Movado Group gaps higher on Q3 earnings beat
Movado Group, Inc. (MOV) is up 17.5% Tuesday. The company reported third-quarter earnings of $1.18 per share on revenue of $208.9 million. Analysts forecast earnings of $1.13 per share. The company forecast full year earnings to be in a range of $2.45 to $2.55.
Movado Group, Inc. (MOV) makes luxury jewelry.
Cronos Group Inc. (CRON) and Restoration Hardware (RH) top the list of other companies with positive news today, while Conn’s, Inc. (CONN) and Dollar General Corporation (DG) top the list of companies with negative news.
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About Movado Group Inc.
Movado Group Inc designs develop, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Wholesale and Retail segments. The Wholesale segment includes the design, development, sourcing, marketing, and distribution of watches, in addition to after-sales service activities and shipping. The Retail segment includes the company's outlet stores. Its timepieces are sold throughout North and South America, Europe, Asia and the Far East.