Movado Group (MOV) Tops Q3 EPS by 10c; Lowers FY23 Revenue Outlook

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Movado Group, Inc. Announces Third Quarter Results

November 22, 2022 6:45 AM EST

~ Net Sales of $211.4 million; $225.1 million in Constant Currency ~

~ Operating Income of $38.3 million or 18.1% of Net Sales ~

~ EPS of $1.28 and Adjusted EPS of $1.31 ~

~ Company Updates Outlook ~

~ Board Declares Quarterly Dividend ~

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

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