Movado Group (MOV) Tops Q4 EPS by 26c, FY Revenue Guidance Tops Views
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Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2018 Results
March 29, 2018 6:45 AM EDT~ Fourth Quarter Revenue Increased 14.1% ~
~ Fourth Quarter Operating Income of $13.3 million; Adjusted Operating Income Grew 93.5% to $14.4 million ~
~ Introduces Fiscal 2019 Outlook ~
~ Board Approves Increase in Quarterly Dividend to $0.20 Per Share ~
PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced fourth quarter and fiscal year 2018 results for the periods ended January 31, 2018.
Fourth quarter net sales increased 14.1% to $149.2 million, or 10.2% on a constant dollar basis Fourth quarter operating income of $13.3 million; Adjusted... More