MOV

Movado (MOV) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +481.82%. A quarter ago, it was expected that this watchmaker would post earnings of $0.53 per share when it actually produced earnings of $0.57, delivering a surprise of +7.55%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Movado, which belongs to the Zacks Retail - Jewelry industry, posted revenues of $142.4 million for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 5.39%. This compares to year-ago revenues of $131.77 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Movado shares have added about 44.6% since the beginning of the year versus the S&P 500's gain of 9.8%. While Movado has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Movado was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be inte...

PARAMUS, N.J. (AP) — PARAMUS, N.J. (AP) — Movado Group Inc. (MOV) on Wednesday reported net income of $6.9 million in its fiscal first quarter. On a per-share basis, the Paramus, New Jersey-based company said it had net income of 30 cents. Earnings, adjusted for non-recurring costs, were 32 cents per share. The watchmaker posted revenue of $142.4 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MOV at https://www.zacks.com/ap/MOV

~ Net Sales of $142.4 million ~ ~ Operating Income of $7.0 million and Adjusted Operating Income of $7.5 million ~ ~ EPS of $0.30 and Adjusted EPS of $0.32 ~ ~ Board Approves $0.05 Increase in Quarterly Dividend to $0.40 Per Share ~ PARAMUS, N.J., May 27, 2026--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced first quarter fiscal 2027 results for the period ended April 30, 2026. First Quarter Fiscal 2027 Highlights Net sales of $142.4 million versus $131.8 million in the first quarter of fiscal 2026; Gross margin of 57.3% compared to 54.1% in the first quarter of fiscal 2026; Operating income of $7.0 million compared to $0.3 million in the first quarter of fiscal 2026; Adjusted operating income of $7.5 million compared to $0.9 million in the first quarter of fiscal 2026; Diluted earnings per share of $0.30 compared to $0.06 in the first quarter of fiscal 2026; Adjusted diluted earnings per share of $0.32 compared to $0.08 in the first quarter of fiscal 2026; and Ended the quarter with $225.3 million in cash and no debt. Efraim Grinberg, Chairman and Chief Executive Officer, stated: "We are pleased with our start to the year, accelerating the momentum from year-end and delivering a strong first quarter. We increased net sales by 8%, expanded gross margin by 320 basis points, and delivered earnings per share of $0.30 compared to $0.06 in the prior year — while also making meaningful progress on our strategic initiatives." "We continued to drive strong results across both our direct and wholesale businesses. Our two largest markets, the United States and Europe, performed particularly well and more than offset declines in the Middle East stemming from the conflict in that region. First quarter net sales benefited from the positive impact of fluctuations in foreign exchange rates and replenishment shipments driven by our strong holiday performance. The innovation we have delivered across our brands is resonating with consumers and generating increased demand — especially among younger consumers. On the marketing front, our teams are connecting with consumers through energized storytelling across digital platforms." Mr. Grinberg concluded: "Looking ahead, we are excited about the new Movado campaign highlighting the brand’s rich 145-year heritage and Swiss craftsmanship. We will continue to build on the momentum we are seeing across our fashion wat...

Interested in Movado Group Inc.? Here are five stocks we like better. Movado Group posted a strong first quarter, with net sales up 8.1% to $142.4 million and adjusted EPS rising to $0.32 from $0.08. Adjusted operating profit also jumped to $7.5 million from $900,000 a year earlier. U.S. demand and direct-to-consumer sales drove the improvement, helped by retailer replenishment, better Europe trends, and growth across Movado.com and company stores. Management said the Middle East remained a major drag because of ongoing conflict. The company remains financially solid but withheld full-year guidance due to economic and geopolitical uncertainty. Movado ended the quarter debt-free with $225.3 million in cash and raised its quarterly dividend to $0.40 per share. 3 Underfollowed Stocks Wall Street Still Likes—And for Good Reason Movado Group (NYSE:MOV) reported higher first-quarter fiscal 2027 sales and profit, citing stronger demand in the U.S., improving trends in Europe, direct-to-consumer growth and retailer replenishment activity following a better-than-expected fourth quarter. Chairman and Chief Executive Officer Efraim Grinberg said the watchmaker was “very pleased” with its start to the year, adding that first-quarter results showed “meaningful momentum across our business and continued consumer strength despite a dynamic external environment.” → Voya Financial Grows Earnings Across All 3 Business Segments Movado Group, Inc. Is Leveraging The Omnichannel Experience Net sales rose 8.1% to $142.4 million from $131.8 million a year earlier. On a constant currency basis, sales increased 4.5%. Adjusted operating profit increased to $7.5 million from $900,000 in the prior-year quarter, while adjusted earnings per diluted share rose to $0.32 from $0.08. Chief Financial Officer Sallie DeMarsilis said the quarter marked Movado’s fourth consecutive quarter of sequential improvements. She said growth came from the company’s owned brands, licensed brands and company stores, with “strong overall sales” more than offsetting weak performance in the Middle East due to the ongoing conflict. → SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns Movado Group Incorporated Pulls Back After Robust Results By geography, U.S. net sales increased 8.7% from the prior-year quarter. International net sales rose 7.6%, or 1.6% on a constant currency basis. Grinberg sai...

