Movado Group (MOV) Tops Q2 EPS by 20c

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Movado Group, Inc. Announces Second Quarter Results

August 29, 2017 6:45 AM EDT

~ Second Quarter Revenue of $128.8 million ~

~ Second Quarter Diluted EPS of $0.24 and Adjusted Diluted EPS of $0.43 ~

~ Updates Outlook to Reflect the Acquisition of the Olivia Burton Brand ~

~ Board Approves 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, 2017.

Net sales increased 0.5% to $128.8 million, or 1.2% on a constant dollar basis Operating income of $8.3 million; Adjusted operating income of $12.9... More