Earnings summaries and quarterly performance for MOVADO GROUP.
Executive leadership at MOVADO GROUP.
Efraim Grinberg
Detailed
Chair and Chief Executive Officer
CEO
BS
Behzad Soltani
Detailed
Executive Vice President, Chief Operating Officer
MK
Michelle Kennedy
Detailed
Senior Vice President, Chief Human Resources Officer
MC
Mitchell C. Sussis
Detailed
Senior Vice President, General Counsel and Secretary
SA
Sallie A. DeMarsilis
Detailed
Executive Vice President, Chief Financial Officer
Board of directors at MOVADO GROUP.
AH
Alan H. Howard
Detailed
Lead Director and Compensation and Human Capital Committee Chair
AG
Alex Grinberg
Detailed
Director
AK
Ann Kirschner
Detailed
Director and Nominating, Governance and Corporate Responsibility Committee Chair
MP
Maya Peterson
Detailed
Director
PA
Peter A. Bridgman
Detailed
Director and Audit Committee Chair
RI
Richard Isserman
Detailed
Director
SS
Stephen Sadove
Detailed
Director
Research analysts who have asked questions during MOVADO GROUP earnings calls.
Recent press releases and 8-K filings for MOV.
Movado Group Reports Strong Q3 2026 Results with Revenue Growth and Improved Profitability
MOV
Earnings
Dividends
Share Buyback
- Movado Group reported Q3 2026 revenue of $186.1 million, an increase of 3.1% year-over-year, with U.S. net sales growing 6.9%.
- The company saw improved profitability, with gross margin increasing by 80 basis points to 54.3% and adjusted operating income growing over 40% to $12.6 million. Net income for the quarter was $10.2 million, or $0.45 per diluted share.
- Movado ended the quarter with a strong balance sheet, holding $183.9 million in cash and no debt. The board approved a quarterly dividend of $0.35 per share, and the company repurchased approximately 100,000 shares year-to-date.
- While tariffs had a $4.5 million and 230 basis point impact on gross margin, a new U.S.-Switzerland framework agreement is expected to lower the overall U.S. tariff rate on Swiss watches to 15%. The company is not providing fiscal 2026 outlook due to economic uncertainty and tariff developments.
- Performance was driven by product innovation across Movado and licensed brands, with strong growth in the U.S. and renewed interest from younger consumers in analog watches.
Nov 25, 2025, 2:00 PM
Movado Group Reports Q3 2026 Results
MOV
Earnings
Dividends
Guidance Update
- Movado Group reported Q3 2026 net sales of $186.1 million, an increase of 3.1% year-over-year, with U.S. net sales growing 6.9% and licensed brands achieving 6.4% growth.
- The company achieved a gross margin of 54.3%, an 80 basis point improvement from the prior year, and adjusted operating income increased over 40% to $12.6 million.
- For Q3 2026, net income was $10.2 million, resulting in $0.45 per diluted share.
- Movado Group maintained a strong balance sheet with $183.9 million in cash and no debt at the end of the quarter.
- The board approved a quarterly dividend of $0.35 per share, but the company is not providing a fiscal 2026 outlook due to economic uncertainty and tariff developments.
Nov 25, 2025, 2:00 PM
Movado Group Announces Strong Q3 2026 Financial Results and Dividend Approval
MOV
Earnings
Dividends
Share Buyback
- Movado Group reported Q3 FY2026 net sales of $186.1 million, a 3.1% increase year-over-year, with adjusted operating income growing over 40% to $12.6 million.
- The company achieved a gross margin of 54.3%, an 80 basis point improvement from the prior year, and reported diluted earnings per share of $0.45 for the quarter.
- Movado ended the quarter with a strong balance sheet, holding $183.9 million in cash and no debt, and its board approved a quarterly dividend of $0.35 per share.
- For the first nine months of fiscal 2026, the company generated $1.3 million in positive operating cash flow and repurchased approximately 100,000 shares under its share repurchase program.
- Due to current economic uncertainty and unpredictable tariff developments, Movado is not providing a fiscal 2026 outlook, although a recent US-Switzerland agreement is expected to lower Swiss watch tariffs to 15%.
Nov 25, 2025, 2:00 PM
Movado Group, Inc. Announces Strong Q3 2026 Results and Declares Quarterly Dividend
MOV
Earnings
Dividends
Revenue Acceleration/Inflection
- Movado Group, Inc. reported strong third quarter fiscal 2026 results, with net sales increasing 3.1% to $186.1 million and diluted earnings per share doubling to $0.42 compared to the prior year period.
- The company ended the quarter with a robust financial position, holding $183.9 million in cash and no debt.
- The Board of Directors declared a quarterly dividend of $0.35 per share.
- Management anticipates improving results, partly due to a recently announced trade agreement expected to reduce U.S. tariff rates on Swiss watches to 15%.
Nov 25, 2025, 12:30 PM
Movado Group Reports Q2 2026 Sales and Profitability Growth
MOV
Earnings
Guidance Update
Share Buyback
- Movado Group reported a return to growth in Q2 2026, with sales increasing 3% to $161.8 million and adjusted operating profit more than doubling to $7 million. Net income for the quarter was $5.3 million, or $0.23 per diluted share.
- Gross margin was 54.1%, impacted by $2.2 million from unmitigated U.S. tariff expenses and a 130 basis point impact from additional tariffs. The company built a strong inventory of Swiss-made watches in the U.S. to cover a substantial portion of the year's needs, anticipating further tariff impacts.
- Operating expenses decreased by $2 million due to strategic marketing reductions, contributing to improved profitability, with approximately $10 million in annualized savings expected from prior expense reduction actions.
- The company maintains a strong balance sheet with over $180 million in cash and no debt. Approximately 100,000 shares have been repurchased year-to-date, with $48.4 million remaining under the authorized share repurchase program.
- Movado Group is not providing a fiscal 2026 outlook due to the current macroeconomic environment and ongoing uncertainty regarding tariffs.
Aug 29, 2025, 1:36 AM
Quarterly earnings call transcripts for MOVADO GROUP.
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