UPDATE: Fossil Posts 24% Rise In Q1 Profit, Lifts Full-Year Forecast
May 07, 2013 at 08:23 AM EDT
Fossil (NASDAQ: FOSL ) reported a 24% rise in its first-quarter earnings and lifted its full-year earnings forecast. Fossil now expects full-year earnings of $6 to $6.26 per share, versus its February view of $5.85 to $6.15 per share. Fossil also projects current-quarter earnings of $0.89 to $0.94 per share