Movado Group Inc (MOV)

Movado Group Tops Forecasts as Sales and Margins Improve Strongly (MOV)May 27, 2026 7:59 AM
IH Market News Movado Group, Inc. (NYSE:MOV) reported fiscal first-quarter 2027 results on Wednesday that came in ahead of analyst expectations, driven by stronger sales growth and a significant improvement in profit margins. The watch and accessories company posted adjusted earnings per share of $0.32, comfortably above the consensus forecast of $0.08. Revenue reached $142.4 million, exceeding analyst estimates of $135.39 million. Shares of Movado rose 1.85% in premarket trading following the earnings announcement. Adjusted earnings per share increased from $0.08 in the same quarter last year, while quarterly revenue rose 8.1% year-over-year from $131.8 million. Gross margin expanded by 320 basis points to 57.3%, compared with 54.1% a year earlier. The company said the improvement was supported by a favourable product and channel mix, along with stronger cost leverage resulting from higher sales volumes. Operating income climbed to $7.0 million during the quarter, compared with just $0.3 million in the first quarter of fiscal 2026. Movado ended the quarter with $225.3 million in cash and no outstanding debt. “We are pleased with our start to the year, accelerating the momentum from year-end and delivering a strong first quarter,” said Efraim Grinberg, Chairman and Chief Executive Officer. “We increased net sales by 8%, expanded gross margin by 320 basis points, and delivered earnings per share of $0.30 compared to $0.06 in the prior year — while also making meaningful progress on our strategic initiatives.” Sales in the United States increased 8.7%, while international sales rose 7.6%, or 1.6% on a constant-currency basis. The company said its largest markets, including the United States and Europe, delivered particularly strong performances, although weakness in the Middle East linked to regional conflict partially offset some of the gains. Movado’s board of directors also approved a 14% increase in the quarterly dividend, raising it to $0.40 per share from $0.35 per share. The dividend is scheduled to be paid on June 24, 2026. Due to ongoing economic uncertainty and geopolitical tensions, including the conflict in the Middle East, the company declined to issue formal guidance for fiscal 2027. Movado added that first-quarter performance benefited from favourable foreign exchange movements and warned that revenue growth is expected to slow during the second quarter. Movado Group stock price Original: Movado Group Tops Forecasts as Sales and Margins Improve Strongly (MOV)

