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Stock impact report

Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2024 Results

Movado Group Inc. (MOV) 
Last movado group inc. earnings: 3/26 06:45 am Check Earnings Report
US:NYSE Investor Relations: movadogroup.com/investor/index.cfm
Company Research Source: Business Wire
~ Fiscal 2024 Net Sales of $672.6 million ~~ Fiscal 2024 EPS of $2.06 and Fiscal 2024 Adjusted EPS of $2.13 ~~ Fourth Quarter Net Sales of $179.6 million ~~ Fourth Quarter EPS of $0.53 and Fourth Quarter Adjusted EPS of $0.55 ~~ Board Declares Quarterly Dividend ~~ Launches Investment Growth Strategy ~ PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced fourth quarter and fiscal year 2024 results for the periods ended January 31, 2024.Fiscal Year 2024 Highlights (See attached table for GAAP and Non-GAAP measures)Delivered net sales of $672.6 million vs. $751.9 million in fiscal 2023;Generated operating income of $54.7 million as compared to $120.4 million in the prior year period; Adjusted operating income of $56.8 million as compared to $123.2 million;Achieved diluted earnings per share of $2.06 as compared to $4.12 in the prior year period; Adjusted diluted earnings per share of $2.13 as compared to $4.22;Strong operating cashflow of $76.8 million, up 4 Show less Read more
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