The following is a summary of the Movado Group, Inc. (MOV) Q3 2025 Earnings Call Transcript:

Financial Performance:

• Movado Group reported a quarterly revenue of $182.7 million, down 2.6% from last year in constant dollars.

• Year-to-date net sales decreased by 2.9% to $478.7 million compared to the previous fiscal year.

• Quarterly net income was $8.3 million, or $0.37 per diluted share, compared to $17.4 million, or $0.77 per diluted share last year.

• The company has a strong balance sheet with $182 million in cash and no debt.

Business Progress:

• Launched new product families across brand portfolio and marketing campaigns, including a focus on iconic new brand ambassadors.

• Announced a new $50 million share repurchase plan demonstrating confidence in the financial strength and future of the company.

• Expanded into growth markets such as India and Southeast Asia.

• Implemented cost reduction and operational efficiency strategies to improve profitability.

Opportunities:

• Movado saw a 20% increase in sales in India, highlighting the potential for significant market expansion in the region.

• Continued innovation and introduction of new product lines like the Sammy collection and the Automatic Charter collection, designed to resonate with Gen Z and other key demographics.

• Strong e-commerce growth, with a 16.9% increase in sales on movado.com.

Risks:

• Faced challenges in the US and European retail environments, including increased digital marketing costs tied to the US election season and a softening market in Europe.

• Light retail inventory levels potentially risking stock-outs during high-demand periods.

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.