MOV - Why Movado Group Shares Are Falling Today | Benzinga
Movado Group Inc. (NYSE:MOV) shares are trading lower in the morning session on Tuesday.
The company reported fourth-quarter adjusted earnings per share of 55 cents, beating the analyst consensus of 39 cents.
Quarterly revenue of $179.62 million beat the street view of $174.80 million. The company generated a gross margin of 53.9% as compared to 56.2% in the fourth quarter of fiscal 2023.
Movado reported a fourth-quarter adjusted operating income of $13.8 ...