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Stock impact report

Movado: Improving Fundamentals Point To Strong Holiday Numbers For Q4 [Seeking Alpha]

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: Seeking Alpha
Q3 results showed 3.1% sales growth, gross margin expansion to 54.3%, and significant operating profit improvement, supporting optimism for sustained profitability. MOV's valuation remains attractive, with P/S and P/B below sector medians, and an adjusted return on capital of 7.34% when accounting for its large cash position. The 6% dividend yield is intact, balance sheet is strong with $183.9 million in cash and no debt, with the recently announced tariff relief offers a forward catalyst. IvelinRadkov/iStock via Getty Images Intro We last wrote about Movado Group , Inc. ( MOV ) in September of last year, when we maintained our 'Hold' rating on the worldwide watch distributor. Shares were trading at $18.48 at the time and had just broken below This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this arti Show less Read more
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