Movado Group (MOV) Reports Q4 EPS of $0.15

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Go back to Movado Group (MOV) Reports Q4 EPS of $0.15

Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2020 Results

March 26, 2020 6:45 AM EDT

~ Fiscal Year 2020 Net Sales Increased 3.1% to $701.0 Million ~

~ Fiscal Year 2020 Operating Income of $43.0 Million; Adjusted Operating Income of $50.0 Million ~

~ Fiscal Year 2020 Earnings Per Share of $1.83; Fiscal Year 2020 Adjusted Earnings Per Share of $1.57, includes a 26.4% Effective Tax Rate ~

~ Discontinues Quarterly Dividend Pending Clarity on COVID-19 ~

PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced fourth quarter and fiscal year 2020 results for the periods ended January 31, 2020.

Efraim Grinberg, Chairman and Chief Executive... More