Movado Group, Inc. Announces First Quarter Fiscal 2027 ResultsMay 27, 2026 6:45 AM
Business Wire ~ Net Sales of $142.4 million ~ ~ Operating Income of $7.0 million and Adjusted Operating Income of $7.5 million ~ ~ EPS of $0.30 and Adjusted EPS of $0.32 ~ ~ Board Approves $0.05 Increase in Quarterly Dividend to $0.40 Per Share ~ Movado Group, Inc. (NYSE: MOV) today announced first quarter fiscal 2027 results for the period ended April 30, 2026. First Quarter Fiscal 2027 Highlights Net sales of $142.4 million versus $131.8 million in the first quarter of fiscal 2026; Gross margin of 57.3% compared to 54.1% in the first quarter of fiscal 2026; Operating income of $7.0 million compared to $0.3 million in the first quarter of fiscal 2026; Adjusted operating income of $7.5 million compared to $0.9 million in the first quarter of fiscal 2026; Diluted earnings per share of $0.30 compared to $0.06 in the first quarter of fiscal 2026; Adjusted diluted earnings per share of $0.32 compared to $0.08 in the first quarter of fiscal 2026; and Ended the quarter with $225.3 million in cash and no debt. Efraim Grinberg, Chairman and Chief Executive Officer, stated: “We are pleased with our start to the year, accelerating the momentum from year-end and delivering a strong first quarter. We increased net sales by 8%, expanded gross margin by 320 basis points, and delivered earnings per share of $0.30 compared to $0.06 in the prior year — while also making meaningful progress on our strategic initiatives.” “We continued to drive strong results across both our direct and wholesale businesses. Our two largest markets, the United States and Europe, performed particularly well and more than offset declines in the Middle East stemming from the conflict in that region. First quarter net sales benefited from the positive impact of fluctuations in foreign exchange rates and replenishment shipments driven by our strong holiday performance. The innovation we have delivered across our brands is resonating with consumers and generating increased demand — especially among younger consumers. On the marketing front, our teams are connecting with consumers through energized storytelling across digital platforms.” Mr. Grinberg concluded: “Looking ahead, we are excited about the new Movado campaign highlighting the brand’s rich 145-year heritage and Swiss craftsmanship. We will continue to build on the momentum we are seeing across our fashion watch and jewelry brands — particularly in smaller-sized watches and distinctive shapes. We ended the quarter with $225.3 million in cash and no debt and are pleased to announce that our Board of Directors approved a 14% increase in our quarterly dividend to $0.40 per share, reflecting our strong performance, solid financial position, and confidence in our company’s long-term prospects.” Non-GAAP Items (See attached table for GAAP and Non-GAAP measures) First quarter fiscal 2027 results of operations included a $0.5 million pre-tax charge, $0.4 million after tax, representing $0.02 per diluted share, related to the investigation of misconduct within the Dubai branch of the Company's Swiss subsidiary. First quarter fiscal 2026 results of operations included a $0.6 million pre-tax charge, or $0.5 million after tax, representing $0.02 per diluted share, associated with expenses related to a corporate cost-savings initiative. In this press release, references to “adjusted” results exclude the impact of the above charges. Please refer to the attached GAAP and Non-GAAP measures table for a detailed reconciliation of the Company’s reported results to its adjusted, non-GAAP results. First Quarter Fiscal 2027 Results (See attached table for GAAP and Non-GAAP measures) Net sales increased 8.1% to $142.4 million, or increased 4.5% on a constant-dollar basis, compared to $131.8 million in the first quarter of fiscal 2026. The increase in net sales reflected increases across the Company’s owned and licensed brands and Movado Company Stores. U.S. net sales increased 8.7% as compared to the first quarter of last year. International net sales increased 7.6% (1.6% on a constant- dollar basis) as compared to the first quarter of last year. Gross profit was $81.6 million, or 57.3% of net sales, compared to $71.4 million, or 54.1% of net sales, in the first quarter of fiscal 2026. The increase in gross margin percentage was primarily the result of the positive impact of channel and product mix and the increased leverage of certain costs over higher sales, partially offset by fluctuations in foreign exchange rates. Operating expenses were $74.6 million in the first quarter of fiscal 2027 compared to $71.1 million in the first quarter of fiscal 2026. This increase was primarily due to higher marketing expenses and an increase in performance-based compensation. As a percentage of net sales, operating expenses decreased to 52.4% of net sales from 53.9% in the prior-year period primarily due to leverage of expenses given the increase in net sales. Adjusted operating expenses were $74.1 million, or 52.0% of net sales, compared to $70.5 million, or 53.5% of net sales, in the first quarter of fiscal 2026. Operating income was $7.0 million compared to $0.3 million in the first quarter of fiscal 2026. Adjusted operating income was $7.5 million compared to $0.9 million in the first quarter of fiscal 2026. The Company recorded a tax provision of $1.9 million in the first quarter of fiscal 2027 compared to $0.7 million in the first quarter of fiscal 2026. Based on adjusted pre-tax income, the adjusted tax provision in the first quarter of fiscal 2027 was $2.1 million, or an adjusted tax rate of 22.1%. This compares to an adjusted tax provision of $0.8 million, or an adjusted tax rate of 30.9%, in the first quarter of fiscal 2026. Net income for the first quarter of fiscal 2027 was $6.9 million, or $0.30 per diluted share, compared to $1.4 million, or $0.06 per diluted share, in the first quarter of fiscal 2026. Adjusted net income was $7.3 million, or $0.32 per diluted share, compared to $1.9 million, or $0.08 per diluted share, in the first quarter of fiscal 2026. Quarterly Dividend and Share Repurchase Program The Company also announced that on May 27, 2026, the Board of Directors approved a $0.05 increase in the regular quarterly dividend to $0.40 per share from $0.35 per share. A $0.40 payment will be made on June 24, 2026, for each share of the Company’s outstanding common stock and class A common stock held by shareholders of record as of the close of business on June 10, 2026. During the first quarter of fiscal 2027, the Company repurchased 61,000 shares under its December 5, 2024, share repurchase program. As of April 30, 2026, the Company had $44.6 million remaining available under the share repurchase program. Fiscal 2027 Outlook Given the current economic and geopolitical uncertainty, including the unpredictable impact of the current Middle East conflict, the Company has elected not to provide a fiscal 2027 outlook at this time. The Company noted that the first quarter of 2027 benefited from the positive impact of fluctuations in foreign exchange rates. As such, the Company expects net sales growth to moderate in the second quarter. Conference Call The Company’s management will host a conference call and audio webcast to discuss its results today, May 27, 2026, at 9:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 407-0784. Additionally, a live webcast of the call can be accessed at www.movadogroup.com. The webcast will be archived on the Company’s website approximately one hour after the conclusion of the call. Additionally, a telephonic replay of the call will be available at 1:00 p.m. ET on May 27, 2026, until 11:59 p.m. ET on June 10, 2026, and can be accessed by dialing (844) 512-2921 and entering replay number 13760697. Movado Group, Inc. designs, sources, and distributes MOVADO®, MVMT®, OLIVIA BURTON®, EBEL®, CONCORD®, CALVIN KLEIN®, COACH®, TOMMY HILFIGER®, HUGO BOSS®, and LACOSTE®, watches, and, to a lesser extent jewelry and other accessories, and operates Movado Company Stores in the United States and Canada. In this release, the Company presents certain financial measures that are not calculated according to generally accepted accounting principles in the United States (“GAAP”). Specifically, the Company is presenting adjusted operating expenses, adjusted operating income, adjusted pre-tax income, adjusted tax provision, adjusted net income and adjusted diluted earnings per share, which are operating expenses, operating income, pre-tax income, tax provision, net income and diluted earnings per share, respectively, under GAAP, adjusted to eliminate costs due to the investigation referred to above and the establishment of a provision for a cost-savings initiative. The Company believes the adjusted measures are useful because they give investors information about the Company’s financial performance without the effect of certain items that the Company believes are not characteristic of its usual operations. Additionally, the Company is presenting constant currency information to provide a framework to assess how its business performed excluding the effects of foreign currency exchange rate fluctuations in the current period. Comparisons of financial results on a constant dollar basis are calculated by translating each foreign currency at the same U.S. dollar exchange rate as in effect for the prior-year period for both periods being compared. The Company believes this information is useful to investors to facilitate comparisons of operating results. These non-GAAP financial measures are designed to complement the GAAP financial information presented in this release. The non-GAAP financial measures presented should not be considered in isolation from or as a substitute for the comparable GAAP financial measures, and the methods of their calculation may differ substantially from similarly titled measures used by other companies. This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as “expects,” “anticipates,” “believes,” “targets,” “goals,” “projects,” “intends,” “plans,” “seeks,” “estimates,” “may,” “will,” “should” and variations of such words and similar expressions. Similarly, statements in this press release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals are also forward-looking statements. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the Company's actual results, performance or achievements and levels of future dividends to differ materially from those expressed in, or implied by, these statements. These risks and uncertainties may include, but are not limited to the Company’s ability to maintain effective internal control over financial reporting in the future, general economic and business conditions which may impact disposable income of consumers in the United States and the other significant markets (including Europe) where the Company’s products are sold, uncertainty regarding such economic and business conditions, including inflation, elevated interest rates, increased commodity prices and tightness in the labor market, trends in consumer debt levels and bad debt write-offs, general uncertainty related to geopolitical concerns, the increase in tariffs and other trade barriers, the impact of international hostilities, including the Russian invasion of Ukraine and war in the Middle East, on global markets, economies and consumer spending, on energy and shipping costs, and on the Company’s supply chain and suppliers, supply disruptions, delivery delays and increased shipping costs, defaults on or downgrades of sovereign debt and the impact of any of those events on consumer spending, evolving stakeholder expectations and emerging complex laws on environmental, social, and governance matters, changes in consumer preferences and popularity of particular designs, new product development and introduction, decrease in mall traffic and increase in e-commerce, the ability of the Company to successfully implement its business strategies, competitive products and pricing, including price increases to offset increased costs, the impact of “smart” watches and other wearable tech products on the traditional watch market, seasonality, availability of alternative sources of supply in the case of the loss of any significant supplier or any supplier’s inability to fulfill the Company’s orders, the loss of or curtailed sales to significant customers, the Company’s dependence on key employees and officers, the ability to successfully integrate the operations of acquired businesses without disruption to other business activities, the possible impairment of acquired intangible assets, including long-lived assets, risks associated with the Company’s minority investments in early-stage growth companies and venture capital funds that invest in such companies, the continuation of the Company’s major warehouse and distribution centers, the continuation of licensing arrangements with third parties, losses possible from pending or future litigation and administrative proceedings, the ability to secure and protect trademarks, patents and other intellectual property rights, the ability to lease new stores on suitable terms in desired markets and to complete construction on a timely basis, the ability of the Company to successfully manage its expenses on a continuing basis, information systems failure or breaches of network security, including cybersecurity risks posed by increasing reliance on cloud services and generative artificial intelligence, complex and quickly-evolving regulations regarding privacy and data protection, regulatory restrictions and a changing marketing environment, including the movement toward a cookieless future and increased digital advertising costs, requirements to meet environmental, social and governance regulations, expectations or standards, including climate change-related risks and regulatory requirements, the impact of current or future cost reduction, streamlining, restructuring or business optimization initiatives, risks associated with laws and regulations relating to supply chain transparency and forced labor, changes to existing laws or regulations, including changes to tax laws or regulations, the continued availability to the Company of financing and credit on favorable terms, business disruptions, and general risks associated with doing business internationally, including, without limitation, import duties, tariffs (including retaliatory tariffs and the potential imposition of tariffs under alternative statutory authorities), quotas, political and economic stability, anti-corruption and anti-bribery laws, changes to existing laws or regulations, and impacts of currency exchange rate fluctuations and the success of hedging strategies related thereto, and the other factors discussed in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. These statements reflect the Company's current beliefs and are based upon information currently available to it. Be advised that developments subsequent to this press release are likely to cause these statements to become outdated with the passage of time. The Company assumes no duty to update its forward-looking statements and this release shall not be construed to indicate the assumption by the Company of any duty to update its outlook in the future. (Tables to follow) MOVADO GROUP, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited)     Three Months Ended April 30,     2026     2025     Net sales $ 142,402   $ 131,769     Cost of sales   60,809     60,419     Gross profit   81,593     71,350     Total operating expenses   74,578     71,059     Operating income   7,015     291     Non-operating income/(expense): Other income, net   1,961     1,760   Interest expense   (102 )   (111 )   Income before income taxes   8,874     1,940     Provision for income taxes   1,948     660     Net income   6,926     1,280     Less: Net loss attributable to noncontrolling interests   (4 )   (140 )   Net income attributable to Movado Group, Inc. $ 6,930   $ 1,420     Diluted Income Per Share Information Net income per share attributable to Movado Group, Inc. $ 0.30   $ 0.06     Weighted diluted average shares outstanding   22,826     22,499   MOVADO GROUP, INC. GAAP AND NON-GAAP MEASURES (In thousands, except for percentage data) (Unaudited)     Three Months Ended April 30, % Change     2026   2025   Total net sales, as reported $ 142,402 $ 131,769 8.1 %   Total net sales, constant dollar basis $ 137,741 $ 131,769 4.5 % MOVADO GROUP, INC. GAAP AND NON-GAAP MEASURES (In thousands, except per share data) (Unaudited)   Net Sales Gross Profit Total Operating Expenses Operating Income Pre-tax Income Provision/ (Benefit) for Income Taxes Net Income Attributable to Movado Group, Inc. Diluted EPS Three Months Ended April 30, 2026 As Reported (GAAP) $ 142,402 $ 81,593 $ 74,578   $ 7,015 $ 8,874 $ 1,948 $ 6,930 $ 0.30 Costs related to the Dubai matter (1) - -   (466 )   466   466   112   354   0.02 Adjusted Results (Non-GAAP) $ 142,402 $ 81,593 $ 74,112   $ 7,481 $ 9,340 $ 2,060 $ 7,284 $ 0.32     Three Months Ended April 30, 2025 As Reported (GAAP) $ 131,769 $ 71,350 $ 71,059   $ 291 $ 1,940 $ 660 $ 1,420 $ 0.06 Cost-Savings Initiative (2) - -   (579 )   579   579   119   460   0.02 Adjusted Results (Non-GAAP) $ 131,769 $ 71,350 $ 70,480   $ 870 $ 2,519 $ 779 $ 1,880 $ 0.08   (1) Costs related to the investigation of misconduct within the Dubai branch of the Company's Swiss subsidiary.   (2) Related to the establishment of a provision for a corporate cost-savings initiative. MOVADO GROUP, INC. CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited)   April 30, January 31, April 30, 2026 2026 2025   ASSETS     Cash and cash equivalents $ 225,263 $ 230,541 $ 203,086 Trade receivables, net   80,030   102,037   87,257 Inventories   181,959   158,331   189,298 Other current assets   21,290   22,208   23,971 Income taxes receivable   5,687   4,118   7,395 Total current assets   514,229   517,235   511,007   Property, plant and equipment, net   16,405   17,105   19,949 Operating lease right-of-use assets   63,305   67,873   82,018 Deferred and non-current income taxes   46,265   45,917   44,288 Other intangibles, net   3,664   4,162   5,408 Other non-current assets   90,142   90,329   84,508 Total assets $ 734,010 $ 742,621 $ 747,178   LIABILITIES AND EQUITY     Accounts payable $ 30,428 $ 21,138 $ 33,091 Accrued liabilities   47,537   49,748   55,828 Accrued payroll and benefits   9,352   17,896   9,177 Current operating lease liabilities   20,055   20,603   19,323 Income taxes payable   5,325   3,663   8,136 Total current liabilities   112,697   113,048   125,555   Deferred and non-current income taxes payable   1,069   1,030   921 Non-current operating lease liabilities   53,461   58,063   72,956 Other non-current liabilities   59,866   60,220   52,346   Shareholders' equity   505,463   508,842   493,228   Noncontrolling interest   1,454   1,418   2,172 Total equity   506,917   510,260   495,400   Total liabilities and equity $ 734,010 $ 742,621 $ 747,178 MOVADO GROUP, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) (Unaudited)   Three Months Ended April 30,     2026     2025     Cash flows from operating activities: Net income $ 6,926   $ 1,280   Depreciation and amortization   2,312     2,280   Other non-cash adjustments   2,229     570   Changes in working capital   (4,603 )   (11,650 ) Changes in non-current assets and liabilities   92     306   Net cash provided by/(used in) operating activities   6,956     (7,214 )   Cash flows from investing activities: Capital expenditures   (1,154 )   (1,533 ) Long-term investments   (507 )   (1,290 ) Trademarks and other intangibles   (35 )   (14 ) Net cash used in investing activities   (1,696 )   (2,837 )   Cash flows from financing activities: Dividends paid   (7,743 )   -   Stock repurchases   (1,541 )   -   Stock awards and options exercised and other changes   (248 )   (467 ) Net cash used in financing activities   (9,532 )   (467 )   Effect of exchange rate changes on cash, cash equivalents, and restricted cash   (1,015 )   5,177   Net change in cash, cash equivalents, and restricted cash   (5,287 )   (5,341 ) Cash, cash equivalents, and restricted cash at beginning of period   231,382     209,214     Cash, cash equivalents, and restricted cash at end of period $ 226,095   $ 203,873     Non-cash financing activities: Dividends declared but not paid $ -   $ 7,783     Reconciliation of cash, cash equivalents, and restricted cash: Cash and cash equivalents $ 225,263   $ 203,086   Restricted cash included in other non-current assets   832     787   Cash, cash equivalents, and restricted cash $ 226,095   $ 203,873     View source version on businesswire.com: https://www.businesswire.com/news/home/20260527355048/en/ ICR, Inc.
Allison Malkin
203-682-8200 Original: Movado Group, Inc. Announces First Quarter Fiscal 2027 Results

