Movado Group Inc (MOV)
NYSE:MOV
Earnings Data
Report Date
May 21, 2026Before Open (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
0.07Last Year’s EPS
0.08Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a return to growth with meaningful margin and operating income improvement, strong cash and no debt, clear product and brand momentum (notably Movado wholesale and e-commerce), and healthy U.S. performance. Offsetting factors included material tariff drag (~$10M / ~150 bps FY), currency and geopolitical headwinds (Middle East and Swiss franc), higher quarterly taxes, and international constant-currency softness. On balance, positives—improved profitability, strong cash position, and clear consumer/portfolio traction—outweigh the lowlights, though macro and tariff uncertainty remain meaningful near-term risks.Company Guidance
Full-Year Revenue Growth
Fiscal 2026 sales of $671.3M, up 2.7% versus fiscal 2025 (constant dollars +1%).
Quarterly Sales Acceleration
Fourth quarter net sales $191.6M, up 5.6% year-over-year (Q4 constant dollars +1.8%).
Significant Operating Income Improvement
Fiscal 2026 operating income of $34.8M (5.2% of sales) versus $27.1M (4.1%) in fiscal 2025—an increase of roughly 28% year-over-year; Q4 adjusted operating income $14.4M, up ~6% vs prior-year quarter.
Stable Gross Margin
Gross profit $363.6M, gross margin 54.2% of sales in FY26 compared to 54.0% last year; Q4 gross margin roughly flat at 54.1% vs 54.2% prior year.
Strong Cash Position and No Debt
Operating cash flow $57.9M for the year; year-end cash balance $230.5M and no outstanding debt, providing financial flexibility.
U.S. Market Strength
U.S. net sales increased 11.2% in Q4 and 4.3% for the full year, driven by retail and wholesale demand.
Brand and Channel Momentum
Movado wholesale sales grew over 25% and Movado.com (D2C) grew 18% in Q4; company stores had a strong holiday with sales up 9% driven by higher ASPs and better in-store execution.
Product and Portfolio Wins
Notable product strength in mini bangle collection, Movado 1917 Heritage, higher-price automatic watches (Museum Classic Automatic), jewelry (Ono, Curve), and licensed brands (Coach, Hugo Boss, Lacoste, Tommy Hilfiger, Calvin Klein, Olivia Burton).
Disciplined Capital Allocation
Repurchased ~208,000 shares in FY26; $46.1M remaining under repurchase authorization and stated intent to use buybacks to offset dilution.
MOV Earnings History
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 |
|---|---|---|---|
Mar 19, 2026 | $23.05 | $25.23 | +9.46% |
Nov 25, 2025 | $19.13 | $20.29 | +6.07% |
Aug 28, 2025 | $16.92 | $17.23 | +1.83% |
May 29, 2025 | $16.46 | $15.31 | -6.94% |
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 May 21, 2026, Before Open (Confirmed).
What is Movado Group Inc (MOV) earnings time?
Movado Group Inc (MOV) earnings time is at May 21, 2026, 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.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MOV EPS forecast?
MOV EPS forecast for the fiscal quarter 2027 (Q1) is 0.07.
