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Jul 31, 2024
Movado Q2 2025 Earnings Report
Reported net sales of $159.3 million and EPS of $0.16.
Key Takeaways
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.
Net sales reached $159.3 million.
Operating income was reported at $3.0 million.
EPS stood at $0.16.
The board declared a quarterly dividend of $0.35 per share.
Movado
Movado
Forward Guidance
The Company is revising its previously provided outlook to reflect second-quarter results and the expected continuing impact of a challenging environment.