86 100
Fashion Jobs
RALPH LAUREN
Associate Manager
Permanent · HERSHEY
A & F
Abercrombie & Fitch - Assistant Manager, International Market Place
Permanent · HONOLULU
A & F
Hollister CO. - Brand Representative, Galleria at Tyler
Permanent · RIVERSIDE
FOOT LOCKER
Director of Safety (Supply Chain)
Permanent · CAMP HILL
LEE
PT Keyholder, Estero, FL
Permanent · ESTERO
URBN
Free People: Merchandise Planning Manager
Permanent · PHILADELPHIA
URBN
Free People: Senior Merchandise Planner
Permanent · PHILADELPHIA
KOHLS
Operations Supervisor - Weekend Overnights
Permanent · EDGEWOOD
KOHLS
Full-Time Loss Prevention Officer
Permanent · SOUTH BURLINGTON
ADIDAS
Key Account Manager: Athletic Footwear
Permanent · PITTSBURGH
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · GOSHEN
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · NAPLES
KOHLS
Shift Leader/Operations Manager - Weekend Night Shift
Permanent · PATASKALA
AMERICAN EAGLE OUTFITTERS
Aerie - Merchandise Leader (Part-Time) - us
Permanent · POOLER
AMERICAN EAGLE OUTFITTERS
ae - Merchandise Leader (Part-Time) - us
Permanent · MURFREESBORO
AMERICAN EAGLE OUTFITTERS
Aerie - Merchandise Leader - us
Permanent · KAPOLEI
NAVY EXCHANGE
Buyer (Level i) - Beauty Care
Permanent · VIRGINIA BEACH
NAVY EXCHANGE
Buyer (Level i) - Pet
Permanent · VIRGINIA BEACH
GAP INC.
Asset Protection Service Representative - Harlem Usa
Permanent · NEW YORK
GAP INC.
Asset Protection Coordinator - Mount Vernon Plaza
Permanent · ALEXANDRIA
BANANA REPUBLIC
Associate Art Director, Photo Studio
Permanent · SAN FRANCISCO
ECCO
Third Keyholder
Permanent · SAN FRANCISCO
By
Reuters
Published
Jan 7, 2010
Download
Download the article
Print
Text size

Fossil sees strong fourth quarter on better-than-expected sales

By
Reuters
Published
Jan 7, 2010

Jan 7 (Reuters) - Watchmaker Fossil Inc (FOSL.O) said it expects its quarterly sales and earnings to exceed its prior outlook, helped by stronger wholesale shipments in the U.S. and higher sales in the worldwide direct-to-consumer segment.


www.fossil.com

Fossil, which also sells jewelry, leather goods, sunglasses and apparel, now sees sales of $520 million to $525 million for the fourth quarter ended Jan. 2, up from its prior view of $497 million to $506 million.

It also expects to exceed the top end of its profit view of 82 cents a share to 86 cents a share, helped by the better-than-expected sales results.

Analysts on average were expecting earnings of 85 cents a share, before items, on revenue of $503.1 million, according to Thomson Reuters I/B/E/S.

"Our Fossil brand outperformed our expectations during the holiday season driven by continued innovative product offerings, resulting in a particularly strong performance from the core watch category," Chief Financial Officer Mike Kovar said in a statement.

"Stronger than expected sell-thru across many of our U.S. wholesale accounts also favorably impacted our net sales as retailers continued to flow receipts to meet demand," he said.

Shares of the Richardson, Texas-based company closed at $34.19 Wednesday 6 January on Nasdaq. (Reporting by Renju Jose; Editing by Unnikrishnan Nair)

© Thomson Reuters 2024 All rights reserved.