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Tag: movados
Movado's profit misses estimates, but sales beat
2015-05-27 17:38:12| Jewelry - Topix.net
Movado Group Inc. said its profit halved in the first quarter, as the luxury watchmaker was hurt by slowing growth in the watch industry and the stronger dollar. Watchmakers have been pressured by a lackluster economy in Europe and slowing sales in Asia, which had been a source of strength.
Tags: sales
profit
beat
estimates
Movado's Stable Performance in Difficult Times Makes It a Stock Worth Considering
2014-12-04 01:56:47| Jewelry - Topix.net
When recessionary conditions or economic uncertainty prevail, can anybody go out shopping for a luxury product such as an expensive watch? It looks like an unnecessary thing at a time when people are trying to save the most of their hard-earned dollars to brace themselves for hard times. This point was hit home with the quarterly results of watch maker Fossil , which was hit hard because of high dependence on the European market.
Tags: times
makes
stock
performance
Movado's Sales Slow Down, but Watch for Better Times Ahead
2014-11-26 00:01:51| Jewelry - Topix.net
Overall, this earnings season has generally been favorable, but a few surprises have nevertheless hit investors for a loop. Earlier this month, Movado Group shocked shareholders by pushing down its guidance for both its third-quarter results and its full-year outlook, and the stock plunged more than 30% in a single day in response.
Movado's 1Q Revenue +10%, Profit -9%
2014-05-23 13:26:47| Jewelry - Topix.net
Movado Group reported that revenue increased 10 percent year on year to $120.9 million in the first quarter that ended on April 30, led by sales growth in the group's licensed brand category.
Movado's 4Q Sales +7%, Profit Lower From ESQ Charge
2014-03-26 21:51:00| Jewelry - Topix.net
Movado Group's net sales increased 7 percent year on year to $132.3 million for the fourth quarter that ended on January 31, as measured by generally accepted accounting principles .
Tags: sales
lower
charge
profit