YOLFTbeta
Movado Group Inc

Movado Group Inc

MOV · NYSE · Consumer Cyclical / Luxury Goods

31.78USD-0.17 (-0.53%)

Price History

Full chart

Market Stats

Previous Close31.95
Open32.00
Day Range31.35 – 32.02
52-Week Range16.34 – 40.01
Volume118.90K
Market Cap761.29M
P/E (TTM)18.85
Forward P/E21.37
EPS1.81
Dividend Yield4.69%
Beta0.94
50-Day Avg35.58
200-Day Avg29.48

About

Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. It operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, Calvin Klein, and KATE SPADE NEW YORK. It also designs, sources, markets, and distributes jewelry and other accessories; and provides after-sales and shipping services. The company's 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. It sells directly to consumers through its e-commerce platforms. 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 1881 and is headquartered in Paramus, New Jersey.

Company Details

  • SectorConsumer Cyclical
  • IndustryLuxury Goods
  • CEOMr. Efraim Grinberg
  • Employees991
  • Headquarters650 From Road, Paramus, NJ, United States, 07652-3556, USA
  • Websitehttps://www.movadogroup.com

Leadership

  • Mr. Efraim GrinbergChairman & CEO · b. 1958
  • Ms. Sallie A. DeMarsilis CPAExecutive VP, COO & CFO · b. 1965
  • Mr. Mitchell C. SussisSenior VP, General Counsel & Secretary · b. 1965
  • Ms. Michelle KennedySenior VP & Chief Human Resources Officer · b. 1967
  • Ms. Linda FeeneySenior VP & Principal Accounting Officer
  • Mr. Alexander GrinbergSenior VP of Customer Experience & Director · b. 1963
  • Ms. Margot GrinbergPresident of the Movado Brand & Senior VP of E-Commerce

