, owned, and affiliate internet sites. The company was founded by Tom Kartsotis in 1984 and is headquartered in Richardson, TX.
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Yahoo FinanceMay 10
Why Fossil Group Stock Jumped Thursday
What happened Shares of Fossil Group (NASDAQ: FOSL) rose 13% Thursday after the watchmaker showed off progress toward its turnaround in its first-quarter earnings report. So what Scroll to continue with content Ad Revenue in the period fell 18% (15% in constant currency) to $465.3 million, as timepieces have become less necessary in the smartphone era. Nonetheless, that result topped estimates of $456.1 million. The company said comparable retail sales fell 9% in the quarter, but e-commerce sales contin...
Yahoo FinanceMay 9
Fossil, Tapestry rise while Stamps, Etsy fall
NEW YORK (AP) -- Stocks that moved substantially or traded heavily on Thursday: Stamps.com Inc., down $46.49 to $36.90 The online postage provider slashed its full-year profit forecast because of contract changes between its partners and the U.S. Postal Service. Fossil Group Inc., up $1.69 to $14.51 The watchmaker reported solid sales in China and India and its first quarter loss was narrower than Wall Street expected. Green Dot Corp., down $16.71 to $46.56 The bank holding company expects revenue to ...
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