secwatch.observer — SEC 8-K summary
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Issuer:     MOVADO GROUP INC (MOV)
CIK:        0000072573
Form:       8-K
Filed at:   2022-11-22T23:59:59+00:00
Accession:  0000950142-22-003236
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Movado Q3 adjusted EPS $1.31, constant-currency sales +3.4%; cuts FY outlook
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- GAAP EPS $1.28, adjusted EPS $1.31; revenue $211.4M (-2.9% reported, +3.4% constant currency).
- International sales up 10.2% constant currency; U.S. down 5.9%.
- FY23 net sales guidance lowered to $740-750M from $780-790M; op income $120-125M.
- Quarterly dividend $0.35/share payable Dec 16; $24.3M remaining in buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72573/000095014222003236/0000950142-22-003236-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72573/000095014222003236/eh220307231_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-22-003236

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