Movado achieved revenue growth and margin improvements in Q4 2025, driven by international wholesale and online sales, while U.S. brick-and-mortar retail performance lagged.
Movado Group reported third-quarter results with net sales of $182.7 million, operating income of $6.6 million, and EPS of $0.22. The company is revising its fiscal year 2025 outlook to reflect these results and the continuation of a challenging environment. A new share repurchase program of up to $50 million was approved, and a quarterly dividend of $0.35 per share was declared.
Movado Group announced second quarter results with net sales of $159.3 million and EPS of $0.16. The company is updating its fiscal year 2025 outlook due to a challenging consumer spending environment.
Movado Group announced first quarter fiscal 2025 results, reporting net sales of $136.7 million and EPS of $0.13. The company is maintaining its fiscal 2025 net sales outlook in the range of approximately $700 million to $710 million.
Movado Group reported strong Q4 2024 results, with revenue and diluted earnings per share at the high end and above the revised outlook, respectively. The company's holiday marketing initiatives and new product introductions in watches and jewelry were well-received, despite a challenging retail environment in the U.S. and Europe. The company is focused on making investments necessary to grow its business and build its brands for the long-term.
Movado Group, Inc. announced third quarter results with net sales of $187.7 million. The company reported operating income of $20.7 million and EPS of $0.77. They have updated their fiscal 2024 outlook and the board declared a quarterly dividend.
Movado Group reported second quarter net sales of $160.4 million and EPS of $0.36. The company is updating its fiscal year 2024 outlook to reflect the challenging consumer discretionary environment.
Movado Group reported first quarter fiscal 2024 results, with net sales of $144.9 million, operating income of $10.9 million, and EPS of $0.40. The company is facing a challenging macro environment but remains focused on strategic priorities and innovation.
Movado Group reported fourth quarter results with net sales of $194.3 million and EPS of $1.00. The company managed its business well throughout the year, driving Movado Group to a record year for net sales and operating income with expansion in gross profit margin, as compared to fiscal 2022.
Movado Group reported strong Q3 results with topline growth in constant currency and solid profitability, driven by disciplined execution of its strategy. The company maintained a healthy gross margin and managed expenses, leading to an adjusted operating margin of 18.4%.
Movado Group reported a strong second quarter with a 5.1% increase in net sales to $182.8 million and a 10.5% increase on a constant currency basis. Operating income increased to $30.7 million, and EPS reached $1.05, with an adjusted EPS of $1.07.
Movado Group reported a strong first quarter with a 21.2% increase in net sales to $163.4 million and an 84.7% growth in adjusted operating income to $26.1 million. EPS was $0.79 and adjusted EPS was $0.82. The Board approved a quarterly dividend of $0.35 per share.
Movado Group announced exceptional fourth quarter performance, resulting in record annual net sales of $732.4 million and operating profit margin of 16.0%.
Movado Group reported a strong second quarter with significant increases in net sales, operating income, and earnings per share compared to the previous year. Net sales increased by 96.4% from fiscal 2021 and 10.2% from fiscal 2020. The company ended the quarter with a strong cash position and declared a quarterly dividend.
Movado Group reported a strong first quarter with a 93.5% increase in net sales compared to the prior year, driven by strength across key financial and operational metrics. The company achieved record first quarter operating income and robust earnings growth, exceeding pre-pandemic levels. The company provided fiscal year 2022 outlook and declared a quarterly dividend.
Movado Group reported strong Q4 results with a sequential improvement in sales, a 220 basis point expansion in gross profit margin, and an $18.1 million decline in operating expenses, driving operating income to $23.9 million.
Movado Group reported Q3 net sales of $169.9 million, a decrease of 17.4% compared to the previous year. However, the company's results were ahead of expectations, with strong sales in Europe and across e-commerce platforms. Adjusted operating income increased to $25.1 million, and the company ended the quarter with $163.2 million in cash.
Movado Group's second quarter results were significantly impacted by the COVID-19 pandemic, with net sales decreasing by 43.9% to $88.5 million. The company reported a net loss of $6.6 million, or $0.28 per diluted share. However, the company took aggressive actions to mitigate the impact, generating $90 million in cost savings and ending the quarter with a cash balance of $170 million.
Movado Group reported a challenging first quarter due to the COVID-19 pandemic. Net sales decreased by 52.5% to $69.7 million, and the company experienced a net loss of $150.0 million, or ($6.48) per diluted share. However, the company ended the quarter with $188 million in cash and implemented measures to minimize expenses and preserve financial health.
Movado Group reported a decrease in net sales by 4.2% to $191.0 million compared to the fourth quarter of fiscal 2019, with net income decreasing to $3.5 million, or $0.15 per diluted share. The company is discontinuing its quarterly dividend due to COVID-19 uncertainty but maintains a strong cash position.