Movado Group, Inc. Announces Date of Conference Call and Webcast for First Quarter Fiscal Year 2027 ResultsMay 20, 2026 6:45 AM
Business Wire Movado Group, Inc. (NYSE: MOV) invites investors to listen to a live broadcast of the Company's conference call to discuss first quarter fiscal year 2027 earnings results on Wednesday, May 27, 2026, at 9:00 a.m. Eastern Time. A press release detailing the Company’s first quarter fiscal year 2027 results will be issued before the market opens and prior to the call. The conference call will be hosted by Efraim Grinberg, Chairman and Chief Executive Officer, and Sallie DeMarsilis, Executive Vice President and Chief Financial Officer. Investors and analysts interested in participating on the call are invited to dial (877) 407-0784 and reference conference ID number 13760697 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at www.movadogroup.com. The webcast will be archived online within one hour of the completion of the conference call and remain available for 90 days. Additionally, a telephonic re-play of the call will be available at 1:00 p.m. ET on May 27, 2026, until 11:59 p.m. ET on June 10, 2026 and can be accessed by dialing (844) 512-2921 and entering replay pin number 13760697. Movado Group, Inc. designs, sources, and globally distributes and sells MOVADO®, MVMT®, OLIVIA BURTON®, EBEL®, CONCORD®, CALVIN KLEIN®, COACH®, TOMMY HILFIGER®, HUGO BOSS® and LACOSTE® watches and, to a lesser extent, jewelry and other accessories, and operates Movado Company Stores in the United States and Canada. View source version on businesswire.com: https://www.businesswire.com/news/home/20260520980441/en/ ICR, Inc.
Investors:
Allison Malkin
203-682-8225 Original: Movado Group, Inc. Announces Date of Conference Call and Webcast for First Quarter Fiscal Year 2027 Results

