Movado Group (MOV) Tops Q1 EPS by 26c, Revenue Beats
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Movado Group, Inc. Announces First Quarter Results
May 30, 2018 6:45 AM EDT~ First Quarter Revenue Increased 28.1% to $127.1 million ~
~ First Quarter Operating Income of $8.1 million; Adjusted Operating Income of $8.9 million ~
~ Raises Fiscal 2019 Outlook ~
~ Board Declares Quarterly Dividend of $0.20 per share ~
PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced first quarter results for the period ended April 30, 2018.
First quarter net sales increased 28.1% to $127.1 million, or 22.2% on a constant dollar basis Net sales includes $2.2 million from the adoption of new revenue... More