Movado group, inc. announces fourth quarter and fiscal year 2023 results

Paramus, n.j.--(business wire)--movado group, inc. (nyse: mov) today announced fourth quarter and fiscal year 2023 results for the periods ended january 31, 2023. fiscal year 2023 highlights (see attached table for gaap and non-gaap measures) delivered topline growth of 2.7% or 7.0% on a constant dollar basis year over year; generated gross margin of 57.7% as compared to 57.2% last year; generated operating income of $120.4 million as compared to $117.5 million in the prior year.
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