May 27 (Reuters) - Movado Group Inc MOV.N :
* MOVADO GROUP, INC. ANNOUNCES FIRST QUARTER FISCAL 2022
RESULTS
* Q1 EARNINGS PER SHARE $0.40
* Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.43 EXCLUDING
ITEMS
* Q1 SALES ROSE 93.5 PERCENT TO $134.8 MILLION
* CURRENTLY EXPECTS FISCAL 2022 NET SALES IN A RANGE OF
ABOUT $650
MILLION TO $665 MILLION
* MOVADO GROUP - EXPECTS FISCAL 2022 GROSS PROFIT OF ABOUT
54% TO
55% OF NET SALES & OPERATING PROFIT IN RANGE OF 10% TO 11% OF
NET SALES
Source text for Eikon: ID:nBw3Gt4zBa
Further company coverage: MOV.N
((Reuters.Briefs@thomsonreuters.com;))