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Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2015 Results

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PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE:MOV) today announced fourth quarter and fiscal year 2015 results for the periods ended January 31, 2015. Efraim Grinberg, Chairman and Chief Executive Officer, stated, “Our brands and businesses performed above our revised expectations and led to fourth quarter and fiscal year 2015 earnings surpassing our guidance. The overall watch category experienced slower growth than in previous years and we saw retailers curtailing their purchasing

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