Fossil, Inc. (FOSL): Are You Ready To Own This Shining Company?

Shimmering Future

Fossil looks increasingly attractive with a golden future ahead. It has been expanding its footprint worldwide. Its plans of further expanding in Asia and Europe look quite lucrative. This is mainly because of the growth numbers seen this quarter.

Additionally, it has been expanding its product portfolio also. It now not only sells watches, but also various other branded products which might help the company grow further. In fact, not only its own growth but also Michael Kors’ growth will add to the success of the company.

Lastly, Fossil’s various acquisition and partnership agreements look quite interesting. After the success of Skagen, the retailer acquired distribution rights of Bentrani Watches LLC will help it in expanding its footprint in Latin America. Also, its recent partnerships with brands such as Karl Lagerfeld and Tory Burch make the future brighter.

The Bottom Line

This looks like a perfect company to me. Fossil’s continuous stellar performances, great cost management and various competitive strategies make it a phenomenal industry player. Moreover, the retailer has been growing well and has plans well made for the same. Investors should definitely consider Fossil as a lucrative investment, especially because of a solid guidance issued by the company.

The article Are You Ready To Own This Shining Company? originally appeared on Fool.com and is written by Himanshu Poddar.

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