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Oct 31, 2023
Movado Q3 2024 Earnings Report
Reported net sales of $187.7 million and EPS of $0.77.
Key Takeaways
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.
Net Sales of $187.7 million
Operating Income of $20.7 million; Adjusted Operating Income of $21.1 million
EPS of $0.77 and Adjusted EPS of $0.78
Company Updates Fiscal 2024 Outlook
Forward Guidance
The Company is revising its previously provided outlook to reflect third quarter results and the expected continuing impact of a challenging environment. For Fiscal Year 2024, the Company currently expects:
Historical Earnings Impact
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Avg. Return Before/After Earnings
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