Consumer Cyclical -
Luxury Goods - NYSE - US
$ 13.64
-10 %
$ 214 M
Market Cap
12.99
P/E
1. INTRINSIC VALUE
Balance Sheet
Movado Group, Inc.
| Current Assets | 544 M |
| Cash & Short-Term Investments | 262 M |
| Receivables | 116 M |
| Other Current Assets | 166 M |
| Non-Current Assets | 225 M |
| Long-Term Investments | 755 K |
| PP&E | 102 M |
| Other Non-Current Assets | 122 M |
| Current Liabilities | 113 M |
| Accounts Payable | 32.8 M |
| Short-Term Debt | 15.7 M |
| Other Current Liabilities | 64.6 M |
| Non-Current Liabilities | 137 M |
| Long-Term Debt | 76.4 M |
| Other Non-Current Liabilities | 60.7 M |
EFFICIENCY
Earnings Waterfall
Movado Group, Inc.
| Revenue | 673 M |
| Cost Of Revenue | 302 M |
| Gross Profit | 370 M |
| Operating Expenses | 316 M |
| Operating Income | 54.7 M |
| Other Expenses | 7.99 M |
| Net Income | 46.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Movado Group, Inc.
| Net Income | 46.7 M |
| Depreciation & Amortization | 9.64 M |
| Capital Expenditures | -8.37 M |
| Stock-Based Compensation | 7.44 M |
| Change in Working Capital | 4.67 M |
| Others | -30.6 M |
| Free Cash Flow | 68.4 M |
Wall Street Analysts Price Targets
Movado Group, Inc.
MOV has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
1.89%
DIVIDEND YIELD
0.35 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Movado Group, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
32.4 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
MovieCoin (MOV) Shaping the Future of Film Investment with Winvest Group
RENO, NEVADA, Feb. 27, 2025 (GLOBE NEWSWIRE) -- A visionary investment team has launched MovieCoin (MOV), a blockchain-powered financing platform designed to support Winvest Group's (OTCQB: WNLV) development in movie production and Launchrr aggregation platform. MOV leverages a new financial model to bridge crypto investment with traditional capital markets, fostering long-term growth for investors.
globenewswire.com
- 1 month ago
Jessica Alba partners with Elle Magazine and Movado for the 2nd Annual Culture Makers Event
LOS ANGELES , Feb. 25, 2025 /PRNewswire/ -- Jessica Alba hosted the second annual Culture Makers event at her home in partnership with Movado (NYSE: MOV) and Elle Magazine. The co-hosts for the evening along with Alba included Nina Garcia, Editor-in-Chief, ELLE Magazine and Tracy Brennan, Senior Executive at CAA.
prnewswire.com
- 1 month ago
Movado Partners With Derrick Adams to Unveil New Artist Series Collection
Exclusive collaboration highlights Adams' vision of the black experience through contemporary cubism and Movado's iconic Museum Dial with limited edition watches, clocks and collectors set PARAMUS, N.J. , Jan. 17, 2025 /PRNewswire/ -- Movado Group, Inc. (NYSE: MOV) is proud to announce its new Artist Series collaboration with Derrick Adams, a multidisciplinary artist, and one of the leading black artists of the 21st century.
prnewswire.com
- 3 months ago
Movado Group, Inc. Announces Participation in the ICR Conference 2025
PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced that the Company will participate in a fireside chat presentation and host investor meetings at ICR Conference 2025 being held January 13th through January 15th, 2025 at the Grande Lakes Orlando in Orlando, Florida. The fireside chat presentation will be held on Tuesday, January 14th, 2025 at 2:00pm Eastern Time. Efraim Grinberg, Chairman and Chief Executive Officer, will host the fireside chat presentation. Sallie D.
businesswire.com
- 3 months ago
Movado Group, Inc. (MOV) Q3 2025 Earnings Call Transcript
Movado Group, Inc. (NYSE:MOV ) Q3 2025 Earnings Call Transcript December 5, 2024 9:00 AM ET Company Participants Allison Malkin - ICR Efraim Grinberg - Chairman and CEO Sallie DeMarsilis - EVP, COO and CFO Conference Call Participants Michael Legg - The Benchmark Company Operator Good day, everybody, and welcome to the Movado Group, Incorporated Third Quarter Fiscal Year 2025 Earnings Conference Call. As a reminder, today's call is being recorded and may not be reproduced in full or in part without permission from the company.
seekingalpha.com
- 4 months ago
Movado Group, Inc. Announces Third Quarter Results
PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced third quarter and nine-month results for the periods ended October 31, 2024. Efraim Grinberg, Chairman and Chief Executive Officer, stated, “We continued to advance our strategy in the third quarter, unveiling a captivating Movado brand-building marketing campaign in September, launching iconic product families across our brand portfolio, and delivering solid growth in our digital channel, all while maintaining a str.
