Key Developments: Movado Group Inc (MOV)

MOV on New York Consolidated

40.59USD
11 Jul 2014
Price Change (% chg)

$0.09 (+0.22%)
Prev Close
$40.50
Open
$40.54
Day's High
$40.59
Day's Low
$40.32
Volume
1,527
Avg. Vol
187,706
52-wk High
$48.50
52-wk Low
$34.77

Search Stocks

Latest Key Developments (Source: Significant Developments)

Movado Group Inc reiterates FY 2015 outlook
Thursday, 22 May 2014 07:00am EDT 

Movado Group Inc:Reiterates FY 2015 outlook.Expects FY 2015 net sales will increase about 10.7 pct to $640 mln.Expects FY 2015 operating income will increase about 19 pct to $90 mln.Expects FY 2015 net income to increase to about $63.5 mln,or $2.44 per diluted share.FY 2015 revenue of $637 mln, EBIT of $89 mln, EPS of $2.45, net income of $63.5 mln - Thomson Reuters I/B/E/S.  Full Article

Movado Group Inc declares diviend
Wednesday, 21 May 2014 08:00pm EDT 

Movado Group Inc:Approves the payment of a cash dividend in the amount of $0.10 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 June 2.  Full Article

Movado Group Inc gives FY 2015 outlook in line with analysts' estimates
Wednesday, 26 Mar 2014 07:00am EDT 

Movado Group Inc:Expects FY 2015 net sales to increase about 10.7 pct to $640 mln.Expects FY 2015 operating income will increase about 19 pct to $90 mln.Expects FY 2015 EBITDA to be about $103 mln.Expects FY 2015 net income to increase to about $63.5 mln or $2.44 per diluted share.FY 2015 revenue of $638 mln, EBIT of $89 mln, EBITDA of $101 mln, net income of $61.8 mln, EPS of $2.38 - Thomson Reuters I/B/E/S.  Full Article

Movado Group Inc announces quarterly cash dividend
Wednesday, 26 Mar 2014 07:00am EDT 

Movado Group Inc:Approves a 25 pct increase in the quarterly cash dividend to $0.10 for each share.Dividend will be paid on April 21 to all shareholders of record on April 7.  Full Article

Movado Group Inc updates FY 2014 revenue guidance; raises FY 2014 EBIT and EBITDA guidance; reaffirms FY 2014 EPS and net income guidance
Tuesday, 26 Nov 2013 07:00am EST 

Movado Group Inc:Sees FY 2014 net sales to be $580 mln.Sees FY 2014 operating income of $72 mln.Sees FY 2014 EBITDA of $84 mln.Sees FY 2014 net income of $49 mln.Sees FY 2014 EPS of $1.90.FY 2014 revenue of $579 mln, EBIT of $71 mln, EBITDA of $83 mln, net income of $50 mln and EPS of $1.95 - Thomson Reuters I/B/E/S Estimates.  Full Article

Movado Group Inc Announces Quarterly Cash Dividend
Tuesday, 27 Aug 2013 07:00am EDT 

Movado Group Inc announced that on August 27, 2013 the Board of Directors approved a 60% increase in the Company’s quarterly cash dividend to $0.08 for each share of the Company’s outstanding common stock and class A common stock. This dividend will be paid on September 20, 2013 to all shareholders of record as of the close of business on September 6, 2013.  Full Article

Movado Group Inc Raises FY 2014 Guidance
Tuesday, 27 Aug 2013 07:00am EDT 

Movado Group Inc announced that for fiscal 2014, it expects net sales to increase approximately 13% to a range of $575 million to $580 million, operating income to increase over 20% to $70 million and EBITDA will be approximately $81.5 million. The Company anticipates net income in fiscal 2014 to increase to approximately $49 million or $1.90 per diluted share, reflecting a 28% anticipated effective tax rate. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $571 million, net income of $48 million and EPS of $1.80 for fiscal 2014.  Full Article

Movado Group Inc Reiterates FY 2014 Guidance
Wednesday, 29 May 2013 07:00am EDT 

Movado Group Inc reiterated its fiscal 2014 guidance and expects net sales will increase approximately 12% to a range of $570 million to $575 million, operating income will increase approximately 20% to $68 million and EBITDA will be approximately $80 million, net income will increase to approximately $48 million or $1.80 per diluted share, reflecting a 28% anticipated effective tax rate. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $1.80 for fiscal 2014.  Full Article

Movado Group Inc Announces Quarterly Dividend
Wednesday, 29 May 2013 07:00am EDT 

Movado Group Inc announced that on May 29, 2013 the Board of Directors approved the payment on June 21, 2013 of a cash dividend in the amount of $0.05 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 June 10, 2013.  Full Article

Movado Group Inc Announces $50 Million Share Buyback Program
Thursday, 21 Mar 2013 07:01am EDT 

Movado Group Inc announced that the Board of Directors has approved a share buyback program under which the Company may purchase up to $50 million of outstanding common shares from time to time, depending on market conditions, share price and other factors. The authorization expires on January 31, 2016, and Movado Group may purchase shares of common stock through open market, block trades or otherwise. The shares will be purchased primarily to mitigate the dilutive impact of equity grants during the course of the next few years. Therefore, the Company does not expect the share buyback program to have impact on the weighted average of shares outstanding for fiscal 2014.  Full Article

Search Stocks