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Movado Group (Movado Group) Net Margin % : 6.76% (As of Jan. 2024)


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What is Movado Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Movado Group's Net Income for the three months ended in Jan. 2024 was $12.1 Mil. Movado Group's Revenue for the three months ended in Jan. 2024 was $179.6 Mil. Therefore, Movado Group's net margin for the quarter that ended in Jan. 2024 was 6.76%.

The historical rank and industry rank for Movado Group's Net Margin % or its related term are showing as below:

MOV' s Net Margin % Range Over the Past 10 Years
Min: -22.02   Med: 7.26   Max: 12.57
Current: 6.95


MOV's Net Margin % is ranked better than
77.57% of 1110 companies
in the Retail - Cyclical industry
Industry Median: 2 vs MOV: 6.95

Movado Group Net Margin % Historical Data

The historical data trend for Movado Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Movado Group Net Margin % Chart

Movado Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.09 -22.02 12.51 12.57 6.94

Movado Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.70 6.30 5.02 9.26 6.76

Competitive Comparison of Movado Group's Net Margin %

For the Luxury Goods subindustry, Movado Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Movado Group's Net Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Movado Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Movado Group's Net Margin % falls into.



Movado Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Movado Group's Net Margin for the fiscal year that ended in Jan. 2024 is calculated as

Net Margin=Net Income (A: Jan. 2024 )/Revenue (A: Jan. 2024 )
=46.711/672.601
=6.94 %

Movado Group's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=12.145/179.62
=6.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Movado Group  (NYSE:MOV) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Movado Group Net Margin % Related Terms

Thank you for viewing the detailed overview of Movado Group's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Movado Group (Movado Group) Business Description

Traded in Other Exchanges
Address
650 From Road, Suite 375, Paramus, NJ, USA, 07652-3556
Movado Group Inc designs, develop, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of revenue from its international location.
Executives
Sallie A Demarsilis officer: Chief Financial Officer 142 WEST 57TH ST, NEW YORK NY 10019
Linda Feeney officer: SVP, Principal Acct. Officer 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Michelle Kennedy officer: SVP, Human Resources 650 FROM ROAD, STE. 375, PARAMUS NJ 07652
Vivian Delia officer: SENIOR VP HUMAN RESOURCES C/O MOVADO GROUP INC., 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Ann Kirschner director 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Richard D Isserman director C/O MOVADO GROUP, INC., 650 FROM ROAD, PARAMUS NJ 07652
Maya Peterson director C/O MOVADO GROUP INC., 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Efraim Grinberg director, 10 percent owner, officer: President - CEO C/O MOVADO GROUP INC, 650 FROM RD, PARAMUS NJ 07652
Alexander Grinberg 10 percent owner 125 CHUBB AVE, LYNDHURST NJ 07071
Behzad Soltani officer: EVP,Commercial President & CTO 650 FROM ROAD, STE 375, PARAMUS NJ 07652-3556
Alan H Howard director
Sussis Mitchell Cole officer: Senior VP and General Counsel 6 YORKSHIRE DRIVE, MENDHAM NJ 07945
Stephen I Sadove director
Maurice S Reznik director C/O MAIDENFORM BRANDS, INC., 154 AVENUE E, BAYONNE NJ 07002
Richard Cote director, officer: Executive V.P. - COO