earnings
confidence high
sentiment negative
materiality 0.75
Movado Group Q3 revenue drops 2.6% to $182.7M; EPS $0.22 ($0.37 adj); cuts FY2025 guidance to low end
MOVADO GROUP INC
2025-Q3 EPS
reported $0.52
vs consensus $0.31
▲ beat
(+68.2%)
- Net sales $182.7M, -2.6% YoY; U.S. -7.1%, international +0.4% on tighter retail inventory management.
- GAAP operating income $6.6M vs $20.7M prior year; adjusted operating income $9.3M.
- Cash $181.5M, no debt; board approves new $50M share repurchase program and $0.35 quarterly dividend.
- FY2025 outlook lowered to net sales ~$665M, operating income ~$23M, EPS $0.90 (low end of prior range).
- Cost-savings initiative to generate ~$6.5M annualized savings; includes headcount reduction.