Movado Group(MOV)
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Movado Group(MOV) - 2025 Q3 - Earnings Call Transcript
2024-12-05 20:50
Movado Group, Inc. (NYSE:MOV) Q3 2025 Earnings Call Transcript December 5, 2024 9:00 AM ET Company Participants Allison Malkin - ICR Efraim Grinberg - Chairman and CEO Sallie DeMarsilis - EVP, COO and CFO Conference Call Participants Michael Legg - The Benchmark Company Operator Good day, everybody, and welcome to the Movado Group, Incorporated Third Quarter Fiscal Year 2025 Earnings Conference Call. As a reminder, today's call is being recorded and may not be reproduced in full or in part without permissio ...
Movado Group(MOV) - 2025 Q3 - Quarterly Report
2024-12-05 14:41
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended October 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-16497 MOVADO GROUP, INC. (Exact Name of Registrant as Specified in its Charter) New York 13-2595932 (State or Other Jurisdiction of Incorpora ...
Movado Group(MOV) - 2025 Q3 - Quarterly Results
2024-12-05 12:25
EXHIBIT 99.1 CONTACT: ICR, Inc. Allison Malkin 203-682-8225 MOVADO GROUP, INC. ANNOUNCES THIRD QUARTER RESULTS ~ Net Sales of $182.7 million ~ ~ Operating Income of $6.6 million and Adjusted Operating Income of $9.3 million ~ ~ EPS of $0.22 and Adjusted EPS of $0.37 ~ ~ Updates Fiscal Year 2025 Outlook ~ ~ Board Approves New Share Repurchase Program and Declares Quarterly Dividend of $0.35 Per Share ~ Paramus, NJ – December 5, 2024 -- Movado Group, Inc. (NYSE: MOV) today announced third quarter and nine-mon ...
Amentum Set to Join S&P 500; Bath & Body Works to Join S&P SmallCap 600
Prnewswire· 2024-09-24 22:13
NEW YORK, Sept. 24, 2024 /PRNewswire/ -- Amentum Holdings Inc. (NYSE: AMTM) will be added to the S&P 500 effective prior to the open of trading on Monday, September 30, replacing Bath & Body Works, Inc. (NYSE: BBWI), which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Tuesday, October 1. Bath & Body Works will replace Movado Group, Inc. (NYSE: MOV) in the S&P SmallCap 600 also effective prior to the open of trading on October 1. S&P 500 constituent Jacob's Solutions Inc. (N ...
Movado Q2: Higher Marketing Spend Shows Little Returns So Far
Seeking Alpha· 2024-09-11 06:44
anamejia18/iStock via Getty Images Movado Group, Inc. (NYSE:MOV) (OTCPK:MOVAA) reported the company's Q2 results on the 5th of September, sending the stock down -15% - the company's extensive marketing efforts and spending haven't started paying off as wanted yet, and Movado had to lower its FY2025 outlook as a result. In my previous, June 19th article on the stock, "Movado: Brand Weakness Is More Than Temporary", I initiated the stock at a Sell rating due to Movado's clearly underperforming watch brands an ...
Why Movado Stock Got Thrashed on Thursday
The Motley Fool· 2024-09-05 22:11
Eroding financials and lowered guidance didn't make for a beneficial combination. Many of Movado Group's (MOV -14.66%) goods are quite attractive, but the company's stock wasn't looking too pretty on Thursday. On the back of dispiriting quarterly results, investors peeled away from the stock, leaving it nearly 15% down in price at market close. The benchmark S&P 500 index did much better by comparison, "only" shedding 0.3% during the session. Revenue and profitability declines Movado's second quarter of fis ...
Movado Group(MOV) - 2025 Q2 - Earnings Call Transcript
2024-09-05 16:59
Movado Group, Inc. (NYSE:MOV) Q2 2025 Earnings Conference Call September 5, 2024 9:00 AM ET Company Participants Allison Malkin – Investor Relations-ICR, Inc. Efraim Grinberg – Chief Executive Officer Sallie DeMarsilis – Executive Vice President, Chief Operating Officer and Chief Financial Officer Conference Call Participants Michael Legg – The Benchmark Company Operator Good day everyone, and welcome to Movado Group, Incorporated Second Quarter Fiscal Year 2025 Earnings Conference Call. As a reminder, toda ...
Movado Group(MOV) - 2025 Q2 - Quarterly Report
2024-09-05 13:44
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended July 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-16497 MOVADO GROUP, INC. (Exact Name of Registrant as Specified in its Charter) New York 13-2595932 (State or Other Jurisdiction of Incorporatio ...
Movado Group(MOV) - 2025 Q2 - Quarterly Results
2024-09-05 11:00
EXHIBIT 99.1 CONTACT: ICR, Inc. Allison Malkin 203-682-8225 MOVADO GROUP, INC. ANNOUNCES SECOND QUARTER RESULTS ~ Net Sales of $159.3 million ~ ~ Operating Income of $3.0 million ~ ~ EPS of $0.16 ~ ~ Updates Fiscal Year 2025 Outlook ~ ~ Board Declares Quarterly Dividend of $0.35 Per Share ~ Paramus, NJ – September 5, 2024 -- Movado Group, Inc. (NYSE: MOV) today announced second quarter and six-month results for the periods ended July 31, 2024. Efraim Grinberg, Chairman and Chief Executive Officer, stated, " ...
Movado Group(MOV) - 2025 Q1 - Earnings Call Transcript
2024-05-30 18:47
We had planned our Movado company stores to be down for the first half, as we didn't anniversary certain programs this spring. We would expect that our outlet business will return to growth in the second half, which should benefit from our new exciting advertising campaign in support of the Movado brand. In our Licensed Brand division, sales were down 4.8% during the quarter. We expect results to improve throughout the year with a return to growth for the 12 months. We're seeing particular strength in our l ...