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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: July 2023 China Retail Sales: Retail Sales Slowdown ContinuesWeinswig’s Weekly: Helping the Retail Ecosystem Understand Generative AI and Its OpportunitiesInnovator Profile: PSYKHE AI Optimizes the Online Product Discovery Process with AIDay Two at NRF 2023: Retail’s Big Show—Retailers Tap Tech To Streamline the Consumer Journey