Movado Group (MOV) Tops Q3 EPS by 6c, Lifts FY Guidance

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Go back to Movado Group (MOV) Tops Q3 EPS by 6c, Lifts FY Guidance

Movado Group, Inc. Announces Third Quarter Results

November 21, 2017 6:45 AM EST

~ Third Quarter Revenue of $190.7 Million ~

~ EPS of $0.75 and Adjusted EPS of $1.04 ~

~ Raises Fiscal 2018 Outlook ~

~ Board Declares Quarterly Dividend ~

PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced third quarter results for the period ended October 31, 2017.

Net sales increased 6.0% to $190.7 million, or 5.4% on a constant dollar basis Operating income of $25.2 million; Adjusted operating income of $33.6 million versus operating income of $31.1 million in the prior year period... More