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Movado rebounds as 2Q results top analyst estimates

2015-08-27 21:58:22| Jewelry - Topix.net

Shares of Movado Group surged almost 20 percent Thursday after the luxury watchmaker's second-quarter results surpassed Wall Street expectations. The seller of Movado, Ebel, Hugo Boss and Lacoste watches said it gained market share in the U.S. and sales in Europe were strong as residents of the U.S. and China traveled overseas and shopped more to take advantage of the weak euro.

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