UPDATE: Fossil Posts Rise In Q2 Profit

Fossil (NASDAQ: FOSL) posted a rise in its second-quarter profit.

Fossil's quarterly earnings surged to $57.3 million, or $0.92 per share, versus $51.4 million, or $0.80 per share, in the year-ago period.

Its revenue surged 14.3% to $636.1 million. However, analysts were expecting earnings of $0.78 per share on revenue of $634.9 million.

Fossil shares jumped 13.21% to $79.01 in pre-market trading.

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