MOVADO GROUP, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 53.3% | 11.8% | 7.6% |
| FY2017 | 53.3% | 9.8% | 6.3% |
| FY2018 | 52.5% | 7.6% | -2.7% |
| FY2019 | 54.4% | 9.2% | 9.1% |
| FY2020 | 53.5% | 6.1% | 6.1% |
| FY2021 | 53.4% | -28.1% | -22.0% |
| FY2022 | 57.2% | 16.0% | 12.5% |
| FY2023 | 57.7% | 15.5% | 12.1% |
| FY2024 | 54.8% | 7.3% | 6.2% |
| FY2025 | 54.0% | 3.1% | 2.8% |