Movado Group, Inc.·Consumer Cyclical

Movado Group NYSE: MOV reported higher first-quarter fiscal 2027 sales and profit, citing stronger demand in the U.S., improving trends in Europe, direct-to-consumer growth and retailer replenishment activity following a better-than-expected fourth quarter.

Movado (MOV) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.08 per share a year ago.

PARAMUS, N.J.--(BUSINESS WIRE)--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.

PARAMUS, N.J.--(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 Sal.

Deprince Race and Zollo Inc. grew its stake in shares of Movado Group Inc. (NYSE: MOV) by 27.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 258,478 shares of the company's stock after purchasing an additional 55,967 shares during the period. Deprince Race and

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, 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