one of the world's premier watchmakers, movado group, inc. designs, manufactures and distributes watches from nine of the most recognized and respected names in time: movado, ebel, concord along with our coach, hugo boss, juicy couture, lacoste, scuderia ferrari, tommy hilfiger and rebecca minkoff licensed watch brands. visit our career page: www.movadogroup.com/careers
Company profile
Ticker
MOV, MOVAA
Exchange
Website
CEO
Efraim Grinberg
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Fossil ...
SEC CIK
Corporate docs
Subsidiaries
MGDL Distribution Pty Ltd • Movado Group of Canada Inc. • MGI Luxury Trading (Shanghai) Co., Ltd. • Movado Group Delaware Holdings Corporation • Movado LLC • Movado Group France S.A.S. • Movado Group • SwissAm Products Ltd. • MGI Distribution Pte Ltd. • MGI Distribución, S de R.L. de C.V. ...
IRS number
132595932
MOV stock data
Latest filings (excl ownership)
10-K
2024 FY
Annual report
26 Mar 24
8-K
Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2024 Results
26 Mar 24
S-8
Registration of securities for employees
30 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Nov 23
Transcripts
MOV
Earnings call transcript
2024 Q4
26 Mar 24
MOV
Earnings call transcript
2024 Q3
30 Nov 23
MOV
Earnings call transcript
2024 Q2
24 Aug 23
MOV
Earnings call transcript
2024 Q1
25 May 23
MOV
Earnings call transcript
2023 Q4
23 Mar 23
MOV
Earnings call transcript
2023 Q3
22 Nov 22
MOV
Earnings call transcript
2023 Q2
25 Aug 22
MOV
Earnings call transcript
2023 Q1
26 May 22
MOV
Earnings call transcript
2022 Q4
25 Mar 22
MOV
Earnings call transcript
2022 Q3
23 Nov 21
Financial summary
Quarter (USD) | Oct 23 | Jul 23 | Apr 23 | Jan 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jan 23 | Jan 22 | Jan 21 | Jan 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 201.79 mm | 201.79 mm | 201.79 mm | 201.79 mm | 201.79 mm | 201.79 mm |
Cash burn (monthly) | 6.16 mm | (no burn) | (no burn) | (no burn) | 619.33 k | (no burn) |
Cash used (since last report) | 35.54 mm | n/a | n/a | n/a | 3.57 mm | n/a |
Cash remaining | 166.25 mm | n/a | n/a | n/a | 198.22 mm | n/a |
Runway (months of cash) | 27.0 | n/a | n/a | n/a | 320.1 | n/a |
Institutional ownership, Q3 2023
91.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 150 |
Opened positions | 14 |
Closed positions | 16 |
Increased positions | 49 |
Reduced positions | 54 |
13F shares | Current |
---|---|
Total value | 383.90 bn |
Total shares | 14.37 mm |
Total puts | 65.50 k |
Total calls | 27.90 k |
Total put/call ratio | 2.3 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 2.45 mm | $67.13 bn |
Royce & Associates | 1.76 mm | $48.19 bn |
Dimensional Fund Advisors | 1.22 mm | $33.42 bn |
Vanguard | 1.13 mm | $31.00 bn |
STT State Street | 569.68 k | $15.58 bn |
First Trust Advisors | 559.83 k | $15.31 bn |
AMP Ameriprise Financial | 534.57 k | $14.62 bn |
Pacer Advisors | 375.55 k | $10.27 bn |
Geode Capital Management | 318.43 k | $8.71 bn |
Arrowstreet Capital, Limited Partnership | 306.50 k | $8.38 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Demarsilis Sallie A | Common Stock | Grant | Acquire A | No | No | 0 | 9,082 | 0.00 | 72,379 |
1 Apr 24 | Grinberg Alexander | Common Stock | Grant | Acquire A | No | No | 0 | 1,530 | 0.00 | 6,328 |
1 Apr 24 | Grinberg Efraim | Common Stock | Grant | Acquire A | No | No | 0 | 35,998 | 0.00 | 160,170 |
1 Apr 24 | Michelle Kennedy | Common Stock | Grant | Acquire A | No | No | 0 | 4,192 | 0.00 | 13,447 |
1 Apr 24 | Behzad Soltani | Common Stock | Grant | Acquire A | No | No | 0 | 8,383 | 0.00 | 31,297 |
News
Benchmark Reiterates Buy on Movado Group, Maintains $41 Price Target
27 Mar 24
Why Movado Group Shares Are Falling Today
26 Mar 24
Movado Group Expects Fiscal 2025 Net Sales To Be In A Range Of $700M-$710M Vs. $689.9M Estimate, Earnings Per Share Of $1.20-$1.30
26 Mar 24
Movado Group Q4 Adj. EPS $0.55 Beats $0.39 Estimate, Sales $179.62M Beat $174.80M Estimate
26 Mar 24
Earnings Scheduled For March 26, 2024
26 Mar 24