Movado Group (MOV) Tops Q1 EPS by 51c, Offers Outlook

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Movado Group, Inc. Announces First Quarter Fiscal 2022 Results

May 27, 2021 6:45 AM EDT

~ Net Sales of $134.8 million Increases 93.5% From the Prior Year Quarter ~

~ U.S. Net Sales Exceed Pre-pandemic Level for 1st Quarter by 10.8% ~

~ Delivers Record 1st Quarter Operating Income ~

~ Company Provides Fiscal Year Outlook ~

~ Board Declares Quarterly Dividend ~

PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced first quarter results for the period ended April 30, 2021.

Fiscal 2022 First Quarter Highlights (see table below for GAAP and... More