Watch Company Movado Aims For H2 Comeback Amid Q1 Revenue Dip: Details
Watch Company Movado Aims For H2 Comeback Amid Q1 Revenue Dip: Details
Movado Group Inc. (NYSE:MOV) shares are trading lower after the company reported first-quarter results.
摩凡陀集團股份有限公司（紐交所：MOV）發佈第一季度業績後股價下跌。
The company reported quarterly earnings per share of 13 cents, beating the street view of 12 cents.
該公司每股收益爲13美分，超過了分析師預期的12美分。
Quarterly revenues of $136.669 million missed the analyst consensus of $145.200 million.
本季度營收爲1.36669億美元，低於分析師預期的14.52億美元。
Net sales decreased 5.7% (decreased 6.1% on a constant dollar basis), owing to declines in wholesale customers' brick and mortar stores and Movado Company Stores.
銷售淨額同比下降5.7%（按不變匯率計算，同比減少6.1%），因爲批發客戶的實體店和摩凡陀公司店銷售額下降。
Movado generated a gross margin of 55.3% in the quarter under review, as compared to 56.6% in the year-ago period. The decrease in gross margin percentage was primarily the result of unfavorable changes in channel and product mix, along with the decreased leverage of certain fixed costs as a result of lower sales.
在評估期內，摩凡陀的毛利率爲55.3%，低於去年同期的56.6%。毛利率下降主要是由於渠道和產品結構的不利變化，以及由於銷售額下降導致某些固定成本的槓桿不足。
The company generated operating income of $3.3 million, compared to $10.9 million in the prior year period.
該公司本季度的營業收入爲330萬美元，而去年同期爲1090萬美元。
"As planned, we will begin to ramp up our marketing investments during the second quarter to support our strategic growth opportunities, including an exciting new Movado campaign that will launch in the fall," Efraim Grinberg, Chairman and Chief Executive Officer, stated.
公司董事長兼首席執行官埃弗拉伊姆·格****表示：“按計劃，我們將在第二季度開始加大市場投資力度，支持我們的戰略增長機會，包括一個激動人心的新的摩凡陀宣傳活動，該活動將於秋季啓動。”
"We expect our amplified marketing messaging to grow brand awareness and deliver a return to sales growth in the second half of the year," Grinberg added.
格****補充道：“我們預計通過加強市場推廣來提高品牌知名度，並在下半年實現銷售增長。”
Dividend: Movado approved a cash dividend of $0.35 per share, which will be paid on June 26 to shareholders of record as of the close of business on June 12.
股息：摩凡陀公司批准派發每股0.35美元的現金股息，股息將於6月26日支付給截至6月12日收盤時持股的股東。
Outlook: The company continues to expect fiscal 2025 net sales of approximately $700 million – $710 million versus the $700.8 million estimate and EPS of $1.20 – $1.30 against the consensus of $1.12.
展望：該公司繼續預計財年2025年的淨銷售額約爲7億美元至7.1億美元，而分析師預計爲7.008億美元。每股收益爲1.20美元至1.30美元，而市場預期爲1.12美元。
Movado sees gross profit of approximately 55% of net sales, and operating income of approximately $32 million to $35 million.
摩凡陀預計毛利率約佔淨銷售額的55％，營業收入約爲3200萬到3500萬美元。
Price Action: MOV shares are trading lower by 1.61% to $26.33 at last check Thursday.
週四最後一次查詢，摩凡陀股價下跌1.61％，至26.33美元。
Photo by Matthew Bain Via Shutterstock
圖片來自shutterstock的馬修·班。
譯文內容由第三人軟體翻譯。