Fossil announces Q3 results, license agreement with adidas-saloman
12/11/2004
Fossil Inc., the American company that produces watches, accessories and small leather goods, has reported strong results for the third quarter of 2004. Net sales increased by 22.5% to reach $236.1 million for the quarter compared with $192.6 million for the same period in 2003. Gross profit grew an impressive 25.3% to $121.5 million compared with $97.0 million in Q3 of last year.