Movado: Sales Up, Profits Lag Amid Tariff Concerns

Movado's Q2 sales beat expectations at $161.8 million, but profits missed the mark, leaving Wall Street wanting more. Strategic inventory moves ahead of potential tariffs and strong digital/wholesale performance fueled sales, particularly in women's watches and licensed brands. Now, Movado's betting on new designs, digital marketing, and micro-sized watch trends to attract younger buyers and offset tariff risks. Will their gamble pay off? Investors are watching closely to see if Movado can turn these initiatives into consistent growth. Hosted on Acast. See acast.com/privacy for more information.