Movado Group, Inc. Announces Second Quarter Results
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Movado Group (MOV) Reports In-Line Q2 EPS, Revenues Beat; Offers FY19 EPS/Revenue Outlook Above Consensus
August 29, 2018 6:48 AM EDTMovado Group (NYSE: MOV) reported Q2 EPS of $0.45, in-line with the analyst estimate of $0.45. Revenue for the quarter came in at $144.1 million versus the consensus estimate of $137.5 million.
Net sales increased 11.9% to $144.1 million, or 10.5% on a constant dollar basisOperating income of $12.9 million versus $8.3 million in the prior year period; Adjusted operating income of $14.6 million versus $12.9 million in the prior yearDiluted... More