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Apr 30, 2024
Movado Q1 2025 Earnings Report
Reported first quarter fiscal 2025 results, with net sales of $136.7 million and EPS of $0.13.
Key Takeaways
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.
Net sales reached $136.7 million.
Operating income was reported at $3.3 million.
EPS stood at $0.13.
Board approved a quarterly dividend of $0.35 per share.
Forward Guidance
The Company continues to expect fiscal 2025 net sales to be in a range of approximately $700 million to $710 million, gross profit of approximately 55% of net sales, and operating income in a range of approximately $32 million to $35 million. Assuming no changes to current tax regulations, the Company anticipates an effective tax rate of approximately 22% for the fiscal year and earnings in a range of approximately $1.20 to $1.30 per diluted share.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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