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Performance was driven by a resurgence in the fashion watch category, particularly among younger consumers who are increasingly attracted to traditional watch designs. Sales growth of 8.1% was supported by robust retailer replenishment following a stronger-than-expected Q4, alongside double-digit growth in direct-to-consumer channels. Gross margin expansion of 320 basis points resulted from a favorable channel and product mix, specifically higher full-price selling and growth in owned brands. The Middle East remains a significant headwind due to ongoing conflict; excluding this region, constant currency growth for licensed brands would have been 9.2% versus the reported 6.5%. Strategic focus on 'trend-right' innovation, such as smaller case sizes and distinctive shapes, is successfully attracting Gen Z consumers to brands like Coach and Calvin Klein. Management attributed the significant jump in adjusted operating profit to strong execution against strategic priorities and increased leverage of costs over higher sales volumes. Management expects sales growth to moderate in the second quarter on a constant currency basis following the heavy replenishment activity seen in Q1. Full-year gross margins are expected to be higher than the previous year, though management cautioned that the 57.3% rate achieved in Q1 may not be sustained at that exact level. The company is focused on replenishing sold-out Movado brand inventory by summer to prepare for the critical Father's Day and holiday selling seasons. Strategic initiatives for the remainder of the year include reducing SKU counts and rationalizing the supplier base to drive long-term operational efficiency. Guidance remains suspended due to macroeconomic and geopolitical uncertainty, specifically the unpredictable nature of the Middle East conflict. The Board approved a $0.05 increase in the quarterly dividend to $0.40 per share, reflecting confidence in the company's $225.3 million cash position and zero debt. Q1 results included temporary gross margin favorability from the elimination of IEEFA tariffs on residual inventory in U.S. warehouses. Management has elected not to recognize a potential $10 million gain from IEEFA tariff recoveries until the cash refund...

Luxury watch company Movado (NYSE:MOV) will be announcing earnings results this Wednesday morning. Here’s what investors should know. Movado beat analysts’ revenue expectations last quarter, reporting revenues of $191.6 million, up 5.6% year on year. It was a mixed quarter for the company, with an impressive beat of analysts’ revenue estimates but a significant miss of analysts’ EBITDA estimates. Is Movado a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Movado’s revenue to grow 2.5% year on year, a reversal from the 1.9% decrease it recorded in the same quarter last year. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Movado has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at Movado’s peers in the consumer discretionary - apparel and accessories segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Figs delivered year-on-year revenue growth of 28%, beating analysts’ expectations by 4.7%, and Carter's reported revenues up 8.1%, topping estimates by 3.2%. Figs traded down 24.3% following the results while Carter's was up 7.2%. Read our full analysis of Figs’s results here and Carter’s results here. The market narrative shifted from AI-driven sector rotation in late 2025 to geopolitical shock as the US-Iran conflict dominated early 2026. While some of the consumer discretionary - apparel and accessories stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.1% on average over the last month. Movado is up 4.1% during the same time and is heading into earnings with an average analyst price target of $30.75 (compared to the current share price of $28.45). ONE MORE THING: The $21 AI Application Stock Wall Street Forgot. While Wall Street obsesses over who’s building AI, one company is already using it to print money. And nobody’s paying attention. AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won’t last. The institutions will figure it out. You need to see this first. Read the...

