NEW YORK — Strong retail operations and growth from its Tommy Hilfiger license allowed Movado Group Inc. to beat Wall Street estimates in the third quarter.
For the three months ended Oct. 31, the Paramus, N.J.-based watchmaker’s reported net income rose 17.1 percent to $8.8 million, or 73 cents a diluted share. That compares with last year’s quarter when the firm registered profits of $7.5 million, or 63 cents. Earnings per share outran analysts’ forecasts by 2 cents.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"