Movado Q4 sales up 3.3% to $181.5M; FY2025 EPS $0.81, adjusted $1.12; no FY2026 outlook due to tariffs

MOVADO GROUP INC

FY2025 net sales $653.4M (-1.7% YoY); operating income $20.0M; adjusted operating income $27.1M.
Q4 net sales $181.5M (+3.3% YoY); GAAP EPS $0.36; adjusted EPS $0.51.
Board declared $0.35 quarterly dividend, payable May 6, 2025 to holders of record April 22.
Company targets $10M annualized cost savings and plans $15-20M marketing spend reduction in FY2026.
No FY2026 guidance provided due to tariff uncertainty; expects selective price increases to partially offset.

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