Movado Group (MOV) Tops Q1 EPS by 3c; Trims FY17 Outlook

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Go back to Movado Group (MOV) Tops Q1 EPS by 3c; Trims FY17 Outlook

Movado Group, Inc. Announces First Quarter Results

May 26, 2016 6:58 AM EDT

~ First Quarter Revenue of $114.1 Million, Reported EPS of $0.14 and Adjusted EPS of $0.19 ~

~ Updates Full Year Outlook to Sales of $565 Million to $580 Million and Operating Income of $55 Million to $60 Million ~

~ Board Declares Quarterly Dividend ~

PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced first quarter results for the period ended April 30, 2016.

Efraim Grinberg, Chairman and Chief Executive Officer, stated, While we delivered results which were in line with our first quarter expectations, given the... More