×
144
Fashion Jobs
PEEPAL HR ASSOCIATES (OPC) PVT LTD
Ceo Textile Business (Please Read The jd Before Applying)
Permanent · Hyderabad
VERUSCHKA
Social Media And PR Specialist
Permanent · MUMBAI
VERUSCHKA
E-Commerce Manager
Permanent · MUMBAI
H&M
E-Commerce Commercial Manager
Permanent · NEW DELHI
H&M
Area Facility Manager
Permanent · NEW DELHI
SAROJ JALAN
Marketing Strategist
Permanent · KOLKATA
ADD UR CO LLP
Production Manager
Permanent · Chennai
THE GLOBAL ZONE HR SERVICES
Production Manager/ Supervisor/ Incharge
Permanent · Pune
PUMA
Manager - Digital Marketing
Permanent · Bengaluru
THE BANYAN HR CONSULTS
Brand Manager For Leading Women's Wear Garments CO at Coimbatore
Permanent · Coimbatore
GLAN MANAGEMENT CONSULTANCY
Senior Buyer Lingerie (Knits Western Wear) - Retail Brand
Permanent · GURUGRAM
JOB INDIA
Asst. Manager E-Com Operations (Garments Retail) Gurgaon
Permanent · Faridabad
VASTRAKALA EXPORTS
Quality Manager
Permanent · CHENNAI
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Manager / in Charge - Production/Quality/Cutting - Garments Industry
Permanent · Bhiwandi
MINT AND MILK COMMUNICATIONS
Senior Account Executive
Permanent · MUMBAI
PUMA
Manager- Buying (Apparel)
Permanent · Bengaluru
PUMA
Manager- Business Intelligence
Permanent · Bengaluru
PUMA
Manager- Trade Compliance
Permanent · Bengaluru
PUMA
Manager- Supply Planning
Permanent · Bengaluru
PUMA
Senior Manager - Performance Marketing- Marketplac…
Permanent · Bengaluru
PUMA
Regional Sales Manager- Mbo (South)
Permanent · Bengaluru
PUMA
Manager- Returns And Spf Operations
Permanent · Bengaluru
By
Reuters
Published
May 24, 2012
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Movado raises full-year outlook, sees strong 1st quarter

By
Reuters
Published
May 24, 2012

Watchmaker Movado Group Inc raised its full-year profit outlook and said it expects to post strong first-quarter results driven by higher demand for its luxury and licensed brand categories.


Photo: Movado


Shares of Paramus, New Jersey-based company were up 9 percent to $28.34 on Wednesday, making it the top percentage gainer on the New York Stock Exchange.

Movado, which distributes watches under licensed brands like Juicy Couture and Lacoste, now expects to post full-year profit of $1.15 per share up from its previous forecast of $1.10 per share.

Citi analyst Oliver Chen wrote in a note that the company's stock will reflect a continued upside on strong inventory control, revenue momentum and increasing global footprint.

The company, which sells its products through upscale department store chains and jewelry shops, has been launching new products and increasing marketing spending to attract more customers.

Movado expects first-quarter profit of 24 cents per share to 26 cents per share and expects sales to rise 15 percent to $103 million.

© Thomson Reuters 2022 All rights reserved.