Movado Group, Inc. Announces Second Quarter Results

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Cowen Reiterates Market Perform on Movado Group (MOV)

August 26, 2016 11:02 AM EDT

Cowen reiterated a Market Perform rating and $24.00 price target on Movado Group Inc. (NYSE: MOV) following the company's 2Q earnings report.

Analyst Oliver Chen commented, "MOV 2Q -4c EPS Miss vs. Street driven by softer sales, partly offset by better... More

Movado Group (MOV) Misses Q2 EPS by 4c; Guides Below the Street

August 25, 2016 6:59 AM EDT

Movado Group (NYSE: MOV) reported Q2 EPS of $0.27, $0.04 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $128.1 million versus the consensus estimate of $137.02 million.

GUIDANCE:

Movado Group sees FY2017 EPS of $1.40-$1.55, versus the consensus of $1.60. Movado Group sees FY2017 revenue of $550-560... More