Better watch sales propelled Fossil Inc. to stronger-than-expected second-quarter gains — and the company sees an opening in the Asian market, where luxe brands are boosting their prices.
Net income attributable to Fossil rose 11.5 percent to $57.3 million, or 92 cents a diluted share, from $51.4 million, or 80 cents, a year earlier. Earnings per share came in 14 cents better than the 78 cents analysts projected, pushing the stock up 31.5 percent to $91.77, its biggest jump in more than 19 years as a public company.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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