Q2 2027 Earnings

EX-99.1 2 eh260824240_ex9901.htm EXHIBIT 99.1 EXHIBIT 99.1 CONTACT: ICR, Inc. Allison Malkin 203-682-8200 MOVADO GROUP, INC. ANNOUNCES SECOND QUARTER FISCAL 2027 RESULTS ~ Net Sales of $169.8 million ~ ~ Operating Income of $14.9 million and Adjusted Operating Income of $15.1 million, which include $3.2 million in IEEPA duty refunds ~ ~ EPS of $0.53 and Adjusted EPS of $0.54, which include $0.11 resulting from IEEPA duty refunds ~ ~ Board Declares Quarterly Dividend of $0.40 per share ~ Paramus, NJ – August 26, 2026 -- Movado Group, Inc. (NYSE: MOV) today announced second quarter and six-month results for the periods ended July 31, 2026. Second Quarter Fiscal 2027 Highlights * · Net sales of $169.8 million versus $161.8 million in the second quarter of fiscal 2026; · Gross margin of 59.4%, or 57.5% excluding $3.2 million of IEEPA duty refunds, compared to 54.1% in the second quarter of f...