The Latest Breaking News from Movado

The retail industry continues to do well despite surging commodity prices, supply chain disruptions, and labor shortages, thanks to the expansion of e-commerce. Therefore, fundamentally strong retail stocks, such as Buckle, Inc. (BKE), J.Jill, Inc. (JILL), and Movado Group (MOV), could be promising investments. On the other hand, avoiding The…

Movado Group (MOV) reported revenue growth across its segments in the last quarter and anticipated its earnings to soar over the coming quarters. Also, the stock has been recently upgraded to Strong Buy in our proprietary rating system. Read on to know why we think it’s an excellent addition to…

Investors' concerns over the possibility of aggressive interest rate hikes and the persistent geopolitical tensions have led to market sell-offs. The overall pressure on the stock market pushed fundamentally sound stocks Stellantis (STLA), Movado (MOV), and Bluegreen Vacations (BVH) into the oversold territory. However, considering their long-term growth prospects, these…

Movado Group (NYSE:MOV) reported fourth-quarter FY22 sales growth of 15.5% year-on-year, to $205.98 million, beating the consensus of $191 million. The gross margin expanded 220 basis points to 58.7%, and the gross profit rose 19.8% Y/Y to $120.8 million. The operating margin was 18.5%, and operating income for the quarter rose 47.5% to…