The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Fossil's revenues will increase 11.9% and EPS will grow 21.4%.
The average estimate for revenue is $930.0 million. On the bottom line, the average EPS estimate is $2.27.
Last quarter, Fossil tallied revenue of $684.2 million. GAAP reported sales were 6.4% higher than the prior-year quarter's $642.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.28. GAAP EPS of $1.26 for Q3 were 16% higher than the prior-year quarter's $1.09 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 55.8%, 10 basis points worse than the prior-year quarter. Operating margin was 16.7%, 180 basis points worse than the prior-year quarter. Net margin was 11.2%, 40 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.84 billion. The average EPS estimate is $5.39.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 515 members out of 579 rating the stock outperform, and 64 members rating it underperform. Among 197 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 190 give Fossil a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fossil is outperform, with an average price target of $101.73.
Selling to fickle consumers is a tough business for Fossil or anyone else in the space. But some companies are better equipped to face the future than others. In a new report, we'll give you the rundown on three companies that are setting themselves up to dominate retail. Click here for instant access to this free report.
- Add Fossil to My Watchlist.