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Movado Group Inc (MOV.N)

MOV.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Movado Group Announces Q4 Loss Per Share Of $1.47
Thursday, 29 Mar 2018 

March 29 (Reuters) - Movado Group Inc ::MOVADO GROUP, INC. ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2018 RESULTS.SEES FY 2019 EARNINGS PER SHARE $2.15 TO $2.25.Q4 ADJUSTED EARNINGS PER SHARE $0.52 EXCLUDING ITEMS.Q4 LOSS PER SHARE $1.47.SEES FY 2019 SALES $605 MILLION TO $615 MILLION.Q4 EARNINGS PER SHARE VIEW $0.26 -- THOMSON REUTERS I/B/E/S.Q4 SALES $149.2 MILLION VERSUS I/B/E/S VIEW $132.5 MILLION.BOARD APPROVES INCREASE IN QUARTERLY DIVIDEND TO $0.20 PER SHARE.DURING Q4, RECORDED $0.9 MILLION IN PRE-TAX EXPENSES WITH A RELATED TAX BENEFIT OF $0.2 MILLION, OR $0.03 PER DILUTED SHARE.IN Q4 OF FISCAL 2018, COMPANY RECORDED A $45.0 MILLION PROVISIONAL TAX EXPENSE RELATED TO 2017 TAX ACT.  Full Article

Movado Group Says ‍Entered Into An Amended And Restated License Agreement With Ferrari S.P.A.
Thursday, 30 Nov 2017 

Nov 29 (Reuters) - Movado Group Inc ::MOVADO GROUP SAYS ‍ENTERED INTO AN AMENDED AND RESTATED LICENSE AGREEMENT WITH FERRARI S.P.A. - SEC FILING​.MOVADO GROUP INC - TERM HAS BEEN EXTENDED FROM DECEMBER 31, 2017 UNTIL DECEMBER 31, 2022.MOVADO GROUP INC - ROYALTY CALCULATIONS HAVE BEEN REVISED.MOVADO GROUP INC - AMENDED LICENSE AGREEMENT AMENDS AND RESTATES ORIGINAL LICENSE AGREEMENT BETWEEN LICENSOR AND COMPANY DATED MARCH 22, 2012.MOVADO GROUP INC - EXCLUSIVE LICENSE HAS BEEN EXTENDED TO COVER ALL SCUDERIA FERRARI-BRANDED WATCHES WITH A SUGGESTED RETAIL PRICE UP TO EUR2,500.  Full Article

MOVADO GROUP Q3 ADJ EARNINGS PER SHARE $1.04 EXCLUDING ITEMS
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Movado Group Inc ::MOVADO GROUP, INC. ANNOUNCES THIRD QUARTER RESULTS.SEES FY 2018 EARNINGS PER SHARE $1.70 TO $1.75.Q3 ADJUSTED EARNINGS PER SHARE $1.04 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.75.Q3 SALES $190.7 MILLION VERSUS I/B/E/S VIEW $176.4 MILLION.Q3 EARNINGS PER SHARE VIEW $0.85 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 SALES $550 MILLION TO $555 MILLION.MOVADO GROUP INC - ‍ COMPANY HAS DECIDED TO NO LONGER EXHIBIT ITS BRANDS AT ANNUAL BASELWORLD WATCH AND JEWELRY FAIR IN SWITZERLAND​.MOVADO GROUP INC - ‍ PLANS TO REINVEST APPROXIMATE $10 MILLION OF ANNUAL SAVINGS RELATED TO BASELWORLD IN OTHER MARKETING ACTIVITIES.MOVADO GROUP INC - ‍ COMPANY RECORDED A PRE-TAX CHARGE OF $6.3 MILLION IN Q3 OF FISCAL 2018 AS PART OF ITS COST SAVINGS INITIATIVES​.MOVADO GROUP INC - ‍CONTINUES TO EXPECT TO REALIZE APPROXIMATELY $12.0 MILLION OF SAVINGS IN FISCAL 2018 FROM COST SAVINGS​ INITIATIVES.MOVADO GROUP - DOES NOT ANTICIPATE ANY SAVINGS IN OPERATING EXPENSES RELATED TO DECISION TO NOT EXHIBIT AT BASELWORLD WATCH AND JEWELRY FAIR FOR 2018​.  Full Article

Movado Group Inc reports Q1 loss of $0.18 per share
Thursday, 25 May 2017 

May 25 (Reuters) - Movado Group Inc :Announces first quarter results.Sees FY 2018 earnings per share $1.40 to $1.55.Q1 loss per share $0.18.Sees FY 2018 sales $515 million to $530 million.Q1 sales $99.3 million versus I/B/E/S view $100.2 million.Q1 adjusted earnings per share $0.01 excluding items.Q1 earnings per share view $0.10 -- Thomson Reuters I/B/E/S.Reiterates fiscal 2018 outlook.Outlook excludes $7.0 million to $10.0 million pre-tax charge related to cost savings initiatives in fiscal 2018.  Full Article

Movado group Q2 EPS $0.27
Thursday, 25 Aug 2016 

Movado Group Inc : Movado group, inc. Announces second quarter results . Sees FY 2017 earnings per share $1.40 to $1.55 . Q2 earnings per share $0.27 . Sees FY 2017 sales $550 million to $560 million . Q2 sales $128.1 million versus I/B/E/S view $135.9 million . Q2 earnings per share view $0.31 -- Thomson Reuters I/B/E/S .FY2017 earnings per share view $1.60, revenue view $571.7 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Movado Group Announces Q4 Loss Per Share Of $1.47

* MOVADO GROUP, INC. ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2018 RESULTS