Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2024 Results

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced fourth quarter and fiscal year 2024 results for the periods ended January 31, 2024. Fiscal Year 2024 Highlights (See attached table for GAAP and Non-GAAP measures) Delivered net sales of $672.6 million vs. $751.9 million in fiscal 2023; Generated operating income of $54.7 million as compared to $120.4 million in the prior year period; Adjusted operating income of $56.8 million as compared to $123.2 million; Achieved