Amendment: SEC Form SC 13G/A filed by Movado Group Inc.
$MOV
Consumer Specialties
Consumer Discretionary
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/29/2023 | $41.00 | Buy | The Benchmark Company |
Benchmark analyst Michael Legg reiterates Movado Group (NYSE:MOV) with a Buy and maintains $41 price target.
Benchmark analyst Michael Legg reiterates Movado Group (NYSE:MOV) with a Buy and maintains $41 price target.
Movado Group Inc. (NYSE:MOV) shares are trading lower after the company reported first-quarter results. The company reported quarterly earnings per share of 13 cents, beating the street view of 12 cents. Quarterly revenues of $136.669 million missed the analyst consensus of $145.200 million. Net sales decreased 5.7% (decreased 6.1% on a constant dollar basis), owing to declines in wholesale customers’ brick and mortar stores and Movado Company Stores. Movado generated a gross margin of 55.3% in the quarter under review, as compared to 56.6% in the year-ago period. The decrease in gross margin percentage was primarily the result of unfavorable changes in channel and product mix, a
The Benchmark Company initiated coverage of Movado Group with a rating of Buy and set a new price target of $41.00
8-K - MOVADO GROUP INC (0000072573) (Filer)
8-K - MOVADO GROUP INC (0000072573) (Filer)
8-K - MOVADO GROUP INC (0000072573) (Filer)
4 - MOVADO GROUP INC (0000072573) (Issuer)
4 - MOVADO GROUP INC (0000072573) (Issuer)
4 - MOVADO GROUP INC (0000072573) (Issuer)
~ 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 ~ 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, "While increased marketing investment coupled with our initiatives to enhance retail performance drove improvement in our sales trend from the first quarter, second quarter sales and earnings were below our expectations due to the challenging consumer spending environment compounded by increased expenses to support future
Movado Group, Inc. (NYSE:MOV) invites investors to listen to a broadcast of the Company's conference call to discuss second quarter fiscal year 2025 earnings results on Thursday, September 5, 2024 at 9:00 a.m. Eastern Time. A press release detailing the Company's second quarter fiscal year 2025 results will be issued before the market opens and prior to the call. The conference call will be hosted by Efraim Grinberg, Chairman and Chief Executive Officer, and Sallie DeMarsilis, Executive Vice President, Chief Operating Officer and Chief Financial Officer. Investors and analysts interested in participating on the call are invited to dial (877) 407-0784 and reference conference ID number 137
~ Net Sales of $136.7 million ~ ~ Operating Income of $3.3 million ~ ~ EPS of $0.13 ~ ~ Board Approves Quarterly Dividend of $0.35 Per Share ~ Movado Group, Inc. (NYSE:MOV) today announced first quarter fiscal 2025 results for the period ended April 30, 2024. Fiscal 2025 First Quarter Highlights Delivered net sales of $136.7 million vs. $144.9 million in the prior year period; Generated gross margin of 55.3% as compared to 56.6% in the first quarter of fiscal 2024; Generated operating income of $3.3 million as compared to $10.9 million in the prior year period; Achieved diluted earnings per share of $0.13 as compared to $0.40 in the prior year period; and Ended the
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. (NYSE:J) is spinning off its Critical Mission Solutions and Cyber Intelligence business, which will merge with private Amentum to create newly publicly traded Amentum Holdings in a transaction
Movado Group, Inc. (NYSE:MOV) today announced the appointment of Debbie Forman-Pavan to President of North America Sales. In this role, Ms. Forman-Pavan will be responsible for leading all avenues of sales across North America, while increasing revenue growth, and continuing to support the solid foundation of the business. Ms. Forman-Pavan is assuming this role from Alan Chinich, who has announced his retirement after nineteen years with the Company. Mr. Chinich will remain as an advisor to support the transition until his retirement at the beginning of July. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240402568130/en/Debbie
Movado Group, Inc. (NYSE:MOV) today announced the appointment of Michelle Kennedy to Senior Vice President, Human Resources, effective immediately. In this role, Ms. Kennedy will be responsible for the Company's global human resources strategy and operations; talent management, including recruitment and leadership development; and compensation and benefits. Previously, the position was held by Vivian D'Elia, who has been with Movado Group for close to 30 years, and will remain with the Company as an advisor to support the transition until her retirement at the beginning of July. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230
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. (NYSE:J) is spinning off its Critical Mission Solutions and Cyber Intelligence business, which will merge with private Amentum to create newly publicly traded Amentum Holdings in a transaction
~ 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 ~ 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, "While increased marketing investment coupled with our initiatives to enhance retail performance drove improvement in our sales trend from the first quarter, second quarter sales and earnings were below our expectations due to the challenging consumer spending environment compounded by increased expenses to support future
Movado, Swiss watchmaker since 1881, makes its next move and partners with legendary and emerging icons from Music, Sports, & Film MOVADO (NYSE:MOV) is proud to announce its new roster of brand ambassadors starring in "When I Move You Move," the brand's new global campaign featuring legendary and emerging icons in acting, music, sports, and business. The campaign includes renowned actress and entrepreneur Jessica Alba, legendary Academy Award winning actress Julianne Moore, iconic Grammy Award winning rapper, actor and entrepreneur Ludacris, Pro Bowl and All-Pro running back Christian McCaffrey, and All-Star point guard and 2024 Team USA Summer Olympics team member and gold medalist, Tyre
SC 13G/A - MOVADO GROUP INC (0000072573) (Subject)
SC 13G/A - MOVADO GROUP INC (0000072573) (Subject)
SC 13G/A - MOVADO GROUP INC (0000072573) (Subject)