Fossil jumped 26% in after-hours trading Tuesday after Q3 EPS of $0.19 crushed the $0.03 consensus (+533% surprise) and revenue of $271.2M beat estimates by 9.7%. Net sales grew for the first time in more than four years, gross margin expanded to ~59.9%, and the company swung to an $11.7M net profit. Management raised full-year guidance to $980M-$990M in net sales and 5.5%-6.5% adjusted operating margin.
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