Movado Group beats revenue but misses profit estimates in Q4 amid tariff pressuresMarch 19, 2026 10:21 AM
IH Market News
Movado Group Inc. (NYSE:MOV) reported mixed fourth-quarter results, with revenue surpassing analyst forecasts while earnings fell short, as the watchmaker contended with tariff pressures and geopolitical uncertainty. Shares rose slightly, gaining about 0.47% following the announcement.The company posted adjusted earnings per share of $0.57 for the fourth quarter, below the analyst consensus estimate of $0.72 by $0.15. Revenue, however, reached $191.6 million, topping expectations of $182.02 million and increasing 5.6% from $181.5 million in the same quarter a year earlier. The growth was driven by solid performance across wholesale channels as well as retail sales through both physical stores and online platforms. Sales in the United States climbed 11.2% year over year, while international sales rose 1.0%.The Movado brand delivered particularly strong results during the quarter. Wholesale revenue for the brand increased 25%, Movado.com sales advanced 18%, and company-owned stores recorded a 9% rise in sales. Gross margin was largely unchanged at 54.1%, compared with 54.2% in the prior-year quarter, as favorable product and channel mix helped offset the impact of higher U.S. tariffs.“Our strong performance in the fourth quarter allowed us to close fiscal 2026 on a high note, delivering strong growth in net sales, a significant increase in profitability and strong positive cash flow generation,” said Efraim Grinberg, Chairman and Chief Executive Officer.For the full fiscal year 2026, Movado reported adjusted earnings per share of $1.34 on revenue of $671.3 million, representing a 2.7% increase from $653.4 million in fiscal 2025. The company generated $57.9 million in operating cash flow and finished the year with $230.5 million in cash and no outstanding debt.Movado chose not to issue guidance for fiscal 2027, citing ongoing economic and geopolitical uncertainty, including the conflict in the Middle East and evolving tariff policies. The company’s board also declared a quarterly dividend of $0.35 per share.Movado Group stock price

Original: Movado Group beats revenue but misses profit estimates in Q4 amid tariff pressures

Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2026 ResultsMarch 19, 2026 6:45 AM
Business Wire
~ Fiscal 2026 Net Sales of $671.3 million ~


~ Fiscal 2026 Operating Income of $29.8 million and Adjusted Operating Income of $34.8 million ~


~ Fiscal 2026 EPS of $1.17 and Fiscal 2026 Adjusted EPS of $1.34 ~


~ Fourth Quarter Net Sales of $191.6 million ~


~ Fourth Quarter EPS of $0.55 and Fourth Quarter Adjusted EPS of $0.57 ~


~ Board Declared Quarterly Dividend of $0.35 Per Share ~


Movado Group, Inc. (NYSE: MOV) today announced fourth quarter and fiscal year 2026 results for the periods ended January 31, 2026.


Fiscal Year 2026 Highlights (See attached table for GAAP and Non-GAAP measures)



Net sales of $671.3 million compared to $653.4 million for fiscal year 2025;



Operating income of $29.8 million compared to $20.0 million for fiscal year 2025;



Adjusted operating income of $34.8 million compared to $27.1 million for fiscal year 2025;



Diluted earnings per share of $1.17 compared to $0.81 for fiscal year 2025;



Adjusted diluted earnings per share of $1.34 compared to $1.12 for fiscal year 2025; and



Ended fiscal year 2026 with $230.5 million in cash and no debt.



Efraim Grinberg, Chairman and Chief Executive Officer, stated: “Our strong performance in the 4th quarter allowed us to close fiscal 2026 on a high note, delivering strong growth in net sales, a significant increase in profitability and strong positive cash flow generation. Total net sales grew by 5.6%, leading to full-year growth of 2.7% – demonstrating accelerating momentum as the year progressed. These results reflect the power of our global brands, the strength of our innovation, and the successful execution of our strategy by our team.”


“The Movado brand delivered a very strong quarter across our most important channels, led by our wholesale business with 25% sales growth, Movado.com with 18% sales growth and our Movado Company Stores with 9% growth,” Mr. Grinberg continued. “Our fashion watch and jewelry brands maintained robust performance driven by compelling product innovation and digital content, particularly in the United States, Mexico and Europe. For fiscal 2026, we generated $57.9 million in net cash provided by operating activities and ended the year with $230.5 million in cash and no debt.”


Mr. Grinberg concluded, “As we look ahead, we believe we are well positioned to continue our progress and navigate the dynamic environment. Given that the geopolitical environment remains volatile and tariff and trade policies are uncertain, we will remain agile and execute with discipline while capitalizing on the positive trends and increasing consumer interest in watches and jewelry. Overall, we expect the execution of our strategy to deliver long-term sustainable, profitable growth and increased value for our shareholders.”


Fourth Quarter Fiscal 2026 Highlights (See attached table for GAAP and Non-GAAP measures)



Net sales of $191.6 million, an increase of 5.6% from $181.5 million in the fourth quarter of fiscal 2025;



Gross margin of 54.1%, as compared to 54.2% in the prior-year period;



Operating income of $13.8 million, an increase of 49.7% from $9.2 million in the prior-year period;



Adjusted operating income of $14.4 million, an increase of 6.2% from $13.5 million in the fourth quarter of fiscal 2025;



Diluted earnings per share of $0.55, an increase of 52.8% from $0.36 in the prior-year period; and



Adjusted diluted earnings per share of $0.57, an increase of 11.8% from $0.51 in the fourth quarter of fiscal 2025.



