MarketBeat
Wed, May 27, 2026 astatine 10:16 AM CDT 7 min read
Key Points
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Interested successful Movado Group Inc.? Here are 5 stocks we similar better.
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Movado Group posted a beardown archetypal quarter, with nett income up 8.1% to $142.4 cardinal and adjusted EPS rising to $0.32 from $0.08. Adjusted operating nett besides jumped to $7.5 cardinal from $900,000 a twelvemonth earlier.
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U.S. request and direct-to-consumer income drove the improvement, helped by retailer replenishment, amended Europe trends, and maturation crossed Movado.com and institution stores. Management said the Middle East remained a large resistance due to the fact that of ongoing conflict.
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The institution remains financially coagulated but withheld full-year guidance owed to economical and geopolitical uncertainty. Movado ended the 4th debt-free with $225.3 cardinal successful currency and raised its quarterly dividend to $0.40 per share.
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Movado Group (NYSE:MOV) reported higher first-quarter fiscal 2027 income and profit, citing stronger request successful the U.S., improving trends successful Europe, direct-to-consumer maturation and retailer replenishment enactment pursuing a better-than-expected 4th quarter.
Chairman and Chief Executive Officer Efraim Grinberg said the watchmaker was “very pleased” with its commencement to the year, adding that first-quarter results showed “meaningful momentum crossed our concern and continued user spot contempt a dynamic outer environment.”
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Movado Group, Inc. Is Leveraging The Omnichannel Experience
Net income roseate 8.1% to $142.4 cardinal from $131.8 cardinal a twelvemonth earlier. On a changeless currency basis, income accrued 4.5%. Adjusted operating nett accrued to $7.5 cardinal from $900,000 successful the prior-year quarter, portion adjusted net per diluted stock roseate to $0.32 from $0.08.
Chief Financial Officer Sallie DeMarsilis said the 4th marked Movado’s 4th consecutive 4th of sequential improvements. She said maturation came from the company’s owned brands, licensed brands and institution stores, with “strong wide sales” much than offsetting anemic show successful the Middle East owed to the ongoing conflict.
U.S. Momentum and Direct-to-Consumer Growth Support Results
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Movado Group Incorporated Pulls Back After Robust Results
By geography, U.S. nett income accrued 8.7% from the prior-year quarter. International nett income roseate 7.6%, oregon 1.6% connected a changeless currency basis.
Grinberg said the Middle East was “extremely challenging” due to the fact that of the ongoing conflict, and that excluding the region, maturation would person been much significant. He pointed to continued U.S. strength, improving trends successful Europe, currency tailwinds and robust maturation successful Movado’s direct-to-consumer business.

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