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MovadoNYSE: MOV

Profile

Industry:

Luxury Goods

Country:

United States

IPO:

30 September 1993

Next earnings report:

29 November 2024

Last dividends:

16 September 2024

Next dividends:

N/A
$428.21 M
-60%vs. 3y high
41%vs. sector
-25%vs. 3y high
25%vs. sector
-64%vs. 3y high
39%vs. sector
-58%vs. 3y high
43%vs. sector

Price

regular market | 4 min ago
$19.27-$0.77(-3.84%)
$159.31 M$187.70 M
$159.31 M$3.72 M

Analysts recommendations

Institutional Ownership

MOV Latest News

Amentum Set to Join S&P 500; Bath & Body Works to Join S&P SmallCap 600
prnewswire.com24 September 2024 Sentiment: POSITIVE

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.

Movado Q2: Higher Marketing Spend Shows Little Returns So Far
seekingalpha.com11 September 2024 Sentiment: NEGATIVE

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.

Why Movado Stock Got Thrashed on Thursday
fool.com05 September 2024 Sentiment: NEGATIVE

The fashion conglomerate failed to meet its own expectations for second-quarter performance. It posted decreases on both the top and bottom lines.

Movado: Scrutinizing Threats To Its Position In The Watch Market
Seeking Alpha18 August 2023 Sentiment: NEGATIVE

Movado's core brands have struggled with maintaining and improving reach, leading to a sustained decline in interest and low growth. The company's revenue and margins have declined in the most recent quarter, with no immediate improvement in sight. We do see attractive qualities with its licensing of brands, as its deep expertise positions the business as an attractive partner to brands.

Movado Group: Still Attractive Despite Fundamental Deterioration
Seeking Alpha30 June 2023 Sentiment: POSITIVE

Movado Group's shares have significantly dropped in recent months, despite the company's solid financial performance in the previous fiscal year. The company's financial performance in the first quarter of the 2024 fiscal year has been disappointing. Management expects overall revenue for the fiscal year to decline by 1.9%, and net profits to reduce by 32.8%. Despite the negative outlook, I maintain a 'buy' rating for Movado Group. The company has no debt and holds $198.3 million in cash and cash equivalents.

Movado Group, Inc. Announces Date of Conference Call and Webcast for First Quarter Fiscal Year 2024 Results
Business Wire18 May 2023 Sentiment: NEUTRAL

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 first quarter fiscal 2024 earnings results on Thursday, May 25, 2023 at 9:00 a.m. Eastern Time. A press release detailing the Company's first quarter fiscal year 2024 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 DeMarsil.

Movado Group: An Undervalued Investment Opportunity Amid Market Challenges
Seeking Alpha12 April 2023 Sentiment: POSITIVE

MOV has a diversified brand portfolio with regional strengths that cater to a wide range of customers. A win-win partnership model provides significant opportunities for growth by adding more brands in the future.

Why Movado Stock Was Down This Week
The Motley Fool24 March 2023 Sentiment: NEGATIVE

Movado's 2023 forecast projects falling sales and profits. The wider outlook is still bright for this consumer discretionary business.

Movado Group, Inc. (MOV) Q4 2023 Earnings Call Transcript
Seeking Alpha23 March 2023 Sentiment: POSITIVE

Movado Group, Inc. (NYSE:MOV ) Q4 2023 Earnings Conference Call March 23, 2023 9:00 AM ET Company Participants Efraim Grinberg - Chairman & CEO Sallie DeMarsilis - EVP, COO & CFO Rachel Schacter - IR Conference Call Participants Oliver Chen - TD Cowen Operator Good morning, everyone, and welcome to the Movado Group, Inc. Fourth Quarter 2023 Earnings Conference Call. As a reminder, today's call is being recorded and may not be reproduced in whole or in part without permission from the company.

What type of business is Movado?

Movado Group, Inc. develops, manufactures, markets, and sells watches. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey. The Wholesale segment includes watch design, development, supplier sourcing, marketing, and distribution, as well as after-sales service and delivery. The company sells its products of all its brands to jewelry store chains, department stores, and independent jewelers. The Company operates company-owned retail stores in the Retail segment. The Company's portfolio of watch brands includes Coach Watches, Concord, Ebel, ESQ Movado, Scuderia Ferrari Watches, HUGO BOSS Watches, Juicy Couture Watches, Lacoste Watches, Movado, and Tommy Hilfiger Watches.

What sector is Movado in?

Movado is in the Consumer Cyclical sector

What industry is Movado in?

Movado is in the Luxury Goods industry

What country is Movado from?

Movado is headquartered in United States

When did Movado go public?

Movado initial public offering (IPO) was on 30 September 1993

What is Movado website?

https://www.movadogroup.com

Is Movado in the S&P 500?

No, Movado is not included in the S&P 500 index

Is Movado in the NASDAQ 100?

No, Movado is not included in the NASDAQ 100 index

Is Movado in the Dow Jones?

No, Movado is not included in the Dow Jones index

When was Movado the previous earnings report?

No data

When does Movado earnings report?

The next expected earnings date for Movado is 29 November 2024