PARAMUS, N.J., May 20, 2026--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) invites investors to listen to a live broadcast of the Company's conference call to discuss first quarter fiscal year 2027 earnings results on Wednesday, May 27, 2026, at 9:00 a.m. Eastern Time. A press release detailing the Company’s first quarter fiscal year 2027 results will be issued before the market opens and prior to the call. The conference call will be hosted by Efraim Grinberg, Chairman and Chief Executive Officer, and Sallie DeMarsilis, Executive Vice President and Chief Financial Officer. Investors and analysts interested in participating on the call are invited to dial (877) 407-0784 and reference conference ID number 13760697 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at www.movadogroup.com. The webcast will be archived online within one hour of the completion of the conference call and remain available for 90 days. Additionally, a telephonic re-play of the call will be available at 1:00 p.m. ET on May 27, 2026, until 11:59 p.m. ET on June 10, 2026 and can be accessed by dialing (844) 512-2921 and entering replay pin number 13760697. Movado Group, Inc. designs, sources, and globally distributes and sells MOVADO®, MVMT®, OLIVIA BURTON®, EBEL®, CONCORD®, CALVIN KLEIN®, COACH®, TOMMY HILFIGER®, HUGO BOSS® and LACOSTE® watches and, to a lesser extent, jewelry and other accessories, and operates Movado Company Stores in the United States and Canada. View source version on businesswire.com: https://www.businesswire.com/news/home/20260520980441/en/ Contacts ICR, Inc.Investors:Allison Malkin203-682-8225

Envela Corporation (ELA) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +161.54%. A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.23, delivering a surprise of +155.56%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Envela, which belongs to the Zacks Retail - Jewelry industry, posted revenues of $98.38 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 63.40%. This compares to year-ago revenues of $48.26 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Envela shares have added about 29.8% since the beginning of the year versus the S&P 500's gain of 6%. While Envela has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Envela was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be in...

Movado’s fourth quarter delivered better-than-expected results, with Wall Street responding positively to the company’s ability to grow sales and improve profitability. Management pointed to robust demand in the U.S., especially from younger consumers and women, as a key driver. CEO Efraim Grinberg highlighted that “continued strength in both the fashion watch and accessible luxury segment in the U.S.”, combined with successful in-store execution and refreshed product lines, supported the quarter’s outperformance. The company’s omnichannel approach and focus on digital engagement also contributed to increased sales and higher average selling prices. Is now the time to buy MOV? Find out in our full research report (it’s free). Revenue: $191.6 million vs analyst estimates of $182 million (5.6% year-on-year growth, 5.3% beat) Adjusted EPS: $0.57 vs analyst estimates of $0.54 (5.6% beat) Adjusted EBITDA: $8.9 million vs analyst estimates of $16.89 million (4.6% margin, 47.3% miss) Operating Margin: 7.4%, in line with the same quarter last year Market Capitalization: $536.1 million While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Owen Rickert (Northland Capital) asked what drove Movado.com’s 18% growth in Q4. CEO Efraim Grinberg cited higher consumer engagement, innovation in product design, and rising average selling prices as key contributors. Owen Rickert (Northland Capital) inquired about the makeup of U.S. sales growth. Grinberg clarified that most growth was volume-driven, with only minimal price increases passed through to offset tariffs. Owen Rickert (Northland Capital) questioned the gross margin impact of tariffs. CFO Sallie DeMarsilis quantified the tariff drag as about 150 basis points for the year, with ongoing uncertainty in rates for the next year. Owen Rickert (Northland Capital) asked about criteria for accelerating share buybacks. Grinberg explained that repurchase activity is balanced against maintaining a solid dividend and strong cash reserves. Hamed Khorsand (BWS Financial) sought clarity on wholesale demand versus inventory restocking. Grinberg responded that recent wholesale momentum reflected genu...

