Return On Capital Employed Overview: Movado Group
Looking at Q1, Movado Group (NYSE: MOV ) earned $13.26 million, a 48.79% increase from the preceding quarter. Movado Group''s sales decreased to $134.80 million, a 24.41% change since Q4. Movado Group earned $25.89 million, and sales totaled $178.33 million in Q4. What Is Return On Capital Employed? Changes in earnings and sales indicate shifts in Movado Group''s Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests Full story available on Benzinga.com
Return On Capital Employed Overview: Movado Group
Looking at Q1, Movado Group (NYSE: MOV ) earned $13.26 million, a 48.79% increase from the preceding quarter. Movado Group''s sales decreased to $134.80 million, a 24.41% change since Q4. Movado Group earned $25.89 million, and sales totaled $178.33 million in Q4. What Is Return On Capital Employed? Changes in earnings and sales indicate shifts in Movado Group''s Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests Full story available on Benzinga.com