Replies to post #508378 on $Stock*Shop*Charts*News*Option$

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98.96 FOSL< Fossil, Inc. Reports Record First Quarter 2013 Results

Net Sales Increase 15% to a Record $681 Million
EPS Increases 30% to a Record $1.21, Including Gain on Spanish Joint Venture
Provides Second Quarter Guidance and Updates Full Year Guidance

RICHARDSON, Texas, May 7, 2013 (GLOBE NEWSWIRE) -- Fossil, Inc. (Nasdaq:FOSL) (the "Company") today reported its financial results for the first quarter ended March 30, 2013.

First Quarter Operating Highlights

Net sales grew in all segments, compared to the prior fiscal year first quarter:

North America wholesale sales increased 13%
Europe wholesale sales increased 14%
Asia wholesale sales increased 13%
Direct to consumer sales increased 22% with global retail comps increasing 4.3%, the 20th consecutive quarter of positive comps

Operating income increased 14%
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