Movado Group, Inc. delivered solid Q2 revenue growth and outperformed the S&P 500 since my last upgrade, but faces near-term headwinds. Tariffs and a likely U.S. recession are my primary concerns, impacting both demand and direct costs for Movado's imported goods. Management is proactively cutting costs, raising prices, and building inventory to mitigate tariff impacts, but these measures may p...
Movado Group, Inc. (NYSE:MOV ) Q2 2026 Earnings Call August 28, 2025 9:00 AM ET Company Participants Allison C. Malkin - Senior Managing Director Efraim Grinberg - Chairman & CEO Sallie A.
PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced second quarter and six-month results for the periods ended July 31, 2025. Fiscal 2026 Second Quarter Highlights Net sales of $161.8 million versus $157.0 million in the second quarter of fiscal 2025; Gross margin of 54.1% compared to 54.3% in the prior year period; Operating income of $4.0 million, including $2.1 mil...
PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) invites investors to listen to a broadcast of the Company's conference call to discuss second quarter fiscal year 2026 earnings results on Thursday, August 28, 2025, at 9:00 a.m. Eastern Time. A press release detailing the Company's second quarter fiscal year 2026 results will be issued before the market opens and prior to the call....
Movado Group's shares have declined sharply, but industry conditions are stabilizing and the company's balance sheet remains strong with a large net cash position. Recent financials show continued revenue and profit declines, yet valuation is attractive, especially on an EV/EBITDA basis relative to peers. Management's lack of guidance and tariff uncertainty pose risks, but resilience in key con...
Movado's diversified brand portfolio and strong balance sheet provide resilience, but core business faces weakening demand and macro headwinds. Q1 results showed declining revenue, shrinking margins, and concerning inventory build, despite cost controls and no debt. Dividend payout is unsustainable; I recommend a cut to preserve capital for operational needs and future growth initiatives.
Movado Group, Inc. (NYSE:MOV ) Q1 2026 Earnings Conference Call May 29, 2025 9:00 AM ET Company Participants Allison Malkin - Investor Relations, ICR Inc. Efraim Grinberg - Chairman and Chief Executive Officer Sallie DeMarsilis - Executive Vice President and Chief Financial Officer Conference Call Participants Hamed Khorsand - BWS Financial Operator Good day, everybody. And welcome to Movado's ...
PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced first quarter fiscal 2026 results for the period ended April 30, 2025. Fiscal 2026 First Quarter Highlights Net sales of $131.8 million versus $134.4 million in the first quarter of fiscal 2025; Gross margin of 54.1% compared to 54.3% in the prior year period; Operating income of $0.3 million, including $0.6 million ...
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