Movado Group, Inc. Announces Third Quarter Results
Movado Group Inc. (MOV)
Last movado group inc. earnings: 3/26 06:45 am
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US:NYSE Investor Relations:
movadogroup.com/investor/index.cfm
Company Research
Source: Business Wire
~ Net Sales of $182.7 million ~~ Operating Income of $6.6 million and Adjusted Operating Income of $9.3 million ~~ EPS of $0.22 and Adjusted EPS of $0.37 ~~ Updates Fiscal Year 2025 Outlook ~~ Board Approves New Share Repurchase Program and Declares Quarterly Dividend of $0.35 Per Share ~ PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced third quarter and nine-month results for the periods ended October 31, 2024.Efraim Grinberg, Chairman and Chief Executive Officer, stated, “We continued to advance our strategy in the third quarter, unveiling a captivating Movado brand-building marketing campaign in September, launching iconic product families across our brand portfolio, and delivering solid growth in our digital channel, all while maintaining a strong balance sheet. Our financial results were held back due to tighter inventory management by our retail partners in the U.S. and Europe and our planned increase in investment spend to support future growth.
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News
- Movado Group, Inc. Announces Participation in the ICR Conference 2025Business Wire
- Movado Group, Inc. (NYSE: MOV) is now covered by analysts at BWS Financial. They set a "buy" rating and a $31.50 price target on the stock.MarketBeat
- Has Movado Group, Inc. (NYSE:MOV) Stock's Recent Performance Got Anything to Do With Its Financial Health? [Yahoo! Finance]Yahoo! Finance
- Three Reasons Why MOV is Risky and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- Movado (NYSE:MOV) Misses Q3 Revenue Estimates [Yahoo! Finance]Yahoo! Finance
MOV
Sec Filings
- 1/2/25 - Form 4
- 1/2/25 - Form 4
- 1/2/25 - Form 4
- MOV's page on the SEC website