Movado Group
Watch and accessory designer spanning owned brands and licensed fashion-house labels worldwide.
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Profile
Designs and markets watches and accessories through owned brands such as Movado, Concord, and EBEL alongside watches licensed from fashion houses including Coach and Tommy Hilfiger, sold through wholesale partners, international distributors, and outlet stores, with licensed labels now driving most of the watch business.
Designs, markets, and distributes watches and accessories across a portfolio of owned brands — Movado, Concord, EBEL, Olivia Burton, and MVMT — alongside watches produced under license from fashion houses including Coach, Tommy Hilfiger, Hugo Boss, Lacoste, and Calvin Klein.
Sales split between the United States and international markets, with more than half typically originating outside the US across Europe, Asia, the Middle East, and the rest of the Americas.
The flagship Movado brand centers on a minimalist single-dot watch face that entered the Museum of Modern Art's permanent design collection, anchoring the group's design-led identity within fashion watchmaking.
Licensed brands now generate the larger share of watch revenue, tying much of the portfolio to license terms set by outside brand owners, while a dual-class share structure keeps voting control concentrated within the founding family.
Company facts
Categories
Key statistics
Year to date +64.1% · Average volume (30d) 189.0K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior target | Target |
|---|---|---|---|---|
| Jun 4, 2026 | Northland Securities | Target | $35 | $50 |
| May 27, 2026 | Northland Securities | Target | $30 | $35 |
| Jan 7, 2026 | Northland Securities | Target | $30 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 26, 2026Q2 FY27 | $0.35 | $0.54 | +53.2% | $164.2M | $169.8M | +3.4% | +0.09% |
| May 27, 2026Q1 FY27 | $0.06 | $0.32 | +433.3% | $135.1M | $142.4M | +5.4% | +3.79% |
| Mar 19, 2026Q4 FY26 | $0.53 | $0.57 | +7.5% | $182.0M | $191.6M | +5.3% | −4.80% |
| Nov 25, 2025Q3 FY26 | $0.57 | $0.45 | −21.1% | $182.0M | $186.1M | +2.3% | +3.25% |
Financial highlights
| 12 quarters | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | |
|---|---|---|---|---|---|---|---|
| Revenue | $131.9M | $161.8M | $186.1M | $191.6M | $142.4M | $169.8M | |
| Gross profit | $71.5M | $87.6M | $101.1M | $103.6M | $81.6M | $100.8M | |
| Operating income | $991.0K | $4.0M | $11.7M | $13.8M | $7.0M | $14.9M | |
| Net income | $1.4M | $3.0M | $9.6M | $12.6M | $6.9M | $12.3M | |
| Diluted EPS | $0.06 | $0.13 | $0.42 | $0.55 | $0.30 | $0.53 | |
| Gross margin | 54.2% | 54.1% | 54.3% | 54.1% | 57.3% | 59.4% | |
| Operating margin | 0.8% | 2.5% | 6.3% | 7.2% | 4.9% | 8.8% |
Fiscal years (4-quarter sums)FY22 $732.4M · FY23 $751.9M · FY24 $672.6M · FY25 $646.6M · FY26 $671.4M
Revenue by product · Q2 FY27
Revenue by geography · Q2 FY27
Balance sheet, Jul 31, 2026Cash & short-term investments $211.6M · Total debt $49.7M · Total assets $743.3M · Shareholders' equity $507.2M
Dividends
Raised for 4 straight years — most recently to $0.40 from $0.35 in Jun 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 10, 2026 | Jun 10 | Jun 24 | $0.40 | raised from $0.35 |
| Apr 2, 2026 | Apr 2 | Apr 16 | $0.35 | |
| Dec 8, 2025 | Dec 8 | Dec 22 | $0.35 | |
| Sep 8, 2025 | Sep 8 | Sep 22 | $0.35 | |
| Jun 12, 2025 | Jun 12 | Jun 26 | $0.35 | |
| Apr 22, 2025 | Apr 22 | May 6 | $0.35 | |
| Dec 16, 2024 | Dec 16 | Dec 30 | $0.35 | |
| Sep 16, 2024 | Sep 16 | Sep 30 | $0.35 |
Ownership
Institutions and insiders are filed separately and overlap, so together they can pass the whole company. No split is drawn from them.
Shares outstanding 15.77M · Float —
Float — provider float is below the insider stake.
The provider's float is smaller than the insider stake it should exclude, so it is not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 1.34M | 8.52% | 13F | Aug 7, 2026 |
| Goldman Sachs Group Inc | 943.1K | 5.98% | 13F | Aug 14, 2026 |
| Dimensional Fund Advisors LP | 879.1K | 5.57% | 13F | Aug 11, 2026 |
| Royce & Associates LP | 826.6K | 5.24% | 13F | Aug 14, 2026 |
| Ameriprise Financial Inc | 673.8K | 4.27% | 13F | Aug 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jan 5, 2022 | Alexander Grinberg | director | −4,935 | $43.05 |
| Dec 9, 2025 | Michelle Kennedy | officer: SVP, Human Resources | −1,290 | $20.89 |
Peers
- Fossil Group
Head-to-head in licensed fashion watches and wholesale/outlet retail
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Movado Group | $34.48 | +0.03% | $543.8M | 19.2 | 16.9 | 0.8 | +4.9% |
| Fossil Group | $5.28 | −1.49% | $316.2M | — | 27.5 | 0.3 | −4.9% |
| Median | — | 27.5 | 0.3 | −4.9% |