Movado Group reports record Q4 and FY2022 revenue; raises quarterly dividend 40% to $0.35

MOVADO GROUP INC

2022-FY EPS reported $3.87 revenue$732,393,000

FY2022 net sales $732.4M (+44.6% YoY); diluted EPS $3.87 (adjusted $3.94).
Q4 net sales $206.0M (+15.5% YoY); diluted EPS $1.33 (adjusted $1.32).
Board approves 40% dividend increase to $0.35/share, payable Apr 20, 2022 to holders of record Apr 6.
FY2023 outlook: net sales $780-800M, operating income $125-130M, gross margin ~58%.
Ended Q4 with $277.1M cash, no debt; plans to accelerate share repurchases with $52.4M remaining.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.