Insight Report 3 minutes PremiumFossil Group (FOSL) 4Q15 Results: Earnings Exceed Expectations, Driven by New Brands and Investments in Digital Operations Coresight Research February 16, 2016 Executive Summary Fossil Group reported 4Q15 revenue of $992.5 million, which was down 6.8% year over year, but above the consensus estimate of $927.6 million. Excluding currency effects, revenue decreased by 2%. The addition of the Kate Spade New York and Chaps brands, investments in its namesake brand, and double-digit e-commerce growth boosted revenue results. Fossil reported diluted EPS of $1.46, which beat the consensus estimate of $1.31 but was below the $3.00 recorded for the year-ago quarter. Excluding onetime items and currency effects, adjusted EPS was $2.52. The company expects full-year 2016 EPS of $2.80–$3.60, in line with the consensus estimate of $3.12. For the current quarter, the company expects sales to decline by 7%–10%, with EPS of $0.05–$0.20. Consensus estimates call for a 9% decline in sales and EPS of $0.42. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Three Data Points We’re Watching This Week: Tech FocusInnovator Profile: Sociate.ai Enhances the Online Customer Experience Through Generative AIWeekly US and UK Store Openings and Closures Tracker 2023, Week 26: Walgreens Boots Alliance Drives Closures on Both Sides of the AtlanticMay 2024 US Retail Sales Outlook: Retail Sales Growth To Slow Slightly Before Improving