Movado Group (MOV) Tops Q1 EPS by 26c, Revenue Beats

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Go back to Movado Group (MOV) Tops Q1 EPS by 26c, Revenue Beats

Movado Group, Inc. Announces First Quarter Results

May 30, 2018 6:45 AM EDT

~ First Quarter Revenue Increased 28.1% to $127.1 million ~

~ First Quarter Operating Income of $8.1 million; Adjusted Operating Income of $8.9 million ~

~ Raises Fiscal 2019 Outlook ~

~ Board Declares Quarterly Dividend of $0.20 per share ~

PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced first quarter results for the period ended April 30, 2018.

First quarter net sales increased 28.1% to $127.1 million, or 22.2% on a constant dollar basis Net sales includes $2.2 million from the adoption of new revenue... More