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

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Movado Group, Inc. Announces Second Quarter Results

August 25, 2016 6:58 AM EDT

~ Updates Full Year Outlook ~

~ Board Declares Quarterly Dividend ~

PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced second quarter and six month results for the period ended July 31, 2016.

Efraim Grinberg, Chairman and Chief Executive Officer, stated, We managed our business well in the second quarter delivering top and bottom line results consistent with our outlook, despite a challenging retail and economic environment. During the quarter, our Movado and licensed brands continued to outperform the watch category at retail.... More