Movado Group Inc is a renowned watchmaker that designs, manufactures, and markets a wide range of timepieces under various brands, including its flagship Movado brand, known for its modern and elegant designs. The company offers a diverse portfolio of luxury, fashion, and accessible watches, catering to different market segments and consumer preferences. In addition to its iconic watches, Movado Group also holds licensing agreements for producing timepieces under notable brands, expanding its product offerings across various styles and price points. With a commitment to craftsmanship and innovation, Movado Group aims to create timeless pieces that resonate with watch enthusiasts and collectors around the world. Read More
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Movado (NYSE:MOV) and the rest of the apparel and accessories stocks fared in Q4.
NEW YORK, April 17, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Movado Group, Inc. (“Movado” or the “Company”) (NYSE: MOV). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the apparel and accessories industry, including Tapestry (NYSE:TPR) and its peers.
Movado Group Inc (NYSE:MOV) shares climbed in premarket trading after posting a fourth-quarter FY25 earnings beat. The company reported $0.51 in adjusted EPS, surpassing analyst expectations. Revenue rose 3.3% to $181.47 million, driven by strong international sales. Despite a 2.9% drop in U.S. sales, gross margin improved to 54.2%. Movado also declared a $0.35 dividend, payable May 6, 2025.
Luxury watch company Movado (NYSE:MOV) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 1% year on year to $181.5 million. Its GAAP profit of $0.36 per share was 7.2% below analysts’ consensus estimates.
Movado Group, Inc. (NYSE: MOV) today announced fourth quarter and fiscal year 2025 results for the periods ended January 31, 2025. As previously announced, on April 11, 2025, the Company filed a Current Report on Form 8-K in which it presented restated prior-period financial results for each of the three fiscal years ended January 31, 2024, and the interim periods within fiscal years 2025 and 2024. As a result, the historical periods presented in this press release incorporate the restated financial results.
Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Movado Group, Inc. (“Movado” or the “Company”) (NYSE: MOV) investors concerning the Company’s possible violations of the federal securities laws.
Law Offices of Howard G. Smith announces an investigation on behalf of Movado Group, Inc. (“Movado” or the “Company”) (NYSE: MOV) investors concerning the Company’s possible violations of federal securities laws.
The Law Offices of Frank R. Cruz announces an investigation of Movado Group, Inc. (“Movado” or the “Company”) (NYSE: MOV) on behalf of investors concerning the Company’s possible violations of federal securities laws.
Movado Group, Inc. (NYSE: MOV) invites investors to listen to a broadcast of the Company's conference call to discuss fourth quarter and fiscal year 2025 earnings results on Wednesday, April 16, 2025 at 9:00 a.m. Eastern Time. A press release detailing the Company’s fourth quarter and fiscal year 2025 results will be issued before the market opens and prior to the call. The conference call will be hosted by Efraim Grinberg, Chairman and Chief Executive Officer, and Sallie DeMarsilis, Executive Vice President, Chief Operating Officer and Chief Financial Officer.
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges.
However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
Consumer discretionary businesses are levered to the highs and lows of economic cycles. This sensitive demand profile can lead to some stock price volatility, but over the past six months,
the industry has stayed on track as its 6.3% return was close to the S&P 500’s.
Looking back on apparel and accessories stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Movado (NYSE:MOV) and its peers.
Movado Group, Inc. (NYSE: MOV) today announced that the Company will participate in a fireside chat presentation and host investor meetings at ICR Conference 2025 being held January 13th through January 15th, 2025 at the Grande Lakes Orlando in Orlando, Florida. The fireside chat presentation will be held on Tuesday, January 14th, 2025 at 2:00pm Eastern Time. Efraim Grinberg, Chairman and Chief Executive Officer, will host the fireside chat presentation. Sallie DeMarsilis, Executive Vice President, Chief Operating Officer and Chief Financial Officer, will join Mr. Grinberg for investor meetings held during the conference.
Movado’s stock price has taken a beating over the past six months, shedding 20.4% of its value and falling to $20.03 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the apparel and accessories industry, including Ralph Lauren (NYSE:RL) and its peers.
Luxury watch company Movado (NYSE:MOV) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 2.6% year on year to $182.7 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $665 million at the midpoint. Its GAAP profit of $0.22 per share was 31.3% below analysts’ consensus estimates.
