Shares of Fossil Inc. fell 12.5 percent Tuesday to close at $82.25 because the firm’s fiscal year 2011 forecast was below analysts’ estimates.
For fiscal year 2011, diluted earnings...
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August 9, 2011
Fossil Shares Fall on Full-Year EPS Forecast
The company said that it saw a 32 percent rise in labor rates in China-based factories during the second quarter.
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