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Movado Group Sinks After a Challenging Quarter

TheMotleyFool

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Movado Group Sinks After a Challenging Quarter

Movado Group (NYSE: MOV) released fiscal second-quarter 2020 results on Wednesday morning, detailing encouraging market-share gains but also the travails of an "increasingly challenging environment" for its watchmaking niche. Movado followed by tempering the full-year guidance it initially provided in late March.

With shares down 15% in Wednesday's trading, let's look at what the company accomplished over the last few months.

Q2 2020*

Source Fool.com

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