Financials

Income Statement

Currency: USD1993-01-311994-01-311995-01-311996-01-311997-01-311998-01-311999-01-312000-01-312001-01-312002-01-312003-01-312004-01-312005-01-312006-01-312007-01-312008-01-312009-01-312010-01-312011-01-312012-01-312013-01-312014-01-312015-01-312016-01-312017-01-312018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Revenue134.20M142.20M160.90M185.90M215.10M237.00M277.80M295.07M320.84M299.73M300.08M330.21M418.97M470.94M532.87M559.55M460.86M378.40M382.19M468.12M505.48M570.25M586.98M594.92M552.75M567.95M679.57M700.97M506.40M732.39M751.90M672.60M653.38M671.31M
Growth (%)-+5.96%+13.15%+15.54%+15.71%+10.18%+17.22%+6.22%+8.73%-6.58%+0.12%+10.04%+26.88%+12.41%+13.15%+5.01%-17.64%-17.89%+1.00%+22.48%+7.98%+12.81%+2.93%+1.35%-7.09%+2.75%+19.65%+3.15%-27.76%+44.63%+2.66%-10.55%-2.86%+2.74%
Cost of Revenue66.10M68.60M72.80M80.60M91.10M93.40M106.40M121.48M117.05M115.65M115.91M129.91M168.82M184.62M209.92M222.87M173.22M193.86M196.95M211.77M227.60M264.99M277.00M277.99M257.94M269.88M310.21M326.08M235.90M313.33M318.00M302.21M300.24M307.71M
Gross Profit68.10M73.60M88.10M105.30M124.00M143.60M171.40M173.59M203.79M184.07M184.17M200.31M250.15M286.32M322.94M336.68M287.63M184.54M185.24M256.35M277.88M305.26M309.98M316.93M294.82M298.08M369.36M374.89M270.50M419.06M433.89M370.39M353.14M363.60M
Gross Margin50.75%51.76%54.75%56.64%57.65%60.59%61.70%58.83%63.52%61.41%61.37%60.66%59.71%60.80%60.61%60.17%62.41%48.77%48.47%54.76%54.97%53.53%52.81%53.27%53.34%52.48%54.35%53.48%53.42%57.22%57.71%55.07%54.05%54.16%
Operating Expense55.50M59.40M72.30M87.20M103.60M117.70M138.80M157.82M169.66M157.80M-133.59M165.53M215.07M238.28M270.62M285.90M284.24M220.97M195.10M222.78M228.54M237.52M238.50M246.82M240.84M254.88M307.16M331.90M256.32M301.57M313.54M315.69M333.13M333.77M
Operating Income12.60M14.20M15.80M18.10M20.40M25.90M32.60M15.77M34.13M26.27M317.76M34.78M35.08M48.04M52.32M50.78M3.39M-36.43M-9.86M33.56M49.35M67.74M71.49M70.11M53.98M43.20M62.20M42.99M14.18M117.49M120.35M54.70M20.02M29.83M
Operating Margin9.39%9.99%9.82%9.74%9.48%10.93%11.74%5.34%10.64%8.77%105.89%10.53%8.37%10.20%9.82%9.07%0.74%-9.63%-2.58%7.17%9.76%11.88%12.18%11.78%9.77%7.61%9.15%6.13%2.80%16.04%16.01%8.13%3.06%4.44%
EBITDA14.80M16.60M18.90M21.00M24.30M30.00M38.00M20.96M40.47M33.82M326.13M44.75M47.68M64.82M52.32M67.46M22.26M-19.12M4.16M44.64M60.10M81.59M84.12M83.39M64.42M57.11M76.67M74.81M-126.31M130.48M133.23M70.34M36.45M44.28M
EBITDA Margin11.03%11.67%11.75%11.30%11.30%12.66%13.68%7.10%12.61%11.28%108.68%13.55%11.38%13.76%9.82%12.06%4.83%-5.05%1.09%9.54%11.89%14.31%14.33%14.02%11.66%10.06%11.28%10.67%-24.94%17.82%17.72%10.46%5.58%6.60%
Net Income3.30M3.60M13.90M9.70M11.70M15.80M21.00M13.72M20.77M17.01M20.06M22.85M26.31M26.62M50.14M60.80M2.31M-54.63M-44.92M32.00M57.08M50.88M51.78M45.09M35.06M-15.22M61.62M42.70M-111.19M91.60M94.53M46.71M18.36M26.55M
Net Income Margin2.46%2.53%8.64%5.22%5.44%6.67%7.56%4.65%6.47%5.68%6.68%6.92%6.28%5.65%9.41%10.87%0.50%-14.44%-11.75%6.83%11.29%8.92%8.82%7.58%6.34%-2.68%9.07%6.09%-21.96%12.51%12.57%6.94%2.81%3.96%
R&D-------------------00000000-------
R&D as % of Total Revenue-------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense000000000000003.79M3.47M2.92M4.53M2.25M1.28M434.00K436.00K489.00K1.11M1.46M1.51M771.00K930.00K1.96M688.00K518.00K497.00K489.00K507.00K
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.71%0.62%0.63%1.20%0.59%0.27%0.09%0.08%0.08%0.19%0.26%0.27%0.11%0.13%0.39%0.09%0.07%0.07%0.07%0.08%

