Movado Group (MOV) Raises Quarterly Dividend 25% to $0.25; 2.5% Yield
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Movado Group, Inc. Announces Record Third Quarter Results; Increases Annual Outlook
November 23, 2021 6:45 AM EST~ Net Sales of $217.7 million, an Increase of 28.2% from Third Quarter Fiscal 2021 ~
~ Operating Income Increases ~ 80% to $41.4 million from Prior Year ~
~ Earnings Per Share of $1.33, or Adjusted Earnings Per Share of $1.36 ~
~ Board Approves New Share Repurchase Program and 25% Increase in Quarterly Dividend ~
PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced third quarter and nine month results for the period ended October 31, 2021.
Efraim Grinberg, Chairman and Chief Executive Officer,... More
