Shares of Movado Group (NYSE:MOV) fell around 1% in pre-market trading after the company reported Q4 results.Quarterly Results Earnings per share fell 77.61% year over year to $0.15, which missed the estimate of $0.21.Revenue of $190,983,000 lower by 4.21% from the same period last year, which beat the estimate of $185,000,000.Guidance Movado Group hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: Mar 26, 2020View more earnings on MOVTime: 10:03 AM ETWebcast URL: https://www.movadogroup.com/investors/news-and-eventsRecent Stock Performance Company's 52-week high was at $40.20Company's 52-week low was at $8.12Price action over last quarter: down 43.16%Company Description Movado Group Inc designs develop, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. The company generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives majority revenue from the International location.See more from Benzinga * Recap: Viomi Technology Co Q4 Earnings * 17 Healthcare Stocks Moving In Thursday's Pre-Market Session * 7 Technology Stocks Moving In Thursday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Movado Group, Inc. (NYSE: MOV) today announced fourth quarter and fiscal year 2020 results for the periods ended January 31, 2020.
The company's stock has become interesting on its big decline, though it is not for the faint of heart.
Value opportunities may be found among companies that profit off the day dedicated to love Continue reading...
The you know what is about to hit the fan in America's retail sector because of the coronavirus pandemic.
With the first-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the second quarter. One of these stocks was Movado Group, Inc (NYSE:MOV). Is Movado Group, Inc (NYSE:MOV) going […]
Movado Group, Inc. (NYSE: MOV) invites investors to listen to a broadcast of the Company's conference call to discuss fourth quarter and fiscal year 2020 earnings results on Thursday, March 26, 2020 at 9:00 a.m. Eastern Time. A press release detailing the Company’s fourth quarter and fiscal year 2020 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, Chief Financial Officer.
Some big name retail stocks are under severe pressure in the days before Christmas. Here's why.
Q3 2020 Movado Group Inc Earnings Call
Bear of the Day: Movado (MOV)
Unfortunately for some shareholders, the Movado Group (NYSE:MOV) share price has dived 42% in the last thirty days...
Movado Group Inc. said Thursday it was furloughing 850 employees, or about 80% of its North America workforce, in an effort to deal with business disruptions caused by the COVID-19 pandemic. The furloughs will start April 6 and are expected to last through the end of May. The luxury watch seller said it was cutting pay for salaried workers by 15% to 25%, and Chief Executive Efraim Grinberg will forego all salary during the furlough period. In addition, Movado said it will freeze its 401(k) match, cut staff to "minimal levels" at its warehouses and minimize operating expenses and capital expenditures. The stock, which is still inactive in premarket trading, has lost 49.6% over the past three months, while the S&P 500 has declined 24.2%.
Following two disappointing quarters, the company's next progress report should come in late March upon the release of first quarter earnings.
Does the February share price for Movado Group, Inc. (NYSE:MOV) reflect what it's really worth? Today, we will...
Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. While...
NEW YORK, NY / ACCESSWIRE / March 26, 2020 / Movado Group, Inc. (NYSE:MOV) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 26, 2020 at 9:00 AM Eastern ...
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Garmin, Movado and Tesla highlighted as Zacks Bull and Bear of the Day
Movado Group, Inc. (NYSE: MOV) today announced additional measures to ensure the health and safety of its employees and their families, its customers and the communities where it operates, as well as plans for dealing with business disruptions, including expense reductions in response to the impact of COVID-19.
Q4 2020 Movado Group Inc Earnings Call