FOSSIL (FOSL)
EARNINGS RELEASE - AUGUST 12 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -1.71/share REV: 182.1/M
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LAST QTR: EPS: -1.51/share ACTUAL: -1.46/share (BEAT)
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NEXT QTR: EPS: -.43/share REV: 339.4/M
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FULL YR: EPS: -3.13/share REV: 1,420/M
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BEAT/MISS RECORD: XX% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 20.47, -23.35, -23.55
EXPECTED JUMP MOVE THIS QUARTER: 15+%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before tradin
Links To Latest News and Headlines
In this article we are going to list 15 biggest watch companies in the world. Please continue to see the 5 biggest watch companies in the world. Details have always been an indicator of great style. Visual identity is very important to people, especially in the 21st century, so that the first impression they leave on […]
Fossil Group’s recent run-up from the mid $3 range in August to $13 last week had a hiccup on Monday that sent the shares down 27%. The stock’s recent rise has been fast and furious, fueled by very solid third-quarter results, when the company announced its biggest bottom line since the fourth quarter of 2018.
RICHARDSON, Texas, Dec. 15, 2020 (GLOBE NEWSWIRE) — Fossil Group, Inc. (NASDAQ: FOSL) today issued the following statement regarding its continued partnership with the Armani Group. The two companies established a partnership in 1997, and under the current license agreements, Fossil Group designs and distributes products under the Emporio Armani, Armani Exchange, and Emporio Armani Swiss brands. “We are proud of our long-standing relationship with the Armani Group and our ability to drive innovation and strong growth for Emporio Armani, Emporio Armani Swiss, and Armani Exchange. We want to congratulate Giorgio Armani on the announcement of their collaboration with Parmigiani Fleurier under the Giorgio Armani brand,” said Fossil Group CEO Kosta Kartsotis. “The Giorgio Armani brand entering the exclusive luxury watch market will help to build brand equity, excitement, and energy for the entire watch industry.”“Armani Group has had a strong partnership with Fossil Group for more than twenty years,” said Giuseppe Marsocci, Deputy Managing Director of Armani. “Their ability to design products that reflect the spirit and style of Armani gives us great confidence in the future growth of our relationship.”About Fossil Group, Inc. We are a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include fashion watches, jewelry, handbags, small leather goods and wearables. We are committed to delivering the best in design and innovation across our owned brands, Fossil, Michele, Misfit, Relic, Skagen and Zodiac, and licensed brands, Armani Exchange, BMW, Diesel, DKNY, Emporio Armani, kate spade new york, Michael Kors, PUMA and Tory Burch. We bring each brand story to life through an extensive distribution network across numerous geographies, categories and channels. Certain press release and SEC filing information concerning us is also available at www.fossilgroup.com.Contacts: Investor Relations: Christine Greany The Blueshirt Group christine@blueshirtgroup.com Global Corporate Communications: James Webb Fossil Group jwebb1@fossil.com
The stock market got off to a strong start on Monday, but by the end of the day, major market benchmarks were mixed. As we’ve seen a lot recently, the Nasdaq Composite (NASDAQINDEX: ^IXIC) managed to hold onto some of its gains, with its concentration of technology and biotech stocks playing to its strengths. AMC Entertainment Holdings (NYSE: AMC) has struggled for much of the year, and it got news Monday that suggested it might not be able to survive.
Shares of Fossil Group (NASDAQ: FOSL) briefly hit 52-week highs on Monday morning of $13.61 per share, according to Yahoo Finance. This could be the cause of Fossil stock’s huge drop. Giorgio Armani owns a luxury brand company named after himself.
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Avg Daily Volume: 1,958,521 Market Cap: 196.43M
Sector: Consumer Goods Short Interest: 38.47
Ticker delayed 20 minutes
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