Movado: Fiscal 3Q Earnings Snapshot
PARAMUS, N.J. (AP) _ Movado Group Inc. (MOV) on Tuesday reported fiscal third-quarter net income of $26.9 million.
The Paramus, New Jersey-based company said it had net income of $1.14 per share. Earnings, adjusted for one-time gains and costs, were $1.18 per share.
The watchmaker posted revenue of $208.9 million in the period.
Movado expects full-year earnings to be $2.45 to $2.55 per share, with revenue in the range of $660 million to $675 million.
Movado shares have increased 15 percent since the beginning of the year. The stock has increased 27 percent in the last 12 months.