Movado Group Inc reported in III. Quarter net earnings per share of $1.28 a decrease by -3.76 % year on year from $1.33 and an improvement of 21.9 % from $1.05 realized in II. Quarter (Jul 31 2022).
III. Quarter
Earnings Per Share
Revenues
$ 1.28
$
211 Mill
$-0.05-3.76 %
$-6M-2.92 %
Movado Group Inc 's Revenue
fell by
-2.92 % in III. Quarter (Oct 31 2022) year on year,
to $211 million and
advanced by
15.64 % sequentially.
Movado Group Inc is Expected to report next financial results on March 23, 2023.
Movado Group Inc 's
net income of $30.111 million in III. Quarter decreased by -5.3 % from net earnings of $31.795 million achieved in III. Quarter a year ago.
Sequentially
net earnings grew by 23.73 % from net income of $24.337 million realized in previous quarter.
Inventories grew by 25.95 % to $215 million from III. Quarter a year ago, sequentially inventories fell by -0.01 %.
In III. Quarter company's net cash and cash equivalents decreased by $-16 million, capital expenditures grew by -4.03%, to $-2 millions compare to same quarter a year ago and fell by 11.76% from II. Quarter (Jul 31 2022).
