earnings
confidence high
sentiment negative
materiality 0.80
Movado Group cuts FY2025 outlook; Q2 EPS falls to $0.16 from $0.36
MOVADO GROUP INC
2025-Q2 EPS reported
$0.29
revenue$295,982,000
- Q2 net sales $159.3M (-0.7% YoY); operating income $3.0M vs $9.6M; EPS $0.16 vs $0.36.
- FY2025 guidance lowered: net sales $665-675M (prior $700-710M), EPS $0.90-$1.00 (prior $1.20-$1.30).
- Board declares $0.35 quarterly dividend, payable Sept 30, record Sept 16.
- Movado brand sales +1.4% driven by 21% DTC growth offsetting 5.5% wholesale decline.
- Cash $198.3M, no debt; share repurchase program has $16.8M remaining.