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Movado Group Expects Fiscal 2025 Net Sales To Be In A Range Of $700M-$710M Vs. $689.9M Estimate, Earnings Per Share Of $1.20-$1.30

Author: Benzinga Newsdesk | March 26, 2024 06:54am

The Company expects fiscal 2025 net sales to be in a range of approximately $700 million to $710 million, gross profit of approximately 55% of net sales, and operating income in a range of approximately $32 million to $35 million. Assuming no changes to current tax regulations, the Company anticipates an effective tax rate of approximately 22% for the fiscal year and earnings in a range of approximately $1.20 to $1.30 per diluted share.

Posted In: MOV


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