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Posted by
Two Blokes Jun 4 -
Filed in
Stock
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2 views
Movado's diversified brand portfolio and strong balance sheet provide resilience, but core business faces weakening demand and macro headwinds. Q1 results showed declining revenue, shrinking margins, and concerning inventory build, despite cost controls and no debt. Dividend payout is unsustainable; I recommend a cut to preserve capital for operational needs and future growth initiatives.