Balance Sheet

Currency: USD1993-01-311994-01-311995-01-311996-01-311997-01-311998-01-311999-01-312000-01-312001-01-312002-01-312003-01-312004-01-312005-01-312006-01-312007-01-312008-01-312009-01-312010-01-312011-01-312012-01-312013-01-312014-01-312015-01-312016-01-312017-01-312018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Assets144.10M157.00M186.90M200.40M208.40M249.10M296.40M267.19M290.40M290.68M345.15M390.97M476.95M549.89M577.62M646.22M563.99M469.38M442.11M506.04M526.36M578.61M583.02M585.17M607.80M645.38M759.70M847.31M719.26M761.16M787.71M769.08M729.23M742.62M
Total Liabilities108.30M84.50M94.00M95.60M104.50M103.60M130.00M119.37M130.94M118.21M108.94M116.25M160.39M228.21M198.79M181.16M163.22M97.92M87.38M111.97M100.67M112.62M98.74M144.02M133.81M175.04M259.32M316.90M289.32M284.07M277.16M250.13M245.65M232.36M
Total Equity35.80M72.50M92.90M104.80M103.90M145.50M166.40M147.81M159.47M172.47M236.21M274.71M316.56M321.68M378.38M463.19M398.96M369.57M352.45M391.37M423.69M463.30M482.21M440.55M473.99M470.33M496.65M526.54M425.26M472.81M507.61M516.80M481.33M510.26M
Cash2.60M3.20M4.90M3.80M4.90M10.90M5.60M26.61M23.06M16.97M38.37M82.08M63.78M123.63M133.01M169.55M86.62M70.97M103.02M182.20M167.89M157.66M199.85M228.19M256.28M214.81M189.91M185.87M223.81M277.13M251.58M262.06M208.50M230.54M
Total Debt75.40M48.20M49.50M48.80M52.80M45.00M67.20M63.50M53.80M46.50M35.00M35.00M45.00M109.95M80.20M60.90M25.00M10.00M-----40.00M30.00M25.00M50.28M148.87M105.50M76.42M88.59M92.09M94.77M78.67M
Net Debt72.80M45.00M44.60M45.00M47.90M34.10M61.60M36.88M30.74M29.53M-3.37M-47.08M-18.78M-13.67M-52.81M-108.66M-61.62M-60.98M-103.02M-182.20M-167.89M-157.66M-199.85M-188.19M-226.28M-189.81M-139.63M-37.00M-118.31M-200.71M-162.99M-169.97M-113.73M-151.88M

Cash Flow

Currency: USD1993-01-311994-01-311995-01-311996-01-311997-01-311998-01-311999-01-312000-01-312001-01-312002-01-312003-01-312004-01-312005-01-312006-01-312007-01-312008-01-312009-01-312010-01-312011-01-312012-01-312013-01-312014-01-312015-01-312016-01-312017-01-312018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Operating Cash Flow9.10M200.00K6.80M3.90M3.80M-6.10M-12.90M28.27M25.27M16.55M33.31M51.65M30.19M28.44M67.83M83.63M-20.87M34.72M40.36M86.06M38.78M54.52M59.60M74.59M58.42M54.72M86.17M32.07M68.41M130.81M54.34M76.78M-1.50M57.92M
Investing Cash Flow-2.00M-2.60M-5.10M-2.30M-6.90M-9.10M-10.90M17.53M-11.69M-14.71M-7.04M-11.48M-59.47M-13.16M-19.10M-28.03M-22.53M-5.48M-7.70M-7.21M-16.26M-47.90M21.59M-9.15M-7.56M-84.34M-109.01M-13.37M-1.86M-7.91M-10.55M-11.47M-13.74M-8.09M
Financing Cash Flow-5.50M2.90M-100.00K-2.70M4.40M21.30M18.60M-22.11M-17.39M-6.88M-11.06M-1.95M3.56M62.06M-32.81M-29.64M-39.88M-52.26M-9.60M-1.52M-38.38M-16.52M-36.18M-23.72M-27.68M-20.89M3.69M-23.86M-34.38M-66.61M-65.31M-57.60M-35.40M-36.28M
Capital Expenditure1.70M2.20M4.40M2.00M6.60M7.60M11.70M10.13M10.83M13.90M6.53M10.83M14.95M16.37M20.89M28.03M23.53M5.48M7.60M8.37M16.26M16.99M11.13M8.07M6.25M6.37M11.13M12.97M3.18M5.95M7.29M8.37M8.07M4.51M
Free Cash Flow7.40M-2.00M2.40M1.90M-2.80M-13.70M-24.60M18.15M14.44M2.64M26.78M40.82M15.24M12.08M46.95M55.60M-44.40M29.24M32.76M77.69M22.52M37.52M48.46M66.52M52.17M48.36M75.04M19.10M65.23M124.87M47.05M68.41M-9.58M53.41M
Dividends Paid-200.00K500.00K600.00K700.00K900.00K1.00M1.25M1.21M1.36M1.60M2.54M3.96M5.05M6.16M8.33M5.91M1.22M-2.98M36.68M6.64M10.10M10.31M11.93M11.93M18.47M18.40M2.32M21.97M31.36M53.15M31.07M31.05M
FCF to OCF81.32%-1000.00%35.29%48.72%-73.68%224.59%190.70%64.19%57.13%15.98%80.41%79.03%50.49%42.46%69.21%66.48%212.77%84.22%81.17%90.27%58.06%68.83%81.32%89.18%89.30%88.37%87.09%59.56%95.35%95.45%86.59%89.10%636.90%92.21%
Dividend Paid to FCF--10.00%20.83%31.58%-25.00%-6.57%-4.07%6.87%8.35%51.44%5.98%6.22%25.95%41.86%13.12%14.98%-13.31%4.17%-3.84%162.91%17.69%20.85%15.50%22.87%24.68%24.61%96.32%3.56%17.60%66.65%77.69%-324.34%58.14%

