Movado Group (NYSE:MOV) Posts Earnings Results

Movado Group (NYSE:MOV) issued its earnings results on Thursday. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.52 by $0.05, FiscalAI reports. Movado Group had a net margin of 3.96% and a return on equity of 6.09%. The company had revenue of $191.58 million for the quarter, compared to the consensus estimate 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 Price Performance

Shares of MOV stock opened at $23.99 on Friday. The stock has a market cap of $530.98 million, a PE ratio of 20.68 and a beta of 0.93. The stock has a 50-day moving average of $23.83 and a 200-day moving average of $21.10. Movado Group has a one year low of $12.85 and a one year high of $25.85.

Movado Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 16th. Shareholders of record on Thursday, April 2nd will be paid a $0.35 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.40 annualized dividend and a yield of 5.8%. Movado Group’s dividend payout ratio is presently 120.69%.

Movado Group News Roundup

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

• Positive Sentiment: Q4 results beat consensus: Movado reported $0.57 EPS and $191.6M revenue, both above expectations, and management highlighted improving operating results. Movado Group Announces Fourth Quarter and Fiscal Year 2026 Results
• Positive Sentiment: Dividend declared: Movado announced a $0.35 quarterly dividend (annualized yield ~5.6%), which supports income investors and can underpin valuation.
• Positive Sentiment: Analyst support and higher targets: BWS Financial reaffirmed a Buy with a $31.50 target and Northland reiterated a Strong‑Buy/Buy view with a ~$30 target while raising several near‑term quarterly estimates — signals of continued analyst confidence. Benzinga Northland Buy Rating & Price Target
• Neutral Sentiment: Mixed estimate revisions from Northland: the firm raised some quarterly/near‑term EPS forecasts (Q1/Q4 2028) but trimmed others (several Q2/Q3 2027 estimates) and slightly lowered FY2028 from $1.87 to $1.83 — a nuanced view that partially offsets the positive revisions.
• Negative Sentiment: Management withheld FY27 outlook and flagged near‑term headwinds: the company did not provide full‑year guidance and public coverage highlighted tariff pressures and international weakness (Middle East/currency effects), which increase uncertainty for forward growth and margins. Movado Withholds FY27 Outlook (MarketWatch) Tariff Pressure Report (Investing.com)

Institutional Trading of Movado Group

Several hedge funds have recently added to or reduced their stakes in MOV. PNC Financial Services Group Inc. boosted its holdings in shares of Movado Group by 39.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,598 shares of the company’s stock valued at $33,000 after buying an additional 449 shares during the period. CANADA LIFE ASSURANCE Co increased its position in shares of Movado Group by 70.2% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,756 shares of the company’s stock worth $36,000 after acquiring an additional 724 shares in the last quarter. Comerica Bank raised its holdings in shares of Movado Group by 99.0% during the third quarter. Comerica Bank now owns 1,785 shares of the company’s stock worth $34,000 after acquiring an additional 888 shares during the period. State of Wyoming lifted its position in Movado Group by 23.5% in the 4th quarter. State of Wyoming now owns 5,443 shares of the company’s stock valued at $112,000 after acquiring an additional 1,036 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in Movado Group by 4.1% in the 1st quarter. Royal Bank of Canada now owns 26,524 shares of the company’s stock valued at $444,000 after acquiring an additional 1,042 shares in the last quarter. Institutional investors and hedge funds own 72.08% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on MOV shares. BWS Financial reissued a “buy” rating and set a $31.50 price target on shares of Movado Group in a report on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Movado Group in a research note on Monday, December 29th. Zacks Research raised shares of Movado Group from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Northland Securities assumed coverage on shares of Movado Group in a research note on Wednesday, January 7th. They issued an “outperform” rating and a $30.00 target price for the company. Finally, Wall Street Zen raised 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 stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.75.

About Movado Group

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.