Returned to growth: Fiscal 2026 revenue rose 2.7% to $671.3 million and adjusted operating income jumped 28.7% to $34.8 million, with Q4 sales up 5.6% to $191.6 million and gross margins essentially stable (~54%), despite tariffs that added about $10 million to COGS (≈150 bps impact for the year, ≈180 bps in Q4). Brand and product momentum: Movado and licensed brands are gaining traction with younger consumers and women (Movado wholesale +25% and e‑commerce +18% in Q4) driven by smaller case sizes, jewelry-inspired designs, new launches and a stronger omnichannel/digital storytelling push. Strong liquidity but cautious outlook: The company ended the year with $230.5 million in cash and no debt, repurchased ~208,000 shares (≈$46.1 million buyback capacity remaining), yet declined to give fiscal 2027 guidance due to geopolitical and tariff uncertainties. Interested in Movado Group Inc.? Here are five stocks we like better. 3 Underfollowed Stocks Wall Street Still Likes—And for Good Reason Movado Group (NYSE:MOV) reported a return to growth in fiscal 2026, with management pointing to improving demand trends, brand and product innovation, and disciplined execution on profitability initiatives. Chairman and CEO Efraim Grinberg said the company was “pleased to return to growth” following what he described as a challenging fiscal 2025. For fiscal 2026, revenue increased 2.7% to $671.3 million, while adjusted operating income rose 28.7% to $34.8 million. Grinberg said results exceeded the company’s expectations and improved as the year progressed. → Forget Chipmakers: Walmart and Target Are the Real AI Plays Movado Group, Inc. Is Leveraging The Omnichannel Experience In the fourth quarter, sales rose 5.6% year over year to $191.6 million, led by the company’s U.S. wholesale and retail businesses. Adjusted operating income for the quarter increased 6.2% to $14.4 million. CFO Sallie DeMarsilis said that in constant dollars, fourth-quarter net sales increased 1.8%. U.S. net sales increased 11.2% during the quarter, while international net sales rose 1% as reported but declined 5.9% on a constant currency basis. DeMarsilis cited strong performances in markets such as Europe and Mexico, offset by a weaker performance in the Middle East, which she said had been an important market that Movado was rebuilding. → Expedia Stock Turns Volatile After Rally. Where Does It Go Nex...

This article first appeared on GuruFocus. Revenue: Increased 2.7% to $671.3 million for fiscal 2026. Fourth Quarter Sales: Increased 5.6% to $191.6 million. Adjusted Operating Income: Grew 28.7% to $34.8 million for the fiscal year; 6.2% increase to $14.4 million for the fourth quarter. Operating Cash Flow: Generated $57.9 million. Cash and Debt: Ended the year with $230 million in cash and no debt. Gross Margin: Nearly flat at 54.1% for the fourth quarter; 54.2% for the fiscal year. Net Income: $13 million or $0.57 per diluted share for the fourth quarter; $30.4 million or $1.34 per diluted share for the fiscal year. US Net Sales: Increased 11.2% for the fourth quarter; 4.3% for the fiscal year. International Net Sales: Increased 1% for the fourth quarter; 1.6% for the fiscal year. Operating Expenses: $89.3 million for the fourth quarter, up from $84.8 million last year. Inventory: $158.3 million at the end of the fiscal year. Share Repurchases: Approximately 208,000 shares repurchased during fiscal 2026. Warning! GuruFocus has detected 4 Warning Signs with MOV. Is MOV fairly valued? Test your thesis with our free DCF calculator. Release Date: March 19, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Movado Group Inc (NYSE:MOV) reported a 2.7% increase in revenue to $671.3 million for fiscal 2026, with a notable 5.6% growth in the fourth quarter. The company achieved a 28.7% growth in adjusted operating income, reaching $34.8 million, indicating strong execution across strategic priorities. Movado Group Inc (NYSE:MOV) ended the fiscal year with $230 million in cash and no debt, providing significant financial flexibility. The company's US wholesale and retail business led the growth, with US net sales increasing by 11.2% in the fourth quarter. Movado Group Inc (NYSE:MOV) saw strong engagement from younger consumers and a return of women to the fashion watch category, driven by new designs and smaller case sizes. The company faced external pressures, including tariffs, which impacted gross margins, with a $10 million cost due to IEEPA tariffs. International net sales increased by only 1%, with a decrease of 5.9% on a constant currency basis, partly due to weaker performance in the Middle East. Operating expenses increased to $89.3 million, driven by higher performance-based compensation. The company d...