Earnings preview: Movado high on optimism in Q3

During the second quarter, Movado (MOV) had reported mixed results, with net sales improving 12% to beat estimates, even as earnings came in line with the consensus. Though investors sent the stock down the same day, the watchmaker found its results bullish enough to raise its full-year sales outlook to $660-$675 million,  compared with the … Continue reading Earnings preview: Movado high on optimism in Q3