Non-GAAP Items (See attached table for GAAP and Non-GAAP measures)


Fourth quarter fiscal 2026 results of operations included the following charge:



a $0.6 million pre-tax charge, or $0.4 million after tax, representing $0.02 per diluted share, in costs related to the internal investigation of conduct within the Company’s Dubai branch.



Fourth quarter fiscal 2025 results of operations included the following charges:



a $2.5 million pre-tax charge, or $1.9 million after tax, representing $0.08 per diluted share, in costs related to the investigation noted above; and



a $1.8 million pre-tax charge, or $1.5 million after tax, representing $0.07 per diluted share, associated with the establishment of a provision for a corporate cost-savings initiative.



In this press release, references to “adjusted” results exclude the impact of the above charges and the impact of the items described in the Non-GAAP Items section of the Company’s earnings releases for the first, second and third quarters of fiscal year 2026. Please refer to the attached GAAP and Non-GAAP measures table for a detailed reconciliation of the Company’s reported results to its adjusted, Non-GAAP results.


Fourth Quarter Fiscal 2026 Results (See attached table for GAAP and Non-GAAP measures)



Net sales increased 5.6% to $191.6 million, or increased 1.8% on a constant-dollar basis, compared to $181.5 million in the fourth quarter of fiscal 2025. The increase in net sales reflected growth in the United States and international wholesale channels and brick and mortar and online retail, as well as the positive impact of fluctuations in foreign exchange rates. U.S. net sales increased 11.2% as compared to the fourth quarter of last year. International net sales increased 1.0% (a decrease of 5.9% on a constant-dollar basis) as compared to the fourth quarter of last year.



Gross profit was $103.6 million, or 54.1% of net sales, compared to $98.3 million, or 54.2% of net sales in the fourth quarter of fiscal 2025. The increase in gross margin percentage was primarily the result of favorable changes in channel and product mix, favorable impact of foreign currency exchange rates and the increased leverage of lower fixed costs over higher sales, partially offset by increased U.S. tariffs.



Operating expenses were $89.8 million in the fourth quarter of fiscal 2026 compared to $89.1 million in the fourth quarter of fiscal 2025. Adjusted operating expenses were $89.3 million for the fourth quarter of fiscal 2026 as compared to $84.8 million for the fourth quarter of fiscal 2025. The change in operating expenses was primarily due to higher performance-based compensation and the unfavorable impact of foreign currency exchange rates, partially offset by lower marketing expenses.



Operating income was $13.8 million compared to $9.2 million in the fourth quarter of fiscal 2025. Adjusted operating income was $14.4 million for the fourth quarter of fiscal 2026, as compared to $13.5 million for the fourth quarter of fiscal 2025.



The Company recorded a tax provision of $1.6 million, as compared to a tax provision of $2.2 million in the fourth quarter of fiscal 2025. Based on adjusted pre-tax income, the adjusted tax provision was $1.7 million, or an adjusted tax rate of 11.6%, as compared to an adjusted tax rate of 20.6%, in the fourth quarter of fiscal 2025.



Net income for the fourth quarter of fiscal 2026 was $12.6 million, or $0.55 per diluted share, compared to net income of $8.1 million, or $0.36 per diluted share, in the fourth quarter of fiscal 2025. Adjusted net income for the fiscal 2026 period was $13.0 million, or $0.57 per diluted share, as compared to adjusted net income of $11.5 million, or $0.51 per diluted share, in the fourth quarter of fiscal 2025.



Full Year Fiscal 2026 Results (See attached table for GAAP and Non-GAAP measures)



Net sales increased 2.7% to $671.3 million, or increased 1.0% on a constant-dollar basis, compared to $653.4 million in fiscal 2025. Net sales increased 4.3% in the U.S. as compared to fiscal 2025. International net sales increased 1.6% (a decrease of 1.5% on a constant-dollar basis) as compared to fiscal 2025.



Gross profit was $363.6 million, or 54.2% of net sales, compared to gross profit of $353.1 million, or 54.0% of net sales, in fiscal 2025. The increase in gross margin percentage was primarily the result of favorable changes in channel and product mix and the increased leverage of lower fixed costs over higher sales, partially offset by the unfavorable impact of increased U.S. tariffs and foreign currency exchange rates.



Operating expenses were $333.8 million in fiscal 2026 compared to $333.1 million in fiscal 2025. For fiscal 2026, adjusted operating expenses were $328.8 million as compared to $326.1 million for fiscal 2025. This increase was primarily due to higher performance-based compensation and the unfavorable impact of foreign currency exchange rates, partially offset by lower marketing expenses.



Operating income was $29.8 million in fiscal 2026, an increase of 49.0% from $20.0 million in fiscal 2025. Adjusted operating income was $34.8 million in fiscal 2026, an increase of 28.7% from $27.1 million for fiscal 2025.



The Company recorded a tax provision of $7.5 million in fiscal 2026 compared to a tax provision of $7.4 million in fiscal 2025. Based on adjusted pre-tax income, the adjusted tax provision was $8.6 million, or an adjusted tax rate of 22.0%, as compared to an adjusted tax rate of 22.0% in fiscal 2025.



Net income was $26.6 million, or $1.17 per diluted share, for fiscal 2026, compared to net income of $18.4 million, or $0.81 per diluted share, for fiscal 2025. Adjusted net income in fiscal 2026 increased 19.6% to $30.4 million or $1.34 per diluted share, from $25.4 million, or $1.12 per diluted share, in fiscal 2025.



Fiscal 2027 Outlook


Given the current economic and geopolitical uncertainty, including the unpredictable impact of the current Middle East conflict and ongoing tariff developments, the Company has elected not to provide a fiscal 2027 outlook at this time.


Quarterly Dividend and Share Repurchase Program


The Company also announced on March 19, 2026, that the Board of Directors approved the payment on April 16, 2026, of a cash dividend in the amount of $0.35 for each share of the Company’s outstanding common stock and class A common stock held by shareholders of record as of the close of business on April 2, 2026.


During fiscal year 2026, the Company repurchased approximately 208,000 shares under its December 5, 2024 share repurchase program, which expires on December 5, 2027. As of year-end, the Company had $46.1 million remaining available under the share repurchase program.


Conference Call


The Company’s management will host a conference call and audio webcast to discuss its results today, March 19, 2026, at 9:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 407-0784. Additionally, a live webcast of the call can be accessed at www.movadogroup.com. The webcast will be archived on the Company’s website approximately one hour after the conclusion of the call. Additionally, a telephonic replay of the call will be available from 1:00 p.m. ET on March 19, 2026, until 11:59 p.m. ET on April 2, 2026, and can be accessed by dialing (844) 512-2921 and entering replay pin number 13759143.


