Message Font: Serif | Sans-Serif
No. of Recommendations: 0
A recent article in Barron's entitled Why Fossil Can Rock (available only to subscribers), has the author waxing optimistic about accessory designer Fossil, Inc. (NASDAQ:FOSL). In fact, the optimistic writer begins the story with a simple statement: "The timing seems excellent for Fossil stock."

The writer contends Fossil offers an appealing value to consumers, considering the stock is trading at just 16 times earnings. Additionally, a portion of Fossil products are branded under the Michael Kors Holdings Ltd. (NYSE:KORS) name, a luxury retailer projected to earn "$4.4 billion in yearly sales by its fiscal year ending March 2017, according to FactSet data." Summing it up, the author concludes, "With Fossil shares, investors have an opportunity to ride the Michael Kors momentum in coming quarters while reducing potential losses if the brand falls out of favor."...............................

Read more:

And the story continues with info on option buyers getting heavier on FOSL puts, etc.
At the torrid pace of store openings and SSS, $4.4B may be conservative.
Current run rate now is $2B+.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.