Movado group, inc. announces third quarter results

Paramus, n.j.--(business wire)--movado group, inc. (nyse: mov) today announced third quarter and nine-month results for the periods ended october 31, 2023. fiscal 2024 third quarter highlights (see table below for gaap and non-gaap measures) reported net sales of $187.7 million versus $211.4 million in the third quarter of fiscal 2023; generated gross margin of 54.5% compared to 57.3% in the prior year period; generated operating income of $20.7 million as compared to $38.3 million in the prior.
MOV Ratings Summary
MOV Quant Ranking