NYSE$MOV
Movado Group Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported second quarter results with net sales of $160.4 million and EPS of $0.36.
Movado Group reported second quarter net sales of $160.4 million and EPS of $0.36. The company is updating its fiscal year 2024 outlook to reflect the challenging consumer discretionary environment.
- Net sales reached $160.4 million.
- Operating income was $9.6 million, with an adjusted operating income of $10.3 million.
- EPS stood at $0.36, and adjusted EPS was $0.38.
- The board declared a quarterly dividend of $0.35 per share.
Headline financials
Revenue & EPS history
Movado · Revenue · Quarterly
$160M
Forward guidance
The Company is revising its previously provided outlook to reflect the continued expected impact of the challenging consumer discretionary environment on the business.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2024
+2.6%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+0.1%
Avg return
30 days after
60%
39 / 65 earnings
Positive
+30.8%
Q4 2021
Best reaction
-20.8%
Q3 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | — | — | — | |
| Q4 2026 | -1.6% | +3.3% | +23.3% | |
| Q3 2026 | +6.4% | +7.7% | +6.5% | |
| Q2 2026 | +1.9% | +7.6% | +7.8% | |
| Q1 2026 | -7.2% | -6.8% | -11.2% | |
| Q4 2025 | +4.3% | -1.3% | +10.2% | |
| Q3 2025 | +0.0% | +0.4% | -4.4% | |
| Q2 2025 | -16.3% | -17.9% | -13.6% | |
| Q1 2025 | -1.0% | -2.8% | -7.1% | |
| Q4 2024 | +4.2% | +5.3% | -0.8% | |
| Q3 2024 | -10.0% | -6.7% | +4.0% | |
| Q2 2024 | -1.0% | +2.9% | -0.2% | |
| Q1 2024 | +0.5% | -0.1% | +2.9% | |
| Q4 2023 | -15.9% | -11.9% | -19.0% | |
| Q3 2023 | -8.5% | -8.2% | -10.0% | |
| Q2 2023 | -1.5% | -2.5% | -14.3% | |
| Q1 2023 | +14.0% | +5.9% | +2.2% | |
| Q4 2022 | +10.1% | +15.9% | +9.5% | |
| Q3 2022 | +19.4% | +13.8% | +1.5% | |
| Q2 2022 | +10.0% | +5.3% | -2.0% | |
| Q1 2022 | -9.0% | -2.9% | +3.3% | |
| Q4 2021 | +30.8% | +30.5% | +44.3% | |
| Q3 2021 | +8.2% | +6.9% | +4.2% | |
| Q2 2021 | +2.4% | +0.9% | -5.8% | |
| Q1 2021 | -9.7% | -11.0% | -32.4% | |
| Q4 2020 | +11.4% | +17.3% | -8.8% | |
| Q3 2020 | -20.8% | -22.4% | -14.4% | |
| Q2 2020 | -15.2% | -13.8% | +0.9% | |
| Q1 2020 | -16.1% | -13.2% | -12.1% | |
| Q4 2019 | +11.5% | +3.8% | +6.1% | |
| Q3 2019 | +4.6% | -10.0% | -13.5% | |
| Q2 2019 | -14.4% | -13.8% | -15.2% | |
| Q1 2019 | +16.4% | +23.9% | +14.5% | |
| Q4 2018 | +16.0% | +13.1% | +20.2% | |
| Q3 2018 | +2.2% | -1.4% | +10.7% | |
| Q2 2018 | +14.5% | +14.9% | +17.6% | |
| Q1 2018 | -4.5% | -4.5% | +6.2% | |
| Q4 2017 | +3.2% | -0.8% | -1.1% | |
| Q3 2017 | +10.3% | +14.0% | +11.8% | |
| Q2 2017 | -3.9% | -4.7% | -5.8% | |
| Q1 2017 | -6.4% | -13.6% | -13.8% | |
| Q4 2016 | -4.9% | — | — | |
| Q3 2016 | +11.9% | — | — | |
| Q2 2016 | +27.6% | — | — | |
| Q1 2016 | -5.0% | — | — | |
| Q4 2015 | +20.6% | — | — | |
| Q3 2015 | +3.8% | — | — | |
| Q2 2015 | -11.9% | — | — | |
| Q1 2015 | +1.2% | — | — | |
| Q4 2014 | +9.3% | — | — | |
| Q3 2014 | -2.7% | — | — | |
| Q2 2014 | +12.8% | — | — | |
| Q1 2014 | +1.8% | — | — | |
| Q2 2011 | +1.1% | — | — | |
| Q4 2013 | -13.8% | — | — | |
| Q3 2013 | +8.2% | — | — | |
| Q2 2013 | +16.9% | — | — | |
| Q1 2013 | -8.0% | — | — | |
| Q1 2012 | -8.0% | — | — | |
| Q4 2012 | +5.8% | — | — | |
| Q2 2012 | +5.8% | — | — | |
| Q4 2010 | +5.8% | — | — | |
| Q3 2012 | +18.5% | — | — | |
| Q3 2011 | +18.5% | — | — | |
| Q4 2011 | +2.8% | — | — | |
| Q1 2011 | +10.8% | — | — |
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