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Movado Group Inc  (MOV)
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Growth, Growth, Growth

Movado Group Inc announced second quarter 2019 operating profit of $8.776 millions

Cis_di_nola_By_Alcott1953_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonMovado Group Inc showed respectable growth in the second quarter 2019, where earnings per share more than doubled by 114.29 % year on year to $0.75 per share and Sales increased by 24.12 % to $158 millions, led by sales in ornbsp; segment.

Sequentially income improved by 1.2 % from $0.74 per share and Sales fell by -20.85 % from $199 millions.

Net income of $17 millions in the second quarter 2019 increased by 115.17 % from net earnings of $8 millions reported in the second quarter 2019 a year ago. Although operating margin fell to 5.56%, in the second quarter 2019, the company's net margin actually improved to 11.06%.


Movado Group Inc is expected to report next financial results on November 25, 2019.


    Recently Reported Results
Annual_Reception__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common Purebase Corp

Movado Group Inc announced second quarter 2019 operating profit of $8.776 millions

Company reported strong income growth to $0.00 per share, on fading Sales of -31.77 % to $0.16 millions in the third quarter, compare to previous year.

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chemical_storage_container_storage_stock-908301 Factory Orders

New Bookings on the rise again

U.S. Factory orders continued to rise after recent weakness, but Shipments of durable goods fell by -0.42 % to $504 billions.

Gold_mine_pd Century Cobalt Corp.

Sales and Earnings Unchanged

In the third quarter Century Cobalt Corp reached break-even of $0.00 per share compare to $0.00 a year ago and from $0.00 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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Terex_haul_truck_By_Lindsay__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common Limelight Networks, Inc.

Limelight Networks, Inc announced third quarter operating shortfall of $-2.643 millions

For the third quarter company realized loss per share of $-0.02 compare to $0.00 a year ago, while Sales advanced by 4.07 % to $51.32 millions from the same quarter a year ago.

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Powder_Coating_Spraying_pd Braskem Sa

Sales and Earnings Unchanged

In the forth quarter Braskem Sa reached break-even of $0.00 per share compare to $4.85 a year ago and from $0.00 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $49.26 billions in the same quarter a year ago and sequentially from $0.00 millions.

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dollar-1175048_960_720 Gross Domestic Product

In the second-quarter GDP grew 2.0 %

The U.S. economy grew at a solid pace during the April-through-June period, led by growth in consumer and government spending.

factory_night_long_exposure_industry_power_industrial_energy_global-589754 Industrial production

Industrial production accelerates in August

The output rate of the nation's factories, mines and utilities accelerated due to increase in plastics and rubber production.

Warehouse_By Cayco_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common Retail Inventories

U.S. retail inventories rise in July

The retail inventories growth rate accelerated compare to the slow down in previous month, due to growing inventories at the car dealars.

tanker_By_James_Cridland_(Big_red_tanker)__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common Heritage-crystal Clean, Inc.

Heritage-crystal Clean, Inc announced third quarter operating surplus of $8.483 millions

Heritage-crystal Clean, Inc delivered mixed results in the third quarter, where Sales grew by 5.18 % to $104.84 millions in comparison to $99.67 millions on a year-over-year basis, while earnings decreased by -7.41 % to $0.25 per share, as comparison at $0.27 in the prior year quarter.

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Silage_windrows_and_two_tractors_2 Zero Gravity Solutions, Inc.

Zero Gravity Solutions, Inc announced forth quarter operating deficit of $-1.054729 millions

Zero Gravity Solutions, Inc announced very strong Sales growth year on year to $0.00 millions in the forth quarter, but lost money at $-0.03.

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glowing-2245832__340 Evolutionary Genomics, Inc.

Evolutionary Genomics, Inc announced third quarter operating deficit of $-0.162511 millions

In the third quarter Evolutionary Genomics, Inc lost money of $-0.04 per share compare to $-0.06 a year ago and from $-0.04 per share from the previous quarter.

Sales fell sharply by -57.16 % to $0.03 millions from $0.08 millions in the same quarter a year ago and sequentially Sales Tumbled by -35.53 % from $0.05 millions.

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Tomography_(CAT)_scan_pd Neurometrix, Inc.

Neurometrix, Inc announced third quarter operating deficit of $-1.412064 millions

In the third quarter Neurometrix, Inc losses widen of $-0.14 per share compare to $0.08 a year ago and improved from $-0.37 per share from the previous quarter.

Sales faded by -43.06 % to $2.09 millions from $3.67 millions in the same quarter a year ago and sequentially Sales deteriorated by -11.33 % from $2.35 millions.

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Strong Double Digit EPS Growth

For the third quarter eps growth outpaced revenue increase, where profits soared by 30.39 % at $3.99 per share, Sales advanced by 3.43 % to $11.38 billions from the same quarter a year ago.

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Bassett Furniture Industries Inc announced third quarter operating income of $3.4 millions

Bassett Furniture Industries Inc reported soft results for the third quarter, where income fell by -25 % to $0.21 per share and Sales decreased by -3.13 % to $109.42 millions, year on year.

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Other MOV's Earnings Reports

Movado Group Inc reported forth quarter 2018 earnings

Movado Group Inc reported third quarter 2018 earnings

Movado Group Inc reported second quarter 2018 earnings

             
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