Movado Q1 EPS $0.30 vs $0.06 YoY; sales up 8% to $142.4M; dividend raised 14% to $0.40

MOVADO GROUP INC

Net sales $142.4M, up 8.1% YoY (4.5% constant-currency); US sales +8.7%, international +7.6%.
GAAP EPS $0.30; adjusted EPS $0.32; operating income $7.0M vs $0.3M YoY; gross margin improved 320 bps to 57.3%.
Board approved $0.05 dividend increase to $0.40/share; payable June 24, record June 10; $44.6M remaining under buyback program.
Ended quarter with $225.3M cash, no debt; repurchased 61,000 shares during Q1.
Company declined to provide FY2027 outlook citing economic/geopolitical uncertainty, notes Q2 sales growth may moderate.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MOVADO GROUP INC reported first quarter fiscal 2027 results: revenue $142.4 million, net income $6.9 million, EPS $0.30 per diluted share.

Period: first quarter fiscal 2027
Revenue: $142.4 million
Net income: $6.9 million
EPS: $0.30 per diluted share
Result: reported results

Exact text from the filing

2 eh260784585_ex9901.htm EXHIBIT 99.1 EXHIBIT 99.1 CONTACT: ICR, Inc. Allison Malkin 203-682-8200 MOVADO GROUP, INC. ANNOUNCES FIRST QUARTER FISCAL 2027 RESULTS ~ Net Sales of $142.4 million ~ ~ Operating Income of $7.0 million and Adjusted Operating Income of $7.5 million ~ ~ EPS of $0.30 and Adjusted EPS of $0.32 ~ ~ Board Approves $0.05 Increase in

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Source: SEC EDGAR

accession 0000950142-26-001485

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