Movado Group Q4 Adj $0.51 Beats $0.39 Estimate, Sales $181.47M Miss $181.63M Estimate

Movado Group (NYSE:MOV) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.39 by 30.77 percent. This is a 7.27 percent decrease over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $181.47 million which missed the analyst consensus estimate of $181.63 million by 0.09 percent. This is a 3.26 percent increase over sales of $175.75 million the same period last year.