Movado Group (MOV) Reports In-Line Q2 EPS, Revenues Beat; Offers FY19 EPS/Revenue Outlook Above Consensus
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Movado Group, Inc. Announces Second Quarter Results
August 29, 2018 6:45 AM EDT~ Second Quarter Revenue of $144.1 million ~
~ Operating Income of $12.9 million Compared to $8.3 million in Prior Year; Adjusted Operating Income of $14.6 million Compared to $12.9 million in Prior Year ~
~ Raises Outlook to Reflect First Half Results and the Expected Acquisition of MVMT ~
PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced second quarter and six-month results for the period ended July 31, 2018.
Net sales increased 11.9% to $144.1 million, or 10.5% on a constant dollar basis Operating income of... More