Movado Group (MOV) Tops Q2 EPS by 36c; Trims FY Revenue Outlook Modestly

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Movado Group, Inc. Announces Second Quarter Results

August 25, 2022 6:45 AM EDT

~ Net Sales Increase 5.1% to $182.8 million ~

~ Net Sales Increase 10.5% on Constant Currency Basis ~

~ Operating Income Increases to $30.7 million from $24.6 million ~

~ EPS of $1.05 and Adjusted EPS of $1.07 ~

~ Board Declares Quarterly Dividend ~

PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV) today announced second quarter and six-month results for the periods ended July 31, 2022.

Fiscal 2023 Second Quarter Highlights (See table below for GAAP and Non-GAAP... More