businesswire.com
- 4 months ago
Movado Group, Inc. Announces Date of Conference Call and Webcast for Third Quarter Fiscal Year 2025 Results
PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) invites investors to listen to a broadcast of the Company's conference call to discuss third quarter fiscal year 2025 earnings results on Thursday, December 5, 2024 at 9:00 a.m. Eastern Time. A press release detailing the Company's third quarter fiscal year 2025 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.
businesswire.com
- 4 months ago
Movado Group Publishes 2024 Corporate Responsibility Report
PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) has published its 2024 Corporate Responsibility report. The report details the continued evolution of Movado Group's Corporate Responsibility program for the fiscal year ending January 31, 2024, and the progress the Company has made in its plan to “Make Time”, announced in 2022. The “Make Time” plan initially outlined the Company's goal to strengthen employee engagement, assess environmental impacts and opportunities, nurture future.
businesswire.com
- 5 months ago
Amentum Set to Join S&P 500; Bath & Body Works to Join S&P SmallCap 600
NEW YORK, Sept. 24, 2024 /PRNewswire/ -- Amentum Holdings Inc. (NYSE: AMTM) will be added to the S&P 500 effective prior to the open of trading on Monday, September 30, replacing Bath & Body Works, Inc. (NYSE: BBWI), which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Tuesday, October 1. Bath & Body Works will replace Movado Group, Inc. (NYSE: MOV) in the S&P SmallCap 600 also effective prior to the open of trading on October 1. S&P 500 constituent Jacob's Solutions Inc. (NYSE: J) is spinning off its Critical Mission Solutions and Cyber Intelligence business, which will merge with private Amentum to create newly publicly traded Amentum Holdings in a transaction expected to be completed on September 30. Bath & Body Works is no longer representative of the large-cap market space and Movado is no longer representative of the small-cap market space.
prnewswire.com
- 6 months ago
Movado Q2: Higher Marketing Spend Shows Little Returns So Far
Watch designer and seller Movado's Q2 results came in mixed compared to expectations, but the lowered FY2025 outlook underlines poor returns from the increased marketing spend so far. Movado's "When I Move You Move" brand ambassador campaign needs to pay off, and while brand Google searches show stabilization, the brand is still far from good growth. The MOV stock remains unattractive in a base scenario, where the brand's sales remain stagnant and Movado keeps too high cash on its balance sheet.
seekingalpha.com
- 7 months ago
Why Movado Stock Got Thrashed on Thursday
The fashion conglomerate failed to meet its own expectations for second-quarter performance. It posted decreases on both the top and bottom lines.
fool.com
- 7 months ago
Movado Group, Inc. (MOV) Q2 2025 Earnings Call Transcript
Movado Group, Inc. (NYSE:MOV ) Q2 2025 Earnings Conference Call September 5, 2024 9:00 AM ET Company Participants Allison Malkin – Investor Relations-ICR, Inc. Efraim Grinberg – Chief Executive Officer Sallie DeMarsilis – Executive Vice President, Chief Operating Officer and Chief Financial Officer Conference Call Participants Michael Legg – The Benchmark Company Operator Good day everyone, and welcome to Movado Group, Incorporated Second Quarter Fiscal Year 2025 Earnings Conference Call. As a reminder, today's call is being recorded and may not be reproduced in full or in part without permission from the company.
seekingalpha.com
- 7 months ago
8. Profile
Summary
Movado Group, Inc. MOV
COUNTRY
US
INDUSTRY
Luxury Goods
MARKET CAP
$ 214 M
Dividend Yield
1.89%
Description
Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. The company operates in two segments, Watch and Accessory Brands, and Company Stores. It offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands, such as Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, Calvin Klein, and Scuderia Ferrari. The company also provides after-sales and shipping services. Its customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. The company also sells directly to consumers through its e-commerce platforms. As of January 31, 2022, it operated 51 retail outlet locations. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey.
Contact
650 From Road, Paramus, NJ, 07652-3556
https://www.movadogroup.com
IPO
Date
Sept. 30, 1993
Employees
1089
Officers
Ms. Sallie A. DeMarsilis CPA
Executive Vice President, Chief Operating Officer & Chief Financial Officer
Ms. Debbie Forman-Pavan
President of North America Sales
Mr. Efraim Grinberg
Chairman & Chief Executive Officer
Mr. Alexander Grinberg
Senior Vice President of Customer Experience & Director
Ms. Margot Grinberg
President of the Movado Brand & Senior Vice President of E-Commerce
Mr. Behzad Soltani
Executive Vice President, Commercial President & Chief Technology Officer
Mr. Mitchell C. Sussis
Senior Vice President, General Counsel & Secretary
Ms. Michelle Kennedy
Senior Vice President of Human Resources
Ms. Linda Feeney
Senior Vice President & Principal Accounting Officer