Movado's Q2: Revenue Beat, Earnings Miss

Movado's Q2 results are in: Revenue's up, earnings are way down! The luxury watchmaker beat revenue estimates by 3%, but missed EPS expectations by a whopping 60%. Despite international growth and a healthy cash balance, sluggish long-term sales and a disappointing earnings report paint a mixed picture for investors. Is Movado ticking towards trouble? Hosted on Acast. See acast.com/privacy for more information.