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Movado Group Q2 Adj EPS $0.38 Beats $0.34 Estimate, Sales $160.40M Miss $165.00M Estimate

Author: Benzinga Newsdesk | August 24, 2023 06:46am

Movado Group (NYSE:MOV) reported quarterly adj earnings of $0.38 per share which beat the analyst consensus estimate of $0.34 by 11.76 percent. This is a 64.49 percent decrease over earnings of $1.07 per share from the same period last year. The company reported quarterly sales of $160.40 million which missed the analyst consensus estimate of $165.00 million by 2.79 percent. This is a 12.26 percent decrease over sales of $182.80 million the same period last year.

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