Us Fashion Accessories Manufacturers And Retailers Fossil Fourth Quarter Earnings Exceeded Expectations

< p > American fashion < a href= "http://www.91se91.com/news/index_c.asp" > Accessories > /a > manufacturing and retailer Fossil Group Inc. (NASDAQ:FOSL) fossils group released four quarter and full year earnings after February 11th, benefiting from strong growth in the four quarter, Fossil Group Group (H) shares rose nearly 3%, and on Tuesday, the group's share price rose 1.70% to 116.96 dollars.

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By the end of the four quarter of December 28, 2013, the Fossil Group Inc. (NASDAQ:FOSL) fossils group's revenue increased by 12.10% to 1 billion 62 million 400 thousand US dollars, compared to 947 million 700 thousand US dollars in the same period last year. Net profit fell 1.7% to 148 million 500 thousand US dollars, compared with 151 million 100 thousand US dollars in the same period last year; earnings per share rose 6.8% to 2.68 dollars, compared with 2.51 dollars in the same period last year; operating profit increased by 7.1% to 7.1% dollars over the same period last year, and the profit margin dropped to a base point of RMB last year; gross profit increased to US $12.10%; the gross profit margin rose to a base point of last year.

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< p > by sector, benefiting from the strong performance of Michael Kors Holdings Ltd. (NYSE:KORS), the revenue of the watch Department of the fourth quarter Fossil Group Inc. (NASDAQ:FOSL) fossils group increased by 14.3% to 833 million 800 thousand US dollars, compared with 729 million 300 thousand US dollars in the same period last year. The leather goods department's input in the four quarter dropped 3.9% to 127 million 100 thousand US dollars, compared with 132 million 200 thousand US dollars last year, and the jewelry sector revenue increased 28.9% to 82 million 100 thousand dollars, which was 6470 dollars in the same period last year.

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< p > > < a href= > http://www.91se91.com > Channel > /a >, wholesale channel revenue rose by 13.4% to 782 million 800 thousand US dollars in the fourth quarter and 690 million 400 thousand US dollars in the same period last year. Wholesale income in North America rose 12.8% to 400 million 100 thousand US dollars, compared with 354 million 700 thousand US dollars in the same period last year, and wholesale income in Europe rose 17.6% to 273 million 900 thousand dollars, compared to 232 million 900 thousand dollars in the same period last year. Wholesale income in the Asia Pacific region increased by 5.8% to 108 million 800 thousand dollars, compared with the US dollar in the same period last year.

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Kosta Kartsotis, chief executive officer of the P Fossil Group Inc. (NASDAQ:FOSL) group, is satisfied with the four quarter performance. The group's brand name Fossil watches have been growing in all regions throughout the year, while the emerging market performance has been strong, and the Chinese market sales have increased by more than 50% annually. Kosta Kartsotis said it will continue to work towards the lifestyle brand group.

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The net profit of the Fossil Group Inc. (NASDAQ:FOSL) fossil group increased by about 10% to 378 million 200 thousand US dollars in the 2013 fiscal year ending December 28, 2013, compared with 343 million 400 thousand US dollars in the same period last year, and earnings per share rose 17% to 6.56 US dollars, up from 5.59 us dollars in the same period last year.

Annual revenue grew 14% to 3 billion 260 million dollars, 2 billion 857 million 500 thousand US dollars in the same period last year, operating profit rose 15% to 561 million 600 thousand dollars, compared to 488 million 800 thousand US dollars in the same period last year.

Operating margins and gross margins were 17.2% and 57.1%, respectively, up 10 basis points and 90 basis points respectively over the same period last year.

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< p > Fossil Group Inc. (NASDAQ:FOSL) fossils expect revenue to rise by 2014 in fiscal year 8%-10%; operating margin is 16.5% -17.0%; earnings per share are 6.90 to 7.30 US dollars.

It is expected that the first quarter of fiscal year a href= < http://www.91se91.com/news/index_s.asp > Sales > /a > increased by 2.5% - 14%; the operating profit margin was 12.25% - 13%, and the earnings per share were 1.10 US dollars - 1.18 US dollars.

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