PARAMUS, N.J. (AP) — PARAMUS, N.J. (AP) — Movado Group Inc. (MOV) on Thursday reported net income of $8 million in its fiscal second quarter.
On a per-share basis, the Paramus, New Jersey-based company said it had profit of 36 cents. Earnings, adjusted for non-recurring costs, were 38 cents per share.
The watchmaker posted revenue of $160.4 million in the period.
Movado expects full-year earnings to be $2.15 to $2.25 per share, with revenue in the range of $690 million to $700 million.
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