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Fossil Group: Q1 Earnings Snapshot

·1 min read

RICHARDSON, Texas (AP) _ Fossil Group Inc. (FOSL) on Wednesday reported a loss of $24.4 million in its first quarter.

On a per-share basis, the Richardson, Texas-based company said it had a loss of 47 cents. Losses, adjusted for non-recurring gains, came to 53 cents per share.

The watch and accessories maker posted revenue of $363 million in the period.

Fossil Group shares have climbed 48% since the beginning of the year, while the S&P's 500 index has increased 12%. The stock has more than doubled in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FOSL at https://www.zacks.com/ap/FOSL

The Associated Press

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