Movado says assumes approximately 10% sales growth per year through FY17

theflyonthewall.com

In addition, the company announced today its multi-year strategic plan goals through FY17. For the next four years, the company anticipates approximately 10% sales growth per year and approximately 20% operating profit growth per year. This is expected to result in fiscal 2017 sales of approximately $750M, operating profit of approximately $115M, and EPS to slightly exceed $3.00.

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