Fossil (FOSL) reported earnings on Wed 6 Nov 19 (a/h)

** charts before earnings **

 

** charts after earnings **

Fossil reports Q3 (Sep) results, misses on revs

Reports Q3 (Sep) loss of $0.51 per share, may not be comparable to the two analyst estimate of $0.04; revenues fell 11.4% year/year to $539.5 mln vs the $553.46 mln S&P Capital IQ Consensus.

For Q4, sees net sales down 5-10% and gross margins in the 49-51% range. Projects income before taxes of $45-60 mln.