Earnings

Report DateJun 5, 1996Sep 12, 1996Dec 10, 1996Mar 25, 1997May 28, 1997Sep 4, 1997Dec 2, 1997Apr 1, 1998May 28, 1998Aug 25, 1998Dec 1, 1998Mar 30, 1999Jun 4, 1999Sep 8, 1999Nov 30, 1999Apr 12, 2000May 31, 2000Sep 6, 2000Dec 6, 2000Mar 20, 2001Jun 5, 2001Sep 5, 2001Nov 29, 2001Mar 14, 2002May 30, 2002Sep 4, 2002Dec 3, 2002Mar 13, 2003May 29, 2003Sep 4, 2003Dec 2, 2003Mar 12, 2004Jun 2, 2004Sep 8, 2004Dec 8, 2004Mar 23, 2005Jun 2, 2005Sep 8, 2005Dec 1, 2005Apr 6, 2006Jun 1, 2006Sep 7, 2006Dec 7, 2006Mar 29, 2007May 31, 2007Sep 6, 2007Dec 6, 2007Mar 27, 2008May 29, 2008Sep 4, 2008Dec 4, 2008Apr 9, 2009Jun 9, 2009Sep 3, 2009Dec 9, 2009Apr 1, 2010May 27, 2010Sep 2, 2010Dec 2, 2010Apr 7, 2011Jun 2, 2011Sep 1, 2011Dec 1, 2011Mar 29, 2012May 31, 2012Aug 28, 2012Nov 28, 2012Mar 21, 2013May 29, 2013Aug 27, 2013Nov 26, 2013Mar 26, 2014May 22, 2014Aug 26, 2014Nov 25, 2014Mar 31, 2015May 27, 2015Aug 27, 2015Nov 24, 2015Mar 31, 2016May 26, 2016Aug 25, 2016Nov 22, 2016Mar 20, 2017May 25, 2017Aug 29, 2017Nov 21, 2017Mar 29, 2018May 30, 2018Aug 29, 2018Dec 4, 2018Mar 28, 2019May 30, 2019Aug 28, 2019Nov 26, 2019Mar 26, 2020Jun 9, 2020Aug 27, 2020Nov 24, 2020Mar 25, 2021May 27, 2021Aug 26, 2021Nov 23, 2021Mar 24, 2022May 26, 2022Aug 25, 2022Nov 22, 2022Mar 23, 2023May 25, 2023Aug 24, 2023Nov 30, 2023Mar 26, 2024May 30, 2024Sep 5, 2024Dec 5, 2024Mar 24, 2025May 29, 2025Aug 28, 2025Nov 25, 2025Mar 19, 2026May 27, 2026Aug 26, 2026
EPS Estimate-0.030.070.320.13-0.020.090.370.14-0.120.440.190.020.160.54-0.12-0.010.160.490.14-0.040.190.320.17-0.040.180.360.240.020.240.380.24-0.020.200.440.280.010.280.470.360.020.390.610.38-0.010.420.700.350.040.410.78-0.02-0.48-0.230.62-0.31-0.42-0.010.320.01-0.060.040.430.100.240.180.610.260.220.320.870.300.320.540.860.200.260.420.930.390.160.310.730.230.100.230.850.260.110.451.120.550.310.491.030.21-0.20-0.310.480.45-0.090.301.010.800.460.711.210.860.260.340.700.390.120.190.320.390.390.310.570.720.070.36
EPS Actual-0.020.070.330.15-0.010.100.390.170.010.130.460.210.030.170.54-0.11-0.010.200.540.16-0.010.210.330.190.020.210.370.230.040.230.400.250.030.260.440.280.040.330.510.380.100.430.640.420.090.450.780.400.050.390.53-0.42-0.370.060.12-0.28-0.19-0.040.500.050.020.160.650.240.260.320.670.410.280.440.890.460.290.470.870.400.250.500.920.400.190.270.910.220.010.431.040.520.370.451.180.670.350.360.820.15-0.56-0.070.700.840.430.851.361.320.821.071.311.030.430.380.770.550.130.160.220.360.060.130.420.570.320.54
Surprise33.33%0.00%3.13%15.38%50.00%11.11%5.41%21.43%-8.33%4.55%10.53%50.00%6.25%0.00%8.33%29.00%25.00%10.20%14.29%75.00%10.53%3.13%11.76%150.00%16.67%2.78%-4.17%100.00%-4.17%5.26%4.17%250.00%30.00%0.00%0.00%300.00%17.86%8.51%5.56%400.00%10.26%4.92%10.53%1000.00%7.14%11.43%14.29%25.00%-4.88%-32.05%-2000.00%22.92%126.09%-80.65%9.68%54.76%-300.00%56.25%400.00%133.33%300.00%51.16%140.00%8.33%77.78%9.84%57.69%27.27%37.50%2.30%53.33%-9.38%-12.96%1.16%100.00%-3.85%19.05%-1.08%2.56%18.75%-12.90%24.66%-4.35%-90.00%86.96%22.35%100.00%236.36%0.00%5.36%21.82%12.90%-26.53%-20.39%-28.57%-180.00%77.42%45.83%86.67%577.78%183.33%34.65%65.00%78.26%50.70%8.26%19.77%65.38%11.76%10.00%41.03%8.33%-15.79%-31.25%-7.22%-84.62%-58.06%-26.32%-20.83%357.14%50.00%
Timing----Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-------------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market

