Movado Group (NYSE:MOV) Posts Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Movado Group (NYSE:MOV) posted its earnings results on Thursday. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.05, FiscalAI reports. Movado Group had a net margin of 3.33% and a return on equity of 5.86%. The firm had revenue of $191.58 million during the quarter, compared to analyst estimates of $182.02 million.

Here are the key takeaways from Movado Group’s conference call:

• Returned to growth in fiscal 2026 with revenue up 2.7% to $671.3M and adjusted operating income up 28.7% to $34.8M, while Q4 sales rose 5.6% to $191.6M.
• Very strong liquidity and capital allocation flexibility — generated $57.9M operating cash flow, ended the year with $230.5M cash and no debt, and repurchased ~208,000 shares with $46.1M remaining under the buyback program.
• Tariffs significantly pressured margins — IEEPA tariffs increased COGS by about $10M (roughly 150 bps for FY26 and ~180 bps in Q4), and ongoing tariff and geopolitical uncertainty (Middle East) led the company to withhold fiscal 2027 guidance.
• Product and marketing momentum across owned and licensed brands helped growth — Movado wholesale sales grew >25% and Movado e‑commerce grew 18%, with strong Gen Z and female engagement and a pipeline of new launches supporting both D2C and wholesale channels.

Movado Group Trading Down 3.9%

Shares of MOV stock traded down $1.00 during trading hours on Friday, hitting $24.24. 59,342 shares of the company were exchanged, compared to its average volume of 137,992. The firm has a fifty day simple moving average of $23.81 and a 200 day simple moving average of $21.06. Movado Group has a 52-week low of $12.85 and a 52-week high of $25.85. The stock has a market capitalization of $536.56 million, a price-to-earnings ratio of 24.98 and a beta of 0.93.

Movado Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Thursday, April 2nd will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend is Thursday, April 2nd. Movado Group’s dividend payout ratio is currently 144.33%.

Key Movado Group News

Here are the key news stories impacting Movado Group this week:

• Positive Sentiment: Q4 beat: Movado reported EPS $0.57 vs. $0.52 consensus and revenue $191.6M vs. $182.0M, with management highlighting improved operating and adjusted operating income — a clear near-term catalyst for the stock. Press Release — Q4 & FY2026 Results
• Positive Sentiment: Strong US and wholesale growth: Wholesale surged (~25%) and U.S. sales grew double-digits, supporting margin expansion expectations called out on the earnings call. That operational momentum and a cash-rich balance sheet underpin upside potential. Seeking Alpha — Upgrade / Highlights
• Positive Sentiment: Shareholder return boost: Movado declared a $0.35 quarterly dividend (5.6% yield on an annualized basis), attractive for income-focused investors and supportive of the share valuation floor. Press Release — Dividend
• Neutral Sentiment: Analyst support: Northland (O. Rickert) reiterated a bullish view / Strong‑Buy and set a $30 price target, providing supportive coverage though price target gaps remain. TipRanks — Buy Rating & PT
• Neutral Sentiment: No FY27 guidance: Management withheld FY27 guidance on the call, which introduces short‑term uncertainty until the company provides forward guidance or more color on drivers. MarketWatch — Withheld FY27 Outlook
• Negative Sentiment: Tariff and international pressure: Coverage notes tariff headwinds and weaker international (Middle East) performance that trimmed some profitability and introduce execution risk outside the U.S. Investing.com — Tariff Pressures
• Negative Sentiment: Analyst tweaks: Northland adjusted several quarterly estimates — boosting some near-term quarters but cutting others and trimming FY2028 modestly to $1.83 (from $1.87). Mixed revisions create ambiguity around longer‑term consensus traction. Earnings Call / Analyst Notes

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MOV. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Movado Group in a research report on Monday, December 29th. Northland Securities started coverage on shares of Movado Group in a research report on Wednesday, January 7th. They set an “outperform” rating and a $30.00 target price on the stock. Wall Street Zen upgraded Movado Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Zacks Research raised Movado Group from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Finally, BWS Financial reaffirmed a “buy” rating and set a $31.50 price target on shares of Movado Group in a research report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $30.75.

Hedge Funds Weigh In On Movado Group

Several institutional investors and hedge funds have recently bought and sold shares of MOV. Royal Bank of Canada lifted its holdings in Movado Group by 4.1% during the 1st quarter. Royal Bank of Canada now owns 26,524 shares of the company’s stock worth $444,000 after purchasing an additional 1,042 shares in the last quarter. AQR Capital Management LLC grew its holdings in Movado Group by 26.5% during the 1st quarter. AQR Capital Management LLC now owns 129,746 shares of the company’s stock valued at $2,169,000 after buying an additional 27,182 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Movado Group by 212.8% during the first quarter. Goldman Sachs Group Inc. now owns 671,397 shares of the company’s stock valued at $11,226,000 after buying an additional 456,727 shares during the period. Empowered Funds LLC increased its position in shares of Movado Group by 5.5% during the first quarter. Empowered Funds LLC now owns 108,377 shares of the company’s stock valued at $1,812,000 after buying an additional 5,697 shares during the period. Finally, Jane Street Group LLC lifted its holdings in shares of Movado Group by 11.4% in the first quarter. Jane Street Group LLC now owns 104,188 shares of the company’s stock worth $1,742,000 after buying an additional 10,670 shares in the last quarter. 72.08% of the stock is owned by institutional investors.

Movado Group Company Profile

Movado Group, Inc is a global designer, manufacturer and distributor of watches and related jewelry products. The company’s portfolio encompasses both owned and licensed brands, offering a wide range of timepieces from luxury to accessible price points. Major owned brands include Movado, Concord, and Ebel, alongside newer acquisitions such as MVMT and Olivia Burton. In addition, Movado Group holds licensing agreements to produce watches under fashion names like Hugo Boss, Tommy Hilfiger, Coach, Lacoste and Scuderia Ferrari.

Movado Group’s product line spans classic dress watches, sport and dive models, fashion-forward designs and limited-edition collections.