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Stock impact report

Movado's (NYSE:MOV) Q2 Sales Beat Estimates But Full-Year Sales Guidance Misses Expectations [Yahoo! Finance]

Movado Group Inc. (MOV) 
Last movado group inc. earnings: 3/26 06:45 am Check Earnings Report
US:NYSE Investor Relations: movadogroup.com/investor/index.cfm
Company Research Source: Yahoo! Finance
On the other hand, the company's full-year revenue guidance of $670 million at the midpoint came in 4.5% below analysts' estimates. It made a GAAP profit of $0.16 per share, down from its profit of $0.36 per share in the same quarter last year. Is now the time to buy Movado? Find out in our full research report Movado (MOV) Q2 CY2024 Highlights: Revenue: $159.3 million vs analyst estimates of $150.5 million (5.9% beat) EPS: $0.16 vs analyst expectations of $0.19 (15.8% miss) The company dropped its revenue guidance for the full year to $670 million at the midpoint from $705 million, a 5% decrease EPS (GAAP) guidance for the full year is $1.25 at the midpoint, roughly in line with what analysts were expecting Gross Margin (GAAP): 54.2%, down from 55.7% in the same quarter last year EBITDA Margin: 2.2%, down from 9.2% in the same quarter last year Free Cash Flow was -$20.13 million, down from $28.36 million in the same quarter last year Market Capitalization: $501.5 Show less Read more
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