Movado Group, Inc. designs, sources, and distributes MOVADO®, MVMT®, OLIVIA BURTON®, EBEL®, CONCORD®, CALVIN KLEIN®, COACH®, TOMMY HILFIGER®, HUGO BOSS®, and LACOSTE® watches and, to a lesser extent, jewelry and other accessories, and operates Movado Company Stores in the United States and Canada.


In this release, the Company presents certain financial measures that are not calculated according to generally accepted accounting principles in the United States (“GAAP”). Specifically, the Company is presenting adjusted operating expenses, adjusted operating income, adjusted pre-tax income, adjusted tax provision, adjusted net income and adjusted diluted earnings per share, which are operating expenses, operating income, pre-tax income, tax provision, net income and diluted earnings per share, respectively, under GAAP, adjusted to eliminate costs due to the investigation referred to above, establishment of a provision for a cost-savings initiative and repatriation of foreign earnings. The Company believes the adjusted measures are useful because they give investors information about the Company’s financial performance without the effect of certain items that the Company believes are not characteristic of its usual operations. Additionally, the Company is presenting constant-currency information to provide a framework to assess how its business performed excluding the effects of foreign currency exchange rate fluctuations in the current period. Comparisons of financial results on a constant-dollar basis are calculated by translating each foreign currency at the same U.S. dollar exchange rate as in effect for the prior-year period for both periods being compared. The Company believes this information is useful to investors to facilitate comparisons of operating results. These non-GAAP financial measures are designed to complement the GAAP financial information presented in this release. The non-GAAP financial measures presented should not be considered in isolation from or as a substitute for the comparable GAAP financial measures, and the methods of their calculation may differ substantially from similarly titled measures used by other companies.


This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as “expects,” “anticipates,” “believes,” “targets,” “goals,” “projects,” “intends,” “plans,” “seeks,” “estimates,” “may,” “will,” “should” and variations of such words and similar expressions. Similarly, statements in this press release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals are also forward-looking statements. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the Company's actual results, performance or achievements and levels of future dividends to differ materially from those expressed in, or implied by, these statements. These risks and uncertainties may include, but are not limited to the Company’s ability to implement and maintain effective internal control over financial reporting in the future, general economic and business conditions which may impact disposable income of consumers in the United States and the other significant markets (including Europe) where the Company’s products are sold, uncertainty regarding such economic and business conditions, including inflation, elevated interest rates, increased commodity prices and tightness in the labor market, trends in consumer debt levels and bad debt write-offs, general uncertainty related to geopolitical concerns, the increase in tariffs and other trade barriers, the impact of international hostilities, including the Russian invasion of Ukraine and war in the Middle East, on global markets, economies and consumer spending, on energy and shipping costs, and on the Company’s supply chain and suppliers, supply disruptions, delivery delays and increased shipping costs, defaults on or downgrades of sovereign debt and the impact of any of those events on consumer spending, evolving stakeholder expectations and emerging complex laws on environmental, social, and governance matters, changes in consumer preferences and popularity of particular designs, new product development and introduction, decrease in mall traffic and increase in e-commerce, the ability of the Company to successfully implement its business strategies, competitive products and pricing, including price increases to offset increased costs, the impact of “smart” watches and other wearable tech products on the traditional watch market, seasonality, availability of alternative sources of supply in the case of the loss of any significant supplier or any supplier’s inability to fulfill the Company’s orders, the loss of or curtailed sales to significant customers, the Company’s dependence on key employees and officers, the ability to successfully integrate the operations of acquired businesses without disruption to other business activities, the possible impairment of acquired intangible assets, risks associated with the Company’s minority investments in early-stage growth companies and venture capital funds that invest in such companies, the continuation of the Company’s major warehouse and distribution centers, the continuation of licensing arrangements with third parties, losses possible from pending or future litigation and administrative proceedings, the ability to secure and protect trademarks, patents and other intellectual property rights, the ability to lease new stores on suitable terms in desired markets and to complete construction on a timely basis, the ability of the Company to successfully manage its expenses on a continuing basis, information systems failure or breaches of network security, complex and quickly-evolving regulations regarding privacy and data protection, the continued availability to the Company of financing and credit on favorable terms, business disruptions, and general risks associated with doing business internationally, including, without limitation, import duties, tariffs (including retaliatory tariffs), quotas, political and economic stability, changes to existing laws or regulations, and impacts of currency exchange rate fluctuations and the success of hedging strategies related thereto, and the other factors discussed in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. These statements reflect the Company's current beliefs and are based upon information currently available to it. Be advised that developments subsequent to this press release are likely to cause these statements to become outdated with the passage of time. The Company assumes no duty to update its forward-looking statements and this release shall not be construed to indicate the assumption by the Company of any duty to update its outlook in the future.


(Tables to follow)



MOVADO GROUP, INC.


CONSOLIDATED STATEMENTS OF OPERATIONS


(In thousands, except per share data)


(Unaudited)










 










 




Three Months Ended

Twelve Months Ended




January 31,

January 31,










 





 






2026






 







 






2025






 







 






2026






 







 






2025






 















 


Net sales


$






191,580






 







$






181,475






 







$






671,310






 







$






653,378






 















 


Cost of sales


 






87,948






 







 






83,137






 







 






307,707






 







 






300,238






 















 


Gross profit


 






103,632






 







 






98,338






 







 






363,603






 







 






353,140






 















 


Total operating expenses


 






89,826






 







 






89,116






 







 






333,774






 







 






333,125






 















 


Operating income


 






13,806






 







 






9,222






 







 






29,829






 







 






20,015






 















 


Non-operating income/(expense):










Other income, net


 






724






 







 






1,554






 







 






5,033






 







 






7,125






 







Interest expense


 






(150






)







 






(117






)







 






(507






)







 






(489






)















 


Income before income taxes


 






14,380






 







 






10,659






 







 






34,355






 







 






26,651






 















 


Provision for income taxes


 






1,591






 







 






2,201






 







 






7,487






 







 






7,442






 















 


Net income


 






12,789






 







 






8,458






 







 






26,868






 







 






19,209






 















 


Less: Net income attributable to noncontrolling interests


 






226






 







 






405






 







 






316






 







 






845






 















 


Net income attributable to Movado Group, Inc.


$






12,563






 







$






8,053






 







$






26,552






 







$






18,364






 















 


Diluted Income Per Share Information










Net income per share attributable to Movado Group, Inc.


$






0.55






 







$






0.36






 







$






1.17






 







$






0.81






 















 


Weighted diluted average shares outstanding


 






22,912






 







 






22,534






 







 






22,614






 







 






22,603






 








MOVADO GROUP, INC.


