Movado Group, Inc.·Consumer Cyclical

LOS ANGELES, April 10, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Movado Group, Inc. , (“ Movado " or the "Company") ( NYSE : MOV ) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Movado Group (NYSE: MOV) reported a return to growth in fiscal 2026, with management pointing to improving demand trends, brand and product innovation, and disciplined execution on profitability initiatives. Fiscal 2026 results show revenue growth and higher operating income Chairman and CEO Efraim Grinberg said the company was "pleased to return to growth" following what he

Movado Group, Inc. delivered a strong Q4 FY2026, with revenue up 5.6% and EPS beating expectations, prompting a rating upgrade to a very soft ‘buy'. MOV's wholesale business surged 25%, and US revenue grew 11.2%, offsetting international weakness driven by Middle East conflict and currency effects. The company boasts a fortress balance sheet with $230.5M in cash, no debt, and an enterprise value at just 57.8% of market cap.

Movado Group, Inc. (MOV) Q4 2026 Earnings Call Transcript

Movado (MOV) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.51 per share a year ago.

PARAMUS, N.J.--(BUSINESS WIRE)--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; Dilute.
Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. The company operates in two segments, Watch and Accessory Brands, and Company Stores. It offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands, such as Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, Calvin Klein, and Scuderia Ferrari. The company also provides after-sales and shipping services. Its customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. The company also sells directly to consumers through its e-commerce platforms. As of January 31, 2022, it operated 51 retail outlet locations. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey.
Consumer Cyclical
Luxury Goods
1,009
1993-09-30
0.88