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Movado Group, Inc. Announces Second Quarter Fiscal 2026 Results

1. Movado reported net sales of $161.8 million, up from $157.0 million. 2. Operating income is $4.0 million, impacted by internal investigation fees.

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FAQ

Why Neutral?

The slight increase in sales is positive, but the impact of investigation fees raises concerns about management and future profitability, similar to past challenges faced by other companies undergoing investigations that led to reduced investor confidence.

How important is it?

Sales growth is a positive indicator, but ongoing issues and professional fees indicate potential underlying risks that could undermine investor sentiment.

Why Short Term?

The immediate financial results reflect ongoing operations but are overshadowed by investigation uncertainties, which can lead to short-term price volatility, as seen with companies like Under Armour during their investigation phases.

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PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced second quarter and six-month results for the periods ended July 31, 2025. Fiscal 2026 Second Quarter Highlights Net sales of $161.8 million versus $157.0 million in the second quarter of fiscal 2025; Gross margin of 54.1% compared to 54.3% in the prior year period; Operating income of $4.0 million, including $2.1 million in professional fees related to the previously announced internal investigation and $0.9 million.

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