GAAP AND NON-GAAP MEASURES


(In thousands, except for percentage data)


(Unaudited)








 








 




Three Months Ended






January 31,

% Change








 





 






2026







 






2025















 


Total net sales, as reported


$






191,580







$






181,475







5.6%













 


Total net sales, constant dollar basis


$






184,732







$






181,475







1.8%













 








 








 




Twelve Months Ended






January 31,

% Change








 





 






2026







 






2025















 


Total net sales, as reported


$






671,310







$






653,378







2.7%













 


Total net sales, constant dollar basis


$






659,666







$






653,378







1.0%













 



MOVADO GROUP, INC.


GAAP AND NON-GAAP MEASURES


(In thousands, except per share data)


(Unaudited)


















 




Net Sales

Gross Profit

Total Operating Expenses

Operating Income

Pre-tax Income

Provision/(Benefit) for Income Taxes

Net Income Attributable to Movado Group, Inc.

Diluted EPS


Three Months Ended January 31, 2026


















As Reported (GAAP)


$






191,580







$






103,632







$






89,826






 







$






13,806







$






14,380







$






1,591






 







$






12,563







$






0.55







Costs related to the Dubai matter (1)


 






-







 






-







 






(576






)







 






576







 






576







 






139






 







 






437







 






0.02







Adjusted Results (Non-GAAP)


$






191,580







$






103,632







$






89,250






 







$






14,382







$






14,956







$






1,730






 







$






13,000







$






0.57























 


















 


Three Months Ended January 31, 2025


















As Reported (GAAP)


$






181,475







$






98,338







$






89,116






 







$






9,222







$






10,659







$






2,201






 







$






8,053







$






0.36







Costs related to the Dubai matter (1)


 






-







 






-







 






(2,500






)







 






2,500







 






2,500







 






608






 







 






1,892







 






0.08







Cost-Savings Initiative (2)


 






-







 






-







 






(1,817






)







 






1,817







 






1,817







 






277






 







 






1,540







 






0.07







Adjusted Results (Non-GAAP)


$






181,475







$






98,338







$






84,799






 







$






13,539







$






14,976







$






3,086






 







$






11,485







$






0.51























 




Net Sales

Gross Profit

Total Operating Expenses

Operating Income

Pre-tax Income

Provision/(Benefit) for Income Taxes

Net Income Attributable to Movado Group, Inc.

Diluted EPS


Twelve Months Ended January 31, 2026


















As Reported (GAAP)


$






671,310







$






363,603







$






333,774






 







$






29,829







$






34,355







$






7,487






 







$






26,552







$






1.17







Costs related to the Dubai matter (1)


 






-







 






-







 






(3,567






)







 






3,567







 






3,567







 






853






 







 






2,714







 






0.12







Cost-Savings Initiative (2)


 






-







 






-







 






(1,451






)







 






1,451







 






1,451







 






309






 







 






1,142







 






0.05







Adjusted Results (Non-GAAP)


$






671,310







$






363,603







$






328,756






 







$






34,847







$






39,373







$






8,649






 







$






30,408







$






1.34























 


















 


Twelve Months Ended January 31, 2025


















As Reported (GAAP)


$






653,378







$






353,140







$






333,125






 







$






20,015







$






26,651







$






7,442






 







$






18,364







$






0.81







Costs related to the Dubai matter (1)


 






-









 






(2,500






)







 






2,500







 






2,500







 






608






 







 






1,892







 






0.08







Cost-Savings Initiative (2)


 






-







 






-







 






(4,552






)







 






4,552







 






4,552







 






838






 







 






3,714







 






0.16







Repatriation of Foreign Earnings (3)


 






-







 






-







 






-






 







 






-







 






-







 






(1,458






)







 






1,458







 






0.07







Adjusted Results (Non-GAAP)


$






653,378







$






353,140







$






326,073






 







$






27,067







$






33,703







$






7,430






 







$






25,428







$






1.12









(1)







Costs related to the investigation of allegations of misconduct within the Dubai branch of the Company's Swiss subsidiary.








(2)







Related to the establishment of a provision for a corporate cost-savings initiative.








(3)







Tax impact of repatriation of foreign earnings, primarily related to foreign currency gains.








MOVADO GROUP, INC.


CONSOLIDATED BALANCE SHEETS


(In thousands)


(Unaudited)







January 31,

January 31,





2026







2025











 


ASSETS










 






 


Cash and cash equivalents


$






230,541







$






208,501







Trade receivables, net


 






102,037







 






93,382







Inventories


 






158,331







 






156,738







Other current assets


 






22,208







 






21,786







Income taxes receivable


 






4,118







 






9,534







Total current assets


 






517,235







 






489,941











 


Property, plant and equipment, net


 






17,105







 






19,920







Operating lease right-of-use assets


 






67,873







 






86,009







Deferred and non-current income taxes


 






45,917







 






41,330







Other intangibles, net


 






4,162







 






5,537







Other non-current assets


 






90,329







 






86,494







Total assets


$






742,621







$






729,231











 


LIABILITIES AND EQUITY










 






 


Accounts payable


$






21,138







$






34,312







Accrued liabilities


 






49,748







 






42,610







Accrued payroll and benefits


 






17,896







 






7,840







Current operating lease liabilities


 






20,603







 






19,263







Income taxes payable


 






3,663







 






8,935







Total current liabilities


 






113,048







 






112,960











 


Deferred and non-current income taxes payable


 






1,030







 






1,008







Non-current operating lease liabilities


 






58,063







 






75,508







Other non-current liabilities


 






60,220







 






56,176











 


Shareholders' equity


 






508,842







 






481,329











 


Noncontrolling interest


 






1,418







 






2,250







Total equity


 






510,260







 






483,579











 


Total liabilities and equity


$






742,621







$






729,231








MOVADO GROUP, INC.


CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS


(In thousands)


(Unaudited)






 





Twelve Months Ended










January 31,











 





 






2026






 







 






2025






 











 


Cash flows from operating activities:






Net income


$






26,868






 







$






19,209






 







Depreciation and amortization


 






9,416






 







 






9,312






 







Other non-cash adjustments


 






9,801






 







 






9,548






 







Changes in working capital


 






8,686






 







 






(34,884






)







Changes in non-current assets and liabilities


 






3,150






 







 






(4,689






)







Net cash provided by/(used in) operating activities


 






57,921






 







 






(1,504






)











 


Cash flows from investing activities:






Capital expenditures


 






(4,512






)







 






(7,966






)







Long-term investments


 






(3,440






)







 






(5,667






)







Trademarks and other intangibles


 






(138






)







 






(109






)







Net cash used in investing activities


 






(8,090






)







 






(13,742






)











 


Cash flows from financing activities:






Dividends paid


 






(31,052






)







 






(31,069






)







Stock repurchases


 






(3,900






)







 






(2,628






)







Distribution of noncontrolling interest earnings


 






(1,359






)







 






(604






)







Stock awards and options exercised and other changes


 






32






 







 






(1,101






)







Net cash used in financing activities


 






(36,279






)







 






(35,402






)











 


Effect of exchange rate changes on cash, cash equivalents, and restricted cash


 






8,616






 







 






(2,952






)







Net change in cash, cash equivalents, and restricted cash


 






22,168






 







 






(53,600






)







Cash, cash equivalents, and restricted cash at beginning of period


 






209,214






 







 






262,814






 











 


Cash, cash equivalents, and restricted cash at end of period


$






231,382






 







$






209,214






 











 


Reconciliation of cash, cash equivalents, and restricted cash:






Cash and cash equivalents


$






230,541






 







$






208,501






 







Restricted cash included in other non-current assets


 






841






 







 






713






 







Cash, cash equivalents, and restricted cash


$






231,382






 







$






209,214






 







 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260319821689/en/
ICR, Inc.

