Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Fossil Drops After Quarterly Sales Trail Estimates: Dallas Mover

Fossil Inc., the maker of the namesake watch brand, fell the most in almost six months after reporting sales that trailed analysts’ estimates.

Fossil slumped 10 percent to $84.24 at the close in New York, the biggest decline since May 8. The shares have advanced 6.1 percent this year.

Third-quarter sales rose 6.4 percent to $684.2 million, the Richardson, Texas-based company said today in a statement. Analysts projected $713.5 million, the average of estimates compiled by Bloomberg. Fossil also lowered its fourth-quarter sales forecast by about 4 percentage points, to a 12 percent increase, because of slowing European growth. Analysts anticipated a 16 percent gain.

Net income in the third quarter rose 10 percent to $76.8 million, or $1.26 a share, from $69.6 million, or $1.09, a year earlier, Fossil said today.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.