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Seeking Alpha (Free subscription) | 09/11/2008
John C. Lee submits: On Thursday, September 4, pre-market, Movado Group Inc. (MOV) announced Q2 earnings of $0.32 per share or $8.1 million on $129.7 million in revenue vs. $0.45 per share or $12.3 million on $139.5 million in revenue, a drop of 34% in income and a drop of 7% in revenue compared to a year ago (see conference call transcript ). Excluding the expense reduction plan charge of $2.2 million,...
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PR News Wire (Free subscription) | 06/19/2008
PARAMUS, N.J., June 19 /PRNewswire-FirstCall/ -- Movado Group, Inc.
(NYSE: ), announced it has posted presentation slides from its Annual
Meeting of Shareholders, being held today at 10:00 a.m. Eastern Time, on
the Company's website. To access the presentation, log onto
and click on investor center.
Movado Group, Inc. designs, sources, and distributes Movado, Ebel,
Concord, ESQ, Coach, Tommy Hilfiger,...
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Women's Wear Daily (Free subscription) | 05/30/2008
Movado Group Inc. said first-quarter earnings dropped by almost half on disappointing domestic sales.
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PR News Wire (Free subscription) | 05/29/2008
PARAMUS, N.J., May 29 /PRNewswire-FirstCall/ -- Movado Group, Inc.
(NYSE: ) today announced the Company will participate in the HSBC Luxury
Conference in New York City. The presentation is scheduled for Thursday,
June 5, 2008 and will begin at 12:15 p.m. Eastern Time.
The presentation will be webcast live and archived for 90 days. To
access the presentation, log onto and click on
the investor center.
...
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PR News Wire (Free subscription) | 04/15/2008
PARAMUS, N.J., April 15 /PRNewswire-FirstCall/ -- Movado Group, Inc.
(NYSE: ), today announced a new board authorization to repurchase up to
one million shares of the Company's common stock.
Under the authorization, Movado Group has the option to repurchase
shares over time, with the amount and timing of repurchases depending on
market conditions and corporate needs. The Company has entered into...
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News On Women (Free subscription) | 03/31/2008
The Movado Group Inc. (NYSE: MOV) appointed Sallie DiMarsilis its Chief Financial Officer. Sallie had been Senior Vice President of Finance with The Warnaco Group before joining Movado. Read more about it in the prnewswire press release.
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Women's Wear Daily (Free subscription) | 03/28/2008
Movado Group Inc. on Thursday posted strong increases in fourth-quarter and year-end earnings, boosted by a one-time $15 million tax benefit.
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PR News Wire (Free subscription) | 03/27/2008
PARAMUS, N.J., March 27 /PRNewswire-FirstCall/ -- Movado Group, Inc.
(NYSE: ), today announced that Sallie A. DeMarsilis has been appointed
Chief Financial Officer and Principal Accounting Officer, effective March
31, 2008. Ms. DeMarsilis, who joined the Company earlier this year,
succeeds Eugene Karpovich, who will remain an officer of the Company and a
senior member of its management team focusing...
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PR News Wire (Free subscription) | 03/27/2008
PARAMUS, N.J., March 27 /PRNewswire-FirstCall/ -- Movado Group, Inc.
(NYSE: ), today reported results for its fourth quarter and fiscal year
ended January 31, 2008.
Full Fiscal Year 2008 Performance
Net sales for fiscal 2008 increased 5.0% to $559.6 million and included
$31.2 million of excess discontinued product sales and a one-time accrual
of $15.0 million for product returns associated with...
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PR News Wire (Free subscription) | 03/19/2008
PARAMUS, N.J., March 19 /PRNewswire-FirstCall/ -- Movado Group, Inc.
(NYSE: ) invites investors to listen to a broadcast of the Company's
conference call to discuss fourth quarter earnings results. The conference
call will broadcast on Thursday, March 27, 2008 at 10:00 a.m. Eastern Time
at . This call will be archived online within one hour
of the completion of the conference call. Additionally, a...
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PR News Wire (Free subscription) | 02/25/2008
- Company Updates Guidance for Fiscal 2008 -
- Provides Initial Guidance for Fiscal 2009 -
PARAMUS, N.J., Feb. 25 /PRNewswire-FirstCall/ -- Movado Group, Inc.
(NYSE: ), today announced a unified strategy designed to leverage the
strength of the Movado brand across all distribution channels. The Movado
brand strategy will unite the areas of product development, merchandising,
and marketing across...
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PR News Wire (Free subscription) | 01/08/2008
PARAMUS, N.J., Jan. 8 /PRNewswire-FirstCall/ -- Movado Group, Inc.
(NYSE: ) today announced the Company will participate in the Cowen and
Company Consumer Conference in New York City. The presentation is scheduled
for Tuesday, January 15, 2008 and will begin at 3:00 p.m. Eastern Time.
The presentation will be webcast live and archived for 90 days. To
access the presentation, log onto and click on
the...
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PR News Wire (Free subscription) | 12/06/2007
~ Repurchase Program to Offset Dilution ~
PARAMUS, N.J., Dec. 6 /PRNewswire-FirstCall/ -- Movado Group, Inc.
(NYSE: ), today announced a board authorization to repurchase up to one
million shares of the Company's common stock. Shares will be repurchased
from time to time as market conditions warrant either through open market
transactions, block purchases, private transactions or other means. No...
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PR News Wire (Free subscription) | 12/06/2007
~ Q3 Operating Profit Grows 20.9% from Year-Ago Adjusted Operating Profit ~
PARAMUS, N.J., Dec. 6 /PRNewswire-FirstCall/ -- Movado Group, Inc.
(NYSE: ), today announced third quarter and nine-month results for the
period ended October 31, 2007.
Third Quarter Fiscal 2008
-- Net sales increased $13.9 million, or 8.3%, to $180.2 million from
$166.3 million last year. Net sales for the current quarter...
