Movado rises after Q2 profit jumps

** Shares of US watch and jewelry maker Movado MOV.N rise 4.1% to $36.39 premarket

** Co posts Q2 adj. EPS of 54 cents, up more than fourfold from 13 cents a year ago

** Reports Q2 revenue of $169.8 mln, above previous year's revenue of $161.8 mln

** “This performance reflected broad-based increases across our owned and licensed brands, our direct and wholesale channels, and key geographies led by the U.S. and Europe" - CEO Efraim Grinberg

** MOV says tariff-related refunds of $3.2 mln boosted gross margin and net income

** As of last close, stock up 69.6% YTD