Movado Group’s Q3 sales up by 6%.

Increase FontSizeDecrease FontSize
26-Nov-2017

Movado Group said net sales were up in the company’s third quarter ended Oct. 31 despite continued struggles in the U.S. The company said sales increased 6 percent to $190.7 million during the period, compared with $179.8 million in the third quarter last year. Operating income was $25.2 million, compared to $31.1 million in the same period last year, while operating expenses increased $11.4 million to $78.9 million. Gross profit was $104.1 million. CEO Efraim Grinberg said that despite a challenging U.S. market, international sales growth led its performance, noting particular strength in Europe, Latin America, China and the Middle East.

 

Post a comment

 

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Celebrity News

Alexandra Saint Mleux Leclerc Wears Ailes

Hollywood Stars Shine in Chopard at the 2026 Vanity Fair Oscar Part

Charles Leclerc Wears Graff Brooch at Monaco Rose Ball

Calendar of Events

Exhibition & Events

IIJS Bharat – Tritiya 2026 Unveils India’s Strength as a Global Jewellery Powerhouse

Explore New Global Opportunities at OROAREZZO 2026 with IEG

GemGenève Highlights Coloured Diamonds: A Niche Market of Excellence

Our Group Websites

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player