Movado's earnings call presented a mixed picture. While there were some positive developments, such as a strong cash position and growth in licensed brands, the company faced challenges with decreased sales, operating income, and net income, compounded by currency fluctuations and economic uncertainties.
Company Guidance -
Q2 2026
During Movado's first quarter fiscal year 2026 earnings call, the company reported sales of $131.8 million, a slight decrease of 1.9% from the previous year, with U.S. sales down 1.6% and international sales down 2.2%, or 0.7% on a constant currency basis. Adjusted operating income for the quarter was $870,000, compared to $2.1 million last year, while adjusted earnings per share dropped slightly to $0.08 from $0.09. Gross profit margin was 54.1%, a minor decline from 54.3% the previous year, impacted by currency fluctuations and increased shipping costs. The company ended the quarter with $203 million in cash and no debt, and announced a dividend of $0.35 per share. Movado highlighted strong growth in licensed brands, particularly in women's watch collections and men's jewelry offerings, and noted challenges due to macroeconomic and tariff-related uncertainties, opting not to provide a fiscal 2026 outlook.
Strong Cash Position
Ended the quarter with $203 million in cash and no debt.
Dividend Approval
Board approved a dividend of $0.35 per share for the first quarter.
Growth in Licensed Brands
Licensed brands saw strong growth with sales improving by high single digits.
Positive Consumer Response to New Collections
New Mini Bangle collections and Bold Mini Quest received strong consumer response, helping to elevate brand positioning.
Improved Trend in Outlet Division
Sales in the Outlet division were only down 1.7% and showed improvement in May.
Movado Group (MOV) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MOV Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 29, 2025
$17.04
$15.86
-6.92%
Apr 16, 2025
$12.45
$12.98
+4.26%
Dec 05, 2024
$19.54
$19.48
-0.31%
Sep 05, 2024
$20.76
$17.72
-14.64%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Movado Group Inc. (MOV) report earnings?
Movado Group Inc. (MOV) is schdueled to report earning on Aug 21, 2025, Before Open (Confirmed).
What is Movado Group Inc. (MOV) earnings time?
Movado Group Inc. (MOV) earnings time is at Aug 21, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.