Key Statistics & Ratios

Market Cap761.29M
Enterprise Value598.16M
Trailing P/E18.85
Forward P/E21.37
PEG Ratio0.84
Price / Sales1.10
Price / Book1.47
EPS1.81
Book Value22.66
Revenue (TTM)689.87M
Gross Profit (TTM)387.11M
EBITDA55.40M
Profit Margin6.00%
Operating Margin8.77%
Return on Equity8.38%
Return on Assets4.00%
Shares Outstanding15.96M
Shares Float15.76M
Beta0.94
Dividend Yield4.69%
Dividend Rate1.60
Payout Ratio81.08%

Analyst Ratings

Buy
Based on 1 analystsTarget 47.50
  • Buy
    1

Ownership Breakdown

Institutions
96.21%
Insiders
4.17%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    1.21M5.41%
  • Royce & Associates, LP
    1.16M5.22%
  • The Goldman Sachs Group Inc
    914.98K4.10%
  • Dimensional Fund Advisors, Inc.
    879.15K3.94%
  • Vanguard Capital Management, LLC
    657.68K2.95%
  • Ameriprise Financial Inc
    602.45K2.70%
  • American Century Companies Inc
    459.30K2.06%
  • Geode Capital Management, LLC
    381.19K1.71%
  • Acadian Asset Management LLC
    379.78K1.70%
  • State Street Corp
    360.33K1.61%
  • Charles Schwab Investment Management Inc
    357.56K1.60%
  • AQR Capital Management LLC
    325.85K1.46%
  • Arrowstreet Capital Limited Partnership
    285.14K1.28%
  • Jacobs Levy Equity Management, Inc.
    261.65K1.17%

Top Fund Holders

  • Royce Small-Cap Special Equity Invmt
    722.50K3.24%
  • Vanguard MStar Total Stk Mkt Idx Invest
    470.69K2.11%
  • Columbia Small Cap Value Discv A
    435.57K1.95%
  • iShares Russell 2000 ETF
    399.22K1.79%
  • Avantis US Small Cap Value ETF
    395.71K1.77%
  • GS Glb Sm Cp CORE Eq Base Inc USD Snap
    314.88K1.41%