By  on February 11, 2014

The Fossil Group Inc. swept past consensus estimates for fourth-quarter results while adopting a conservative stance toward the first quarter.

In the three months ended Dec. 28, the Richardson, Tex.-based watch and accessories firm saw net income decline 1.7 percent to $148.5 million, or $2.68 a diluted share, from $151.1 million, or $2.51, in the year-ago quarter.

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