Movado Committed to China (MOV 3Q06 Conf Call Quotes)
Watch retailer Movado Group (ticker: MOV) reported Q3 2006 earnings results today. President and CEO Efraim Grinberg had a few words to say about Movado's China plans:
We continue to make progress and sell through in our Chinese marketplace. It is still a small market for us and we continue to remain focused on building that market over the next several years. We are putting continued emphasis on that market over the next two years.
(Quotes are from the CCBN StreetEvents transcript.)
Comment: Management spoke at a great length about its China sales strategy during its Q2 conference call.
MOV chart.
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