Financials Movado Group, Inc.

Equities

MOV

US6245801062

Apparel & Accessories

Market Closed - Nyse Other stock markets 04:00:02 2025-01-17 pm EST			5-day change	1st Jan Change
19.12 ^USD	+1.49%		-0.47%	-2.85%

Jan. 17	Movado Partners with Derrick Adams to Unveil New Artist Series Collection	CI
Jan. 02	BWS Financial Initiates Movado at Buy Rating With $31.50 Price Target	MT

Projected Income Statement: Movado Group, Inc.

income-statement-evolution-chart MOVADO-GROUP-INC

Fiscal Period: January	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	701	506.4	732.4	751.9	672.6	661.8	690.3
Change	-	-27.76%	44.63%	2.66%	-10.55%	-1.6%	4.31%
EBITDA	-	-	-	134	71.79	-	-
Change	-	-	-	-	-46.43%	-100%	-
EBIT ¹	50.02	30.72	119.7	123.2	54.7	23.72	74.86
Change	-	-38.58%	289.63%	2.92%	-55.6%	-56.64%	215.61%
Interest Paid ¹	-	-	-	-0.518	-0.497	-0.472	-0.45
Earnings before Tax (EBT) ¹	-	-142.4	-	121.9	60.2	29.5	77.4
Change	-	-	-100%	-	-50.62%	-51%	162.37%
Net income ¹	-	-111.5	-	94.53	46.71	20.57	58.88
Change	-	-	-100%	-	-50.59%	-55.96%	186.2%
Announcement Date	3/26/20	3/25/21	3/24/22	3/23/23	3/26/24	-	-

¹USD in Million

Estimates

Fiscal Period: January	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	191	69.67	88.54	169.9	178.3	134.8	173.9	217.7	206	163.4	182.8	211.4	194.3	144.9	160.4	187.7	179.6	136.7	159.3	182.7	180.6	142.7	166.3	195	186.4
Change	-	-63.52%	27.09%	91.85%	4.98%	-24.41%	28.99%	25.23%	-5.41%	-20.66%	11.86%	15.64%	-8.1%	-25.41%	10.69%	17.02%	-4.3%	-23.91%	16.57%	14.7%	-1.15%	-20.99%	16.52%	17.25%	-4.42%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	41.52	29.42	14.16	-	23.31	17.74	5.599	5.324	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-29.15%	-51.86%	-100%	-	-23.86%	-68.45%	-4.91%	-100%	-	-	-	-	-
EBIT ¹	8.34	-17.62	-0.593	25.08	23.86	14.11	25.46	42.22	37.92	26.06	31.37	38.94	26.83	11.61	10.26	21.07	13.47	3.311	3.03	9.285	10.83	10.45	16.97	26.71	23.8
Change	-	-	-96.63%	-	-4.87%	-40.87%	80.46%	65.83%	-10.18%	-31.27%	20.36%	24.14%	-31.1%	-56.74%	-11.6%	105.34%	-36.08%	-75.41%	-8.49%	206.44%	16.63%	-3.54%	62.44%	57.44%	-10.92%
Charge d'intérêts ¹	-	-	-0.59	-0.608	-	-	-	-	-	-	-	-0.143	-0.162	-0.113	-0.113	-0.135	-0.136	-0.118	-0.11	-	-0.1	-0.1	-0.11	-0.12	-0.12
Earnings before Tax (EBT) ¹	-	-	-	-	25.75	-	-	-	-	-	-	38.55	27.34	11.81	11.07	22.19	15.13	5.365	4.797	7.928	9.5	-	-	-	-
Change	-	-	-	-	-	-100%	-	-	-	-	-	-	-29.09%	-56.79%	-6.26%	100.41%	-31.81%	-64.54%	-10.59%	65.27%	19.83%	-100%	-	-	-
Net income ¹	-	-	-	-	30.26	-	-	-	-	-	-	29.29	22.73	9.128	8.049	17.39	12.14	2.891	3.721	5.05	7.842	8.551	13.23	20.24	18.14
Change	-	-	-	-	-	-100%	-	-	-	-	-	-	-22.4%	-59.83%	-11.82%	116.04%	-30.16%	-76.2%	28.71%	35.72%	55.3%	9.03%	54.77%	52.93%	-10.38%
Announcement Date	3/26/20	6/9/20	8/27/20	11/24/20	3/25/21	5/27/21	8/26/21	11/23/21	3/24/22	5/26/22	8/25/22	11/22/22	3/23/23	5/25/23	8/24/23	11/30/23	3/26/24	5/30/24	9/5/24	12/5/24	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Movado Group, Inc.

balance-sheet-analysis-chart MOVADO-GROUP-INC

Fiscal Period: January	2020	2021	2022	2023	2024	2025	2026
Net Debt	-134	-203	-	-	-	-	-
Change	-	-251.49%	-	-	-	-	-
Announcement Date	3/26/20	3/25/21	3/24/22	3/23/23	3/26/24	-	-

Estimates

Cash Flow Forecast: Movado Group, Inc.

Fiscal Period: January	2019	2020	2021	2022	2023	2024
CAPEX ¹	10.64	12.71	3.018	5.656	7.085	8.223
Change	-	19.54%	-76.26%	87.41%	25.27%	16.06%
Free Cash Flow (FCF) ¹	82.74	16.85	50.3	111.2	32.58	49.06
Change	-	-79.63%	198.48%	121.05%	-70.7%	50.6%
Announcement Date	3/28/19	3/26/20	3/25/21	3/24/22	3/23/23	3/26/24

¹USD in Million

Estimates

Forecast Financial Ratios: Movado Group, Inc.

Fiscal Period: January	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	-	-	-	17.82%	10.67%	-	-
EBIT Margin (%)	-	7.14%	6.07%	16.35%	16.39%	8.13%	3.58%	10.84%
EBT Margin (%)	-	-	-28.12%	-	16.21%	8.95%	4.46%	11.21%
Net margin (%)	-	-	-22.02%	-	12.57%	6.94%	3.11%	8.53%
FCF margin (%)	-	-	12.91%	-	-	10.19%	-	-
FCF / Net Income (%)	-	-	-58.64%	-	-	146.76%	-	-
Profitability
ROA	6.88%	3.32%	2.14%	9.86%	9.75%	4.4%	-	-
ROE	12.69%	8.22%	-23.16%	20.41%	19.65%	9.24%	-	-
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	1.81%	0.6%	-	-	1.22%	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	11.45%	-	-
CAPEX / FCF (%)	-	-	4.62%	-	-	11.99%	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	0.8	0.1	-	1.4	-	-	-
Change	-	-	-87.5%	-	-	-	-	-
Book Value Per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EPS ¹	-	-	-	-	4.12	2.1	0.9065	2.596
Change	-	-	-	-	-	-49.03%	-56.83%	186.32%
Nbr of stocks (in thousands)	-	23,018	23,194	-	22,230	22,080	22,168	22,168
Announcement Date	-	3/26/20	3/25/21	-	3/23/23	3/26/24	-	-