Allison Malkin

203-682-8225


Original: Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2026 Results

Movado Group, Inc. Announces Date of Conference Call and Webcast for Fourth Quarter and Fiscal Year 2026 ResultsMarch 12, 2026 6:45 AM
Business Wire
Movado Group, Inc. (NYSE: MOV) invites investors to listen to a live broadcast of the Company's conference call to discuss fourth quarter and fiscal year 2026 earnings results on Thursday, March 19, 2026, at 9:00 a.m. Eastern Time. A press release detailing the Company’s fourth quarter and fiscal year 2026 results will be issued before the market opens and prior to the call. The conference call will be hosted by Efraim Grinberg, Chairman and Chief Executive Officer, and Sallie DeMarsilis, Executive Vice President and Chief Financial Officer.


Investors and analysts interested in participating on the call are invited to dial (877) 407-0784 and reference conference ID number 13759143 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at www.movadogroup.com. The webcast will be archived online within one hour of the completion of the conference call and remain available for 90 days. Additionally, a telephonic re-play of the call will be available at 1:00 p.m. ET on March 19, 2026, until 11:59 p.m. ET on April 2, 2026 and can be accessed by dialing (844) 512-2921 and entering replay pin number 13759143.


Movado Group, Inc. designs, sources, and globally distributes and sells MOVADO®, MVMT®, OLIVIA BURTON®, EBEL®, CONCORD®, CALVIN KLEIN®, COACH®, TOMMY HILFIGER®, HUGO BOSS® and LACOSTE® watches and, to a lesser extent, jewelry and other accessories, and operates Movado Company Stores in the United States and Canada.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260312176447/en/
ICR, Inc.

Investors:

Allison Malkin

203-682-8225


Original: Movado Group, Inc. Announces Date of Conference Call and Webcast for Fourth Quarter and Fiscal Year 2026 Results

MOV reports May 29 according to Seeking Alpha

JUST IN: $MOV How to Trade Movado Group $MOV With Risk Controls

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Got this from MOV - How to Trade Movado Group $MOV With Risk Controls

News: $MOV Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2019 Results

~ Fourth Quarter Revenue Increased 33.6% ~ ~ Fourth Quarter Operating Income Grew to $17.1 million; Adjusted Operating Income Grew 38.5% to $19.9 million ~ ~ Introduces Fiscal 2020 Outlook ~ ~ Board Declares Quarterly Dividend ~ Movado Group, Inc. (NYSE:MOV) today ann...

Got this from https://marketwirenews.com/news-releases/movado-group-inc-announces-fourth-quarter-and-fiscal-year-2019-results-7904880.html

Movado Group Inc $MOV Gets Slammed After Earnings, Here's The Trade

Movado Group Inc (NYSE:MOV) is a leading designer, marketer and distributor of watches. Today, the stock is declining sharply after reporting earnings. MOV stock is trading lower by more than 14.0 percent to $42.15 a share. Should the stock close down around this level today it would likely signal more downside to come. MOV stock is still trading above its 200-day moving average which is currently at $38.87. Any close below this key support level would indicate a move down into the $34.00 area. This would be a solid support level for MOV stock if tested. Please note, this is where the stock broke out in late March 2018. Traders and investors should expect this level to be defended when reached.





Nicholas Santiago
InTheMoneyStocks

MOV valuation models show 22% upside before earnings...

Upside Analysis

Movado Q4 Adj. Profit Tops View, Ups Dividend; Sees FY15 Results Above Estimates

Luxury watchmaker Movado Group, Inc. (MOV: Quote) reported Wednesday a decline in fourth-quarter profit, hurt by higher charges. Adjusted earnings topped analysts' estimates, while top line missed their view. The company also announced higher dividend, and said it sees fiscal 2015 earnings and sales above analysts' current estimates.

In pre-market activity, Movado shares gained $2.41 or 5.73 percent, and traded at $44.44.

For the fourth quarter, net income attributable to the company declined to $7.19 million or $0.28 per share from last year's $7.92 million or $0.31 per share.

The latest quarter results included a pre-tax charge of $8.3 million or $0.20 per share, relating to the company's strategy of reducing the presence of ESQ Movado while expanding the Movado brand offering in certain retail doors. The results also included a $0.05 per share charge related to a charitable contribution.

http://www.rttnews.com/2292432/movado-q4-adj-profit-tops-view-ups-dividend-sees-fy15-results-above-estimates.aspx

When your right your right \|/

This company is going right up to 40 by Sept. watch and see.

I see.. Classic double bottom play in full effect! $MOV

Yowza ..major moves here...and Valentine's day Coming up for the Jewelry departments..phew!!!

Movado Group, Inc. Updates FY 2013 Guidance; Declares Quarterly Dividend

http://stocks.us.reuters.com/stocks/keyDevelopments.asp?rpc=66&symbol=MOV×tamp=20120531113000

~ Monday! $MOV ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $MOV ~ Earnings expected on Monday *
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One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=MOV&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=MOV&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=MOV
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=MOV#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=MOV+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=MOV
Finviz: http://finviz.com/quote.ashx?t=MOV
~ BusyStock: http://busystock.com/i.php?s=MOV&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=MOV >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

Movado Group, Inc. (Movado Group) designs, sources, markets and distributes fine watches. The Company’s portfolio of brands consists of Movado, Ebel, Concord, ESQ, Coach Watches, HUGO BOSS Watches, Juicy Couture Watches, Tommy Hilfiger Watches and Lacoste Watches. The Company operates in two segments: Wholesale and Retail. The Company’s wholesale segment includes the design, development, sourcing, marketing and distribution of watches, in addition to after-sales service activities and shipping. The retail segment includes the Company’s outlet stores and the Movado brand flagship store located at Rockefeller Center in New York City. The Company’s international operations are principally conducted in Europe, Asia, Canada, the Middle East, South America and the Caribbean.

http://www.google.com/finance?q=MOV