Movado Group (MOV) Tops Q4 EPS by 20c

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Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2015 Results

March 31, 2015 7:00 AM EDT

~ Fourth Quarter Diluted EPS of $0.40 and Full Year Diluted EPS of $2.02 ~

~ Company Introduces Fiscal 2016 Guidance Expecting Net Sales of $590 million to $600 million and EPS of $2.00 to $2.10 ~

~ Board Approves 10% Increase in the Companys Regular Quarterly Dividend ~

PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced fourth quarter and fiscal year 2015 results for the periods ended January 31, 2015.

Efraim Grinberg, Chairman and Chief Executive Officer, stated, Our brands and businesses performed above our revised expectations and led to fourth quarter... More