Fossil Inc. (FOSL) reported third quarter EPS of $0.52 Tuesday morning, down from the $0.54 posted last year. The consensus estimate was for EPS of $0.42. The company also increased its fourth quarter EPS forecast to between $0.82 and $0.86, from prior expectations of $0.74 to $0.80. Fossil also raised its full year EPS guidance to between $1.85 and $1.89, from previous expectations of $1.63 to $1.73.
Fossil Inc. gapped open higher Tuesday and has continued to rise on above average volume. Shares are now up 2.76 at $31.67. The stock climbed above a 2-month range and has set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.