Morning Market Losers

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Fossil Group, Inc.FOSL
shares dropped 15.33% to $84.09 after the company reported weaker-than-expected earnings for the fourth quarter.
Varonis Systems, Inc. VRNS
shares fell 13.43% to $32.42 after the company reported Q4 earnings of $0.06 per share on sales of $33.7 million and issued a downbeat outlook for the first quarter and FY 2015.
MedAssets, Inc.MDAS
shares tumbled 11.70% to $17.51 after the company reported Q4 adjusted earnings of $0.39 per share on revenue of $198.2 million and issued a weak FY earnings outlook.
The Dixie Group, Inc. DXYN
shares dropped 10.44% to $8.41 after the company reported Q4 loss of $0.35 per share on revenue of $104.6 million.
Garmin Ltd.GRMN
shares slipped 7.97% to $52.28 after the company reported weaker-than-expected earnings for the fourth quarter and issued a downbeat 2015 forecast.
Dorman Products, Inc. DORM
fell 7.43% to $43.97 after the company reported sales and earnings for the fourth quarter and year ended December 27, 2014.
Perry Ellis International Inc.
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PERY
shares declined 6.77% to $22.31 after the company issued a weak guidance for the fourth quarter.
La-Z-Boy IncorporatedLZB
fell 2.69% to $26.81 on weaker-than-expected Q3 results.
Transocean Ltd.RIG
shares declined 2.51% to $17.84. BMO Capital initiated coverage on Transocean with a Underperform rating and a $16.00 price target.
Hilton Worldwide Holdings Inc.HLT
shares fell 1.36% to $28.26 after the company reported weaker-than-expected earnings for the fourth quarter.
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