# Movado Group Inc. (MOV)

**Exchange:** NYSE  
**Sector:** Consumer Cyclical  
**Market cap:** $834M  
**Price:** $37.79 (+4.83%)

> Movado Group Inc. is a designer and marketer of luxury watches and accessories globally. Known for its iconic Museum Watch design, characterized by a minimalist style and a single dot at 12 o’clock, Movado combines sophisticated craftsmanship with a contemporary aesthetic. The company’s primary function is to create timepieces that cater to customers seeking high-end and fashion-forward products. Movado Group Inc. operates under a portfolio of renowned brands, including Movado, Ebel, Concord, and licensed brands such as Coach, Hugo Boss, and Tommy Hilfiger, demonstrating its versatility across different fashion segments. Headquartered in Paramus, New Jersey, Movado plays a significant role in the luxury goods sector by integrating Swiss quality with American design sensibilities. The timepieces are sold through department stores, jewelry retailers, and Movado Boutiques, underscoring its important position within retail channels. As a publicly traded company, Movado reflects the dynamic interplay of global fashion trends and consumer preferences in the watch industry.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $671M | $364M | $30M | $27M | $1.17 |
| 2025 | $653M | $353M | $20M | $19M | $0.81 |
| 2024 | $673M | $370M | $55M | $48M | $2.06 |
| 2023 | $752M | $434M | $120M | $97M | $4.12 |
| 2022 | $732M | $419M | $117M | $93M | $3.87 |
| 2021 | $506M | $270M | $14M | -$111M | $-4.81 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2026 | $743M | $232M | $510M | $231M | $58M |
| 2025 | $729M | $246M | $484M | $209M | $76M |
| 2024 | $769M | $250M | $519M | $262M | $76M |
| 2023 | $788M | $277M | $511M | $252M | $71M |
| 2022 | $761M | $284M | $477M | $277M | $63M |
| 2021 | $719M | $289M | $430M | $224M | $90M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2026 | $44M | — | $53M |
| 2025 | $12M | — | -$10M |
| 2024 | $100M | — | $68M |
| 2023 | $63M | — | $47M |
| 2022 | $116M | — | $125M |
| 2021 | -$106M | — | $65M |

Source: [CompaniesByCap](https://companiesbycap.com/company/MOV)