Patterns Emerge Around Earnings
After last quarter's performance, Fossil (FOSL) has my attention into earnings. This is another luxury brand name that relies on its international sales to fuel growth. Last quarter didn't work out so well for Fossil in that regard, and given the results we've seen from other international luxury retailers, there are obvious concerns going into Fossil's current report.
Options are pricing in a huge move on this one, around 18%. After the reaction the market witnessed last quarter, I believe we may be building a little too much premium into this report....353 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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