MOVADO GROUP, INC.
Income Statement
| Line Item | Jul 2026 | Apr 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | Jul 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $169.8M | $142.4M | $186.1M | $161.8M | $131.8M | $181.5M | $180.5M | $157.0M |
| Cost of Revenue | $68.9M | $60.8M | $85.1M | $74.3M | $60.4M | — | $83.9M | $71.7M |
| Gross Profit | $100.8M | $81.6M | $101.1M | $87.6M | $71.4M | $98.3M | $96.6M | $85.3M |
| Gross Margin | 59.4% | 57.3% | 54.3% | 54.1% | 54.1% | 54.2% | 53.5% | 54.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $85.9M | $74.6M | $89.3M | $83.6M | $71.1M | — | $90.6M | $82.6M |
| Operating Income | $14.9M | $7.0M | $11.7M | $4.0M | $291.0K | $9.2M | $6.0M | $2.6M |
| Operating Margin | 8.8% | 4.9% | 6.3% | 2.5% | 0.2% | 5.1% | 3.3% | 1.7% |
| Interest Expense | $108.0K | $102.0K | $136.0K | $110.0K | $111.0K | — | $144.0K | $110.0K |
| Pretax Income | $16.0M | $8.9M | $12.9M | $5.1M | $1.9M | — | $7.4M | $4.4M |
| Income Tax Expense | $3.5M | $1.9M | $3.3M | $2.0M | $660.0K | — | $2.4M | $843.0K |
| Net Income | $12.3M | $6.9M | $9.6M | $3.0M | $1.4M | $8.1M | $4.8M | $3.5M |
| Net Margin | 7.2% | 4.9% | 5.1% | 1.8% | 1.1% | 4.4% | 2.7% | 2.2% |
| EPS (Basic) | $0.55 | $0.31 | $0.43 | $0.13 | $0.06 | $0.36 | $0.22 | $0.16 |
| EPS (Diluted) | $0.53 | $0.30 | $0.42 | $0.13 | $0.06 | $0.36 | $0.21 | $0.15 |
| Shares Outstanding (Basic) | 22.3M | 22.2M | 22.2M | 22.3M | 22.3M | — | 22.3M | 22.3M |
| Shares Outstanding (Diluted) | 23.1M | 22.8M | 22.7M | 22.6M | 22.5M | — | 22.6M | 22.7M |
| Dividends Per Share | $0.40 | $0.35 | $0.35 | $0.35 | $0.35 | — | $0.35 | $0.35 |