Movado Group, Inc. Announces Third Quarter Fiscal 2026 Results
Core Insights - Movado Group, Inc. reported third quarter net sales of $186.1 million, reflecting a 3.1% increase from $180.5 million in the same quarter of fiscal 2025 [1] - The company achieved a gross margin of 54.3%, which is an expansion of 80 basis points compared to 53.5% in the third quarter of fiscal 2025 [1] - Operating income for the third quarter reached $11.7 million, nearly doubling from $6.0 million in the prior year’s third quarter [1]