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Movado Group Inc (MOV)

MOV on New York Consolidated

22.39USD
26 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Movado Q1 adj earnings per share $0.19 excluding items
Thursday, 26 May 2016 06:58am EDT 

Movado Group Inc : Updates full year outlook to sales of $565 million to $580 million and operating income of $55 million to $60 million . Anticipates net income in fiscal 2017 to be approximately $36.5 million to $40.0 million, or $1.55 to $1.70 per diluted share . Movado group inc sees full year operating income of $55 million to $60 million . Sets quarterly cash dividend of $0.13per share . "given current retail trends, particularly in fashion watch category in us, we feel it is prudent to lower our annual outlook" . Movado group, inc. Announces first quarter results . Sees fy 2017 earnings per share $1.55 to $1.70 . Q1 earnings per share $0.14 . Sees fy 2017 sales $565 million to $580 million . Q1 sales $114.1 million versus i/b/e/s view $115.6 million . Q1 earnings per share view $0.16 -- Thomson Reuters I/B/E/S .Q1 adjusted earnings per share $0.19 excluding items.  Full Article

Movado Group, Inc. Announces New $50 Million Share Buyback Program and 18% Increase in Quarterly Dividend
Thursday, 31 Mar 2016 06:59am EDT 

Movado Group, Inc:approved a new share buyback program under which Company may purchase up to $50 million of its outstanding common shares from time to time.authorization expires on September 30, 2017, subject to extension or earlier termination by the Board of Directors.Board of Directors also approved an approximately 18% increase in the Company's quarterly cash dividend to $0.13 for each share of the Company's outstanding common stock and class A common stock.This dividend will be paid on April 26, 2016 to all shareholders of record as of the close of business on April 12, 2016.  Full Article

Movado Group Inc gives FY 2017 guidance
Thursday, 31 Mar 2016 06:58am EDT 

Movado Group Inc:Says in FY 2017, co anticipates that net sales will be in a range of $585.0 million to $600.0 million and operating income will be about $65.0 million to $70.0 million.anticipates net income in FY 2017 to be about $43.3 million to $46.7 million, or $1.85 to $2.00 per diluted share.  Full Article

Movado Group Inc Declares Quarterly Dividend
Tuesday, 24 Nov 2015 06:55am EST 

Movado Group Inc:Says on Nov. 24, 2015, the Board of Directors approved payment on Dec. 18, 2015 of a cash dividend in amount of $0.11 for each share of Co's outstanding common stock and class A common stock held by shareholders of record as of close of business on Dec. 4, 2015.  Full Article

Movado Group Inc reaffirms FY 2016 guidance
Thursday, 27 Aug 2015 07:30am EDT 

Movado Group Inc:Says that it expects FY 2016 net sales to be in the range of $590 million to $600 million.Anticipates net income for FY 2016 to be in the range of about $48.5 million to $51.0 million, or $2.00 to $2.10 per diluted share.  Full Article

Movado Group Inc declares quarterly dividend
Thursday, 27 Aug 2015 07:00am EDT 

Movado Group Inc:Approves the payment on Sept. 22 of a cash dividend in the amount of $0.11 for each share of the Company's outstanding common stock and class A common stock held by shareholders of record as of the close of business on Sept. 8.  Full Article

Movado Group Inc announces quarterly cash dividend
Friday, 29 May 2015 09:13am EDT 

Movado Group Inc:Will distribute an unchanged quarterly cash dividend of $0.11 per share, payable on June 22 to holders of record on June 8.  Full Article

Movado Group reaffirms FY 2016 guidance
Wednesday, 27 May 2015 07:00am EDT 

Movado Group Inc:Anticipates FY 2016 net sales to increase to a range of $590 - $600 mln.Anticipates FY 2016 net income to be about $48.5 - $51.0 mln.Anticipates FY 2016 EPS of $2.00 - $2.10 per diluted share.FY 2016 revenue of $593 mln, Net income of $49.29 mln and EPS of $2.04 - Thomson Reuters I/B/E/S.  Full Article

Movado Group Inc announces quarterly dividend increase
Tuesday, 31 Mar 2015 07:00am EDT 

Movado Group Inc:Approved a 10 pct increase in the Company's quarterly cash dividend to $0.11 for each share of the Company's outstanding common stock and class A common stock.Dividend will be paid on April 24 to all shareholders of record as of the close of business on April 10.  Full Article

Movado Group Inc gives FY 2016 revenue guidance above analysts' estimates, earnings below analysts' estimates
Tuesday, 31 Mar 2015 07:00am EDT 

Movado Group Inc:Anticipates FY 2016 that net sales will increase to range of $590 mln to $600 mln.Anticipates FY 2016 operating income will increase to about $72.0 mln to $75.0 mln.Anticipates FY 2016 net income to be about $48.5 mln to $51.0 mln, or $2.00 to $2.10 per diluted share.FY 2016 revenue of $603 mln, EBIT of $68 mln, Net Income of $47 mln and EPS of $1.89 per share - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Movado Q1 adj earnings per share $0.19 excluding items

* Updates full year outlook to sales of $565 million to $580 million and operating income of $55 million to $60 million