Movado Group, Inc. (MOV)

In the past six months, Movado Group's stock has been influenced by several events. First-quarter fiscal year 2026 results showed declining revenue and shrinking margins, leading to a "hold" rating downgrade. Second-quarter fiscal year 2026 earnings exceeded revenue expectations, causing a stock increase. A quarterly cash dividend of $0.35 per share was announced. Concerns about tariffs and a potential U.S. recession were noted as headwinds. The stock experienced a notable decline of 11.58% on October 27, 2025. Institutional ownership changes occurred, with some firms purchasing shares and others selling or boosting their holdings in September 2025.

Movado Group, Inc. experiences demand seasonality, with sales traditionally higher during the Christmas and holiday season, resulting in greater net sales during the second half of its fiscal year. Major selling seasons in certain international markets are concentrated around significant local holidays in late winter or early spring.

Movado Group, Inc. is a global company that designs, sources, markets, and distributes watches, jewelry, and accessories, operating primarily in the Luxury Goods industry. Its portfolio includes owned brands like MOVADO, MVMT, OLIVIA BURTON, EBEL, and CONCORD, as well as licensed brands such as CALVIN KLEIN, COACH, TOMMY HILFIGER, HUGO BOSS, and LACOSTE. The company has also expanded into smartwatches and operates Movado Company Stores in the United States and Canada.

Movado Group distributes its watches worldwide and maintains Movado Company Stores in the United States and Canada. It has its own sales force operating from sales and distribution offices in several countries, including Australia, Canada, Mainland China, France, Germany, Hong Kong, India, Spain, Switzerland, the United Kingdom, Mexico, and the United Arab Emirates. Additionally, the company uses a network of independent distributors to sell its brands globally.

In the past year, Movado Group, Inc. has emphasized corporate responsibility and brand heritage. The company published its 2025 Corporate Responsibility Report, detailing progress in its "Make Time" plan, which focuses on workforce empowerment, business operations improvement, and community enrichment. Key achievements include cost savings on transit cartons, a reduction of virgin plastic, and expanded partnerships with cultural institutions. Movado also unveiled its "Always in Motion. Since 1881." campaign, highlighting its long-standing brand identity.

Institutions hold the largest share of Movado Group, Inc. at 63.2%. Private companies account for 14.7% of ownership, followed by individual insiders at 12.9%. The general public holds 9.19% of the company's shares, while a very small percentage is held by state or government entities.