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Movado Group, Inc. Announces First Quarter Results
2015-05-28 10:16:07| Jewelry - Topix.net
Efraim Grinberg, Chairman and Chief Executive Officer, stated, "I am pleased with our start to the year as we generated increased net sales in constant currency and solid earnings that we believe have us on track to achieve our annual goals. During the quarter, we continued to focus on new product introductions and developing our brands globally, which led to over a 6% increase in international wholesale sales on a constant currency basis and a 5% increase in the U.S. wholesale business.
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Movado first-quarter earnings hurt by slowing growth in watch sales
2015-05-27 17:38:13| Jewelry - Topix.net
Movado Group Inc. Movado reported a first-quarter profit of $3.6 million, or 15 cents a share, down from $7.4 million, or 29 cents a share, a year earlier, as the luxury watchmaker was hurt by slowing growth in the watch industry and the stronger dollar. Movado posted revenue of $120.5 million in the period, compared with $120.9 million in the first quarter of fiscal 2015.
Movado Group (MOV) Scheduled to Post Earnings on Wednesday
2015-05-25 08:40:24| Jewelry - Topix.net
Movado Group will be posting its Q116 quarterly earnings results on Wednesday, May 27th. Analysts expect Movado Group to post earnings of $0.26 per share and revenue of $119.55 million for the quarter.
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Movado Group - An Opportunity To Acquire At Depressed Levels Thanks To Apple
2015-04-18 17:29:00| Jewelry - Topix.net
Movado Group designs, sources, markets and distributes fine watches and the company's stock price has seen a quite a selloff in the recent quarters, currently down roughly 35% from the previous highs- a move that can be contributed to the Apple Watch soon hitting the market. The company operates primarily in the mid to high price range markets and its portfolio of licensed brands include such names as Hugo Boss, Lacoste, Tommy Hilfiger, Juicy Couture, ESQ, Coach, Ebel and Concord.
Movado 72 Hour Deadline Alert: Approximately 72 Hours Remain; Former...
2015-04-04 05:50:32| Jewelry - Topix.net
Investor losses must relate to purchases of the Company's securities between March 26, 2014 and November 13, 2014. This action is pending in the United States District Court for the District of New Jersey.
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