Movado Group (MOV) Tops Q2 EPS by 55c

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Movado Group, Inc. Announces Record Second Quarter Results Increases Annual Outlook

August 26, 2021 6:45 AM EDT

~ Net Sales of $173.9 million, an Increase of 96.4% from Fiscal 2021 and 10.2% from Fiscal 2020 ~

~ Operating Income Increases to $24.6 million from ($8.9) million in Fiscal 2021 and $8.8 million in Fiscal 2020 ~

~ Earnings Per Share of $0.82 ~

~ Ends Second Quarter with Cash of $199.7 million and No Debt ~

~ Board Declares Quarterly Dividend ~

PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced record second quarter and six-month results for the periods ended July 31, 2021, with robust growth in... More