Movado Group''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, Movado Group (NYSE: MOV ) earned $24.34 million, a 26.4% increase from the preceding quarter. Movado Group also posted a total of $182.80 million in sales, a 11.86% increase since Q1. Movado Group earned $19.25 million, and sales totaled $163.42 million in Q1. What Is Return On Capital Employed? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE … Full story available on Benzinga.com
Movado Group''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, Movado Group (NYSE: MOV ) earned $24.34 million, a 26.4% increase from the preceding quarter. Movado Group also posted a total of $182.80 million in sales, a 11.86% increase since Q1. Movado Group earned $19.25 million, and sales totaled $163.42 million in Q1. What Is Return On Capital Employed? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE … Full story available on Benzinga.com