Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2017 Results
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Movado Group (MOV) Tops Q4 EPS by 17c, Sales Miss; Guides Below the Street
March 20, 2017 6:48 AM EDTMovado Group (NYSE: MOV) reported Q4 EPS of $0.40, $0.17 better than the analyst estimate of $0.23. Revenue for the quarter came in at $130.8 million versus the consensus estimate of $137.11 million.
GUIDANCE:
Movado Group sees FY2018 EPS of $1.40-$1.55, versus the consensus of $1.74. Movado Group sees FY2018 revenue of $515-530 million, versus the consensus of $581.5 million.
Efraim Grinberg, Chairman and Chief Executive Officer, stated, In a challenging holiday selling season, we were... More
