Watchmaker Movado (MOV) reports adjusted FQ4 EPS of $0.24 vs. $0.10 analyst estimate and a $1.25...

|About: Movado Group, Inc. (MOV)|By:, SA News Editor

Watchmaker Movado (MOV) reports adjusted FQ4 EPS of $0.24 vs. $0.10 analyst estimate and a $1.25 loss in the year-ago period, with revenues +21% Y/Y to $122.4M. MOV expects in-line FY 2013 EPS of $1.10 a share. The company also announces a $0.50 special dividend and raises its quarterly dividend 67% to $0.05.