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Movado Group (MOV) Tops Q3 EPS by 19c

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Movado Group, Inc. Announces Third Quarter Results

November 22, 2016 6:47 AM EST

~ Third Quarter Revenue of $179.8 Million ~

~ EPS of $0.87 and Adjusted EPS of $0.91 ~

~ Board Declares Quarterly Dividend ~

PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced third quarter results for the period ended October 31, 2016.

Efraim Grinberg, Chairman and Chief Executive Officer, stated, We are pleased to report third quarter financial results at the high end of our internal expectations driven by the disciplined execution of our strategy. In a challenging retail environment which pressured sales growth, we... More