What caused MOV's Q1 2025 EPS to fall short?
4/3/2025 01:38pm
Movado Group Inc.'s (MOV) Q1 2025 EPS fell short due to a combination of factors:
1. **Decrease in Revenue**: Although Movado Group is expected to show a rise in quarterly revenue for Q1 2025, the actual figure fell to $144.91 million, representing a 25.41% decrease from the previous quarter. This decline in sales likely contributed to the lower EPS.
2. **Market Conditions**: The company operates in a competitive retail-cyclical industry, which can be volatile and affected by economic conditions and consumer sentiment. The impact of these market conditions on Movado Group's revenue and profitability may have influenced the EPS.
In summary, the fall in Movado Group's Q1 2025 EPS can be attributed to a combination of decreased revenue and challenging market conditions.