Reuters: Hot Stocks: Fossil profit jumps as demand picks up in Asia, Europe

Reuters: Hot Stocks Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Fossil profit jumps as demand picks up in Asia, Europe Aug 6th 2013, 11:13 Tue Aug 6, 2013 7:13am EDT Aug 6 (Reuters) - Fashion accessory maker and retailer Fossil Group Inc reported an 18 percent rise in quarterly profit as it sold more to wholesale customers in Europe and Asia. Second-quarter earnings rose to $67.7 million, or $1.15 per share, from $57.3 million, or 92 cents per share, a year earlier. The company, which also sells Michael Kors, Armani Exchange and Marc by Marc Jacobs brands, said revenue rose 11.4 percent to $706.2 million. (Reporting by Aditi Shrivastava in Bangalore; Editing by Sreejiraj Eluvangal)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions