Movado Group (MOV) Tops Q4 EPS by 12c
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Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2019 Results
March 28, 2019 6:45 AM EDT~ Fourth Quarter Revenue Increased 33.6% ~
~ Fourth Quarter Operating Income Grew to $17.1 million; Adjusted Operating Income Grew 38.5% to $19.9 million ~
~ Introduces Fiscal 2020 Outlook ~
~ Board Declares Quarterly Dividend ~
PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced fourth quarter and fiscal year 2019 results for the periods ended January 31, 2019.
Fourth quarter net sales increased 33.6% to $199.4 million, or 35.4% on a constant dollar basis, and 10.3% excluding MVMT; Fourth quarter operating income of $17.1 million versus $13.3... More