Top 10 Consumer Stocks To Invest In Right Now

Top 10 Consumer Stocks To Invest In Right Now: Fossil Inc.(FOSL)

Fossil, Inc. designs, develops, markets, and distributes fashion accessories worldwide. It offers a line of fashion watches under its proprietary brands, such as FOSSIL, MICHELE, RELIC, and ZODIAC; and through licensed brands, including ADIDAS, BURBERRY, DIESEL, DKNY, EMPORIO ARMANI, MARC BY MARC JACOBS, and MICHAEL KORS. The company designs, markets, and arranges for the manufacture of watches and accessories on behalf of certain mass market retailers, companies, and organizations as private label products or as premium and incentive items for use in various corporate events. It also provides various fashion accessories for men and women, including handbags, belts, small leather goods, jewelry, and sunglasses through company owned retail stores, department stores, and specialty retail stores, as well as over the Internet and through catalogs. In addition, the company sells a line of soft accessories, such as hats, gloves, and scarves, as well as a handbag collection. Furt her, it offers apparel comprising jeans, outerwear, fashion tops and bottoms, and tee shirts for men and women through company-owned stores, as well as over the Internet and through catalogs. Additionally, the company provides footwear products, including sport court sneakers, authentic casuals, dress classics, and boots for men, as well as fashionable flats, heels, wedges, and boots for women. Fossil, Inc., through a license agreement with the Safilo Group, manufactures, markets, and sells optical frames under the FOSSIL and RELIC brand names in the United States and Canada. As of August 9, 2011, it had approximately 360 company-owned and operated retail stores. The company was founded in 1984 and is headquartered in Richardson, Texas.

Advisors' Opinion:

• [By Ben Levisohn]

  Shares of Michael Kors Holdings (KORS) have gained 6.4% to $79.54 today, after reporting better than forecast earnings. That could be good news forFossi! l(FOSL), butCoach(COH) could be in trouble.

• [By Sue Chang]

  Fossil Group Inc. (FOSL) late Tuesday reported first-quarter earnings of $1.22 a share, beating analysts estimate of $1.18. However, Fossil shares dropped more than 5% in extended trading after the watch maker projected per-share earnings of 90 cents to 97 cents in the second quarter versus $1.16 a share forecast by analysts.

• [By Wallace Witkowski]

  Shares of Fossil (FOSL) fell 5.3% to $105.50 on moderate volume after the company forecast second-quarter earnings of 90 cents to 97 cents a share, while analysts surveyed by FactSet expect $1.16 a share.

• [By Ben Levisohn]

  Fossil (FOSL) makes watches, handbags. This evening, however, it’s making losses after offering disappointing full-year guidance.

  Fossil reported a profit of $1.22 cents a share, beating analyst forecasts for $1.18 cents a shares. Its sales rose 14% to $777 million, beating forecasts for $772 million. Unfortunately, that was it for the good news. Fossil went on to say that it would earn between $6.90 and $7.30 a share during 2014, skewing below the Street consensus for $7.21, while sales would increases 8% to 10%, which would be at or below forecasts.

  Shares of Fossil have dropped 4% to $107 at 4:21 p.m. in after-hours trading.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-consumer-stocks-to-invest-in-right-now.html