Movado Q2 net sales $161.8M (+3.1%), adjusted EPS $0.23, declares $0.35 dividend

MOVADO GROUP INC

2026-Q2 EPS reported $0.20 revenue$293,598,000

Net sales $161.8M (+3.1% YoY); gross margin 54.1%; operating income $4.0M (incl. $2.1M investigation costs).
Adjusted operating income $7.0M; adjusted diluted EPS $0.23 vs GAAP $0.13.
International net sales +6.9% (+3.9% constant $); U.S. -1.6%; licensed brands and company stores led growth.
Board declares quarterly dividend $0.35/share, payable Sep 22, 2025, record Sep 8, 2025.
No FY2026 guidance provided due to tariff uncertainty; cash $180.5M, no debt.

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