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$FOSL, which competes with $GES, LVMH and The Swatch Group AG, said in 1Q16 gross profit decreased to $348MM and GM declined 250 BPs to 52.8%, roughly 160 BPs of which was related to the stronger US dollar. GM rate was lower than expected coming into 1Q16 given increased markdowns and promotional activities in the company's outlet stores.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.