Movado Group, Inc. Announces Second Quarter Results

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Cowen Raises Price target on Movado Group (MOV) Following 2Q

August 27, 2015 4:03 PM EDT

Cowen reiterated a Market Perform rating on Movado Group Inc. (NYSE: MOV), and raised the price target to $29.00 (from $28.00), as the company gains shares in 2Q16. Analyst Oliver Chen was encouraged to hear that MOV gained share in the $300 to $3,000 price category. During 2Q, the Movado brand market... More

Movado Group (MOV) Declares $0.11 Quarterly Dividend; 2% Yield

August 27, 2015 7:09 AM EDT

Movado Group (NYSE: MOV) declared a quarterly dividend of $0.11 per share, or $0.44 annualized.

The dividend will be payable on September 22, 2015, to stockholders of record on September 8, 2015, with an ex-dividend date of September 3, 2015.

The annual yield on the dividend is 2 percent.

For... More

Movado Group (MOV) Tops Q2 EPS by 8c

August 27, 2015 7:09 AM EDT

Movado Group (NYSE: MOV) reported Q2 EPS of $0.50, $0.08 better than the analyst estimate of $0.42. Revenue for the quarter came in at $145.5 million versus the consensus estimate of $142.25 million.

Movado Group sees FY2015 EPS of $2.00-$2.10, versus the consensus of $2.05. Movado Group sees FY2015... More