NYSE$MOV

Movado Group Inc · Q3 2025 earnings

Q3 2025 earnings · · Investor relations

Briefing

Announced third quarter results with net sales of $182.7 million and EPS of $0.22.

Movado Group reported third-quarter results with net sales of $182.7 million, operating income of $6.6 million, and EPS of $0.22. The company is revising its fiscal year 2025 outlook to reflect these results and the continuation of a challenging environment. A new share repurchase program of up to $50 million was approved, and a quarterly dividend of $0.35 per share was declared.

  • Net sales for the third quarter were $182.7 million.
  • Operating income was $6.6 million, with an adjusted operating income of $9.3 million.
  • EPS was reported at $0.22, and adjusted EPS was $0.37.
  • The company approved a new share repurchase program and declared a quarterly dividend of $0.35 per share.

Headline financials

Total Revenue

$183M

Previous: $188M-2.6%
EPS

$0.22

Previous: $0.78-71.8%
Operating Expenses

$90.6M

No prior period
Adjusted Net Income

$8.46M

No prior period
Adjusted Tax Rate

14.5%

No prior period
Gross Margin

53.5%

No prior period
Adjusted Operating Income

$8.77M

No prior period
Capital Expenditures

-$6.37M

Previous: -$6.63M+3.9%
Free Cash Flow

-$1.32M

Previous: $10.8M-112.2%
Net Income

$5.05M

Previous: $17.4M-71.0%
Operating Income

$6.55M

Previous: $20.7M-68.3%
Gross Profit

$98.4M

Previous: $102M-3.8%
Stock-Based Comp

$1.24M

Previous: $1.95M-36.5%

Revenue & EPS history

Movado · Revenue · Quarterly

$183M

Q3 2025-2.6%vs Q3 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

The company is revising its previously provided outlook to reflect third-quarter results and the expected continuation of a challenging environment, including the impact of retailers continuing to tightly manage inventories in both the U.S. and Europe.

Tailwinds

  • Focus on efficient brand-building initiatives
  • Key growth opportunities such as jewelry
  • Key growth opportunities such as emerging markets
  • More streamlined expense base
  • Annualized savings from its cost savings initiative

Headwinds

  • Continuation of a challenging environment
  • Impact of retailers continuing to tightly manage inventories in both the U.S.
  • Impact of retailers continuing to tightly manage inventories in Europe
  • Fiscal 2025 outlook excludes $2.7 million of costs related to its cost-savings initiative
  • Outlook does not contemplate further deterioration due to the impact of economic uncertainty

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 Q3 2025

Historical avgQ3 2025

+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

Earnings price reactions
QuarterReport dateReaction (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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