Movado group, inc. announces record third quarter results; increases annual outlook

Paramus, n.j.--(business wire)--movado group, inc. (nyse: mov) today announced third quarter and nine month results for the period ended october 31, 2021. efraim grinberg, chairman and chief executive officer, stated, “we are very pleased to report record third quarter results that continued our positive momentum from the first half of the year, highlighted by sales growth of 28%, gross margin expansion of 330 basis points and a nearly 80% increase in operating income. i am proud of our team's
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