Movado Group (MOV) Misses Q1 EPS by 9c, Maintains FY Guidance
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Movado Group, Inc. Announces First Quarter Results
May 25, 2017 6:45 AM EDT~ First Quarter Revenue of $99.3 Million ~
~ Reiterates Fiscal 2018 Outlook ~
~ 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, 2017.
Efraim Grinberg, Chairman and Chief Executive Officer, stated, For the first quarter, we reported sales and operating earnings consistent with our expectations reflecting a very challenging store traffic environment in the United States which has retailers focused on reducing their inventory. We recognized this trend early in our... More
