Movado: Fiscal Q1 Earnings Snapshot

PARAMUS, N.J. (AP) — PARAMUS, N.J. (AP) — Movado Group Inc. (MOV) on Thursday reported earnings of $9.1 million in its fiscal first quarter.

The Paramus, New Jersey-based company said it had net income of 40 cents per share. Earnings, adjusted for non-recurring costs, came to 43 cents per share.

The watchmaker posted revenue of $144.9 million in the period.

Movado expects full-year earnings to be $2.70 to $2.90 per share, with revenue in the range of $725 million to $750 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MOV at https://www.zacks.com/ap/MOV

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up