Movado Group Inc. reports that net sales rose 12.8 percent to $142.3 million from $126.1 million in the fiscal 2006 fourth quarter. Same-store sales at the company's Movado boutiques decreased 1.8 percent, versus a 14.4 percent increase in the prior year period.
For the year, net sales rose 13.2 percent to $532.9 million from $470.9 million in the prior year. Same-store sales increased 2.3 percent at the company's Movado boutiques compared to an 8.5 percent increase in the prior fiscal year.

Jun 25th, 2005
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