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

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

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 Stock Performance

MOV traded down $0.73 during mid-day trading on Friday, reaching $24.51. 39,310 shares of the stock were exchanged, compared to its average volume of 137,096. The stock has a market capitalization of $542.54 million, a PE ratio of 25.27 and a beta of 0.93. The company has a 50 day moving average price of $23.81 and a two-hundred day moving average price of $21.06. Movado Group has a 1 year low of $12.85 and a 1 year high of $25.85.

Movado Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Shareholders of record on Thursday, April 2nd will be paid a dividend of $0.35 per share. The ex-dividend date is Thursday, April 2nd. This represents a $1.40 annualized dividend and a yield of 5.7%. Movado Group’s dividend payout ratio (DPR) is 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

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. boosted its holdings in Movado Group by 39.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,598 shares of the company’s stock worth $33,000 after purchasing an additional 449 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its position in shares of Movado Group by 70.2% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 1,756 shares of the company’s stock worth $36,000 after buying an additional 724 shares in the last quarter. Comerica Bank lifted its position in shares of Movado Group by 99.0% during the 3rd quarter. Comerica Bank now owns 1,785 shares of the company’s stock worth $34,000 after buying an additional 888 shares in the last quarter. State of Wyoming boosted its stake in shares of Movado Group by 23.5% in the 4th quarter. State of Wyoming now owns 5,443 shares of the company’s stock worth $112,000 after buying an additional 1,036 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of Movado Group by 4.1% in the 1st quarter. Royal Bank of Canada now owns 26,524 shares of the company’s stock worth $444,000 after buying an additional 1,042 shares during 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.