MOVADO GROUP INC
For the period ended May 30, 2024. Filed May 30, 2024.
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May 30, 2024 · Filed May 30, 2024
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MOV$31.03-0.5%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In thousands, except per share data)
(In thousands, except per share data)
| Three Months Ended | ||
|---|---|---|
| April 30, | ||
| 2024 | 2023 | |
| Net sales | $136,669 | $144,905 |
| Cost of sales | 61,156 | 62,902 |
| Gross profit | 75,513 | 82,003 |
| Total operating expenses | 72,202 | 71,104 |
| Operating income | 3,311 | 10,899 |
| Non-operating income/(expense): | ||
| Other income, net | 2,172 | 1,025 |
| Interest expense | (118) | (113) |
| Income before income taxes | 5,365 | 11,811 |
| Provision for income taxes | 2,302 | 2,534 |
| Net income | 3,063 | 9,277 |
| Less: Net income attributable to noncontrolling interests | 172 | 149 |
| Net income attributable to Movado Group, Inc. | $2,891 | $9,128 |
| Diluted Income Per Share Information | ||
| Net income per share attributable to Movado Group, Inc. | $0.13 | $0.40 |
| Weighted diluted average shares outstanding | 22,673 | 22,672 |
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