MOVADO GROUP INC
For the period ended Apr 16, 2025. Filed Apr 16, 2025.
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Apr 16, 2025 · Filed Apr 16, 2025
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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 · Twelve Months Ended | ||||
|---|---|---|---|---|
| January 31, | January 31, | |||
| 2025 | 2024 | 2025 | 2024 | |
| (As Restated) · (As Restated) | ||||
| Net sales | $181,475 | $175,753 | $653,378 | $664,389 |
| Cost of sales | 83,137 | 81,659 | 300,238 | 300,230 |
| Gross profit | 98,338 | 94,094 | 353,140 | 364,159 |
| Total operating expenses | 89,116 | 83,311 | 333,125 | 315,689 |
| Operating income | 9,222 | 10,783 | 20,015 | 48,470 |
| Non-operating income/(expense): | ||||
| Other income, net | 1,554 | 1,800 | 7,125 | 5,994 |
| Interest expense | (117) | (136) | (489) | (497) |
| Income before income taxes | 10,659 | 12,447 | 26,651 | 53,967 |
| Provision for income taxes | 2,201 | 2,348 | 7,442 | 11,792 |
| Net income | 8,458 | 10,099 | 19,209 | 42,175 |
| Less: Net income attributable to noncontrolling interests | 405 | 262 | 845 | 830 |
| Net income attributable to Movado Group, Inc. | $8,053 | $9,837 | $18,364 | $41,345 |
| Diluted Income Per Share Information | ||||
| Net income per share attributable to Movado Group, Inc. | $0.36 | $0.43 | $0.81 | $1.83 |
| Weighted diluted average shares outstanding | 22,534 | 22,708 | 22,603 | 22,641 |
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