Movado Group Inc (MOV) Earnings Report, Financial Results, Financial analysis

Movado Group Inc reported in III. Quarter net earnings per share of $1.33 an increase by 111.11 % year on year from $0.63 and an improvement of 62.2 % from $0.82 realized in II. Quarter (Jul 31 2021).

*III. Quarter*
Earnings Per Share	Revenues
$ 1.33	$ 218 Mill
$+0.70 +111.11 %	$+48M +28.19 %

Movado Group Inc 's Revenue rose by 28.19 % in III. Quarter (Oct 31 2021) year on year, to $218 million and advanced by 25.23 % sequentially.

Movado Group Inc is Expected to report next financial results on March 03, 2022.

More on MOV's Income Statement

MOV's NET INCOME

Movado Group Inc 's net income of $32 million in III. Quarter increased by 112.78 % from net earnings of $15 million achieved in III. Quarter a year ago.

Sequentially net earnings grew by 63.88 % from net income of $19.40 million realized in previous quarter.

More on MOV's Growth

Inventories declined by -3.46 % to $170.71 million from III. Quarter a year ago, sequentially inventories fell by -6.86 %. MOV's Cash flow In III. Quarter company's net cash flow was $2 million, capital expenditures fell by 216.39%, to $-2 millions compare to same quarter a year ago and fell by 30.18% from II. Quarter (Jul 31 2021).

More on MOV's Cash flow Statement

Earnings quality

Movado Group Inc payed out dividend of $1.47 per share in last 52 weeks representing 14.11 % of net earning per share in trailing twelve-month period.

During the same period Movado Group Inc earned $ 4.82 cash per share, on a free-cash flow basis 46.28 % of net earning per share.

Book value grew by 5.23 % sequentially to $19.37 per share, 25.49% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 18.75 per share from $ 17.75.

Company repurchased 0.14 million shares or 0.59 % in III. Quarter.
Interest Coverage Ratio was 272.89. Debt Coverage Ratio was 39.18.

• More on MOV's Dividends

Market Capitalization (Millions)	1,059
Shares Outstanding (Millions)	24
Total Debt (Millions $)	-
Revenue (TTM) (Millions $)	899
Net Income (TTM) (Millions $)	245
Cash Flow (TTM) (Millions $)	39
Capital Exp. (TTM) (Millions $)	-4
Dividend TTM ($)	1.47 $
Dividend Yield TTM (%)	1.74 %
Employees (TTM) $	1,100

Earnings quality

• More on MOV's Balance Sheets

Market Capitalization (Millions)	1,059
Shares Outstanding (Millions)	24
Total Debt (Millions $)	-
Revenue (TTM) (Millions $)	899
Net Income (TTM) (Millions $)	245
Cash Flow (TTM) (Millions $)	39
Capital Exp. (TTM) (Millions $)	-4
Dividend TTM ($)	1.47 $
Dividend Yield TTM (%)	1.74 %
Employees (TTM) $	1,100

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Movado Group Inc

MOV's Financial Statements and Analysis