Fossil ($FOSL): Q2 EPS of -$0.61 misses by $0.15.
Revenue of $596.8M (-12.9% Y/Y) misses by $21.1M.
Shares -20% AH
I like to watch this company (pun intended)
Its a watch company, and the reason I like to keep my eye on it is simply because of China gift (bribe giving) One the easier big ticket items to get away with giving are watches. China’s anti-corruption campaign under Xi Jinping over the past 6 years is still going strong.
