Movado Group, Inc. designs, sources and distributes MOVADO®, MVMT®, OLIVIA BURTON®, EBEL®, CONCORD®, COACH®, TOMMY HILFIGER®, HUGO BOSS®, LACOSTE® and SCUDERIA FERRARI® watches worldwide and operates Movado company stores in the United States and Canada.

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
News
Calendar
26 May 22
9 Aug 22
31 Jan 23
Financial summary
Quarter (USD) | Apr 22 | Jan 22 | Oct 21 | Jul 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jan 22 | Jan 21 | Jan 20 | Jan 19 | |
---|---|---|---|---|---|
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) | 225.82M | 225.82M | 225.82M | 225.82M | 225.82M | 225.82M |
Cash burn (monthly) | 17.3M | (no burn) | (no burn) | (no burn) | 6.92M | (no burn) |
Cash used (since last report) | 57.79M | n/a | n/a | n/a | 23.11M | n/a |
Cash remaining | 168.02M | n/a | n/a | n/a | 202.71M | n/a |
Runway (months of cash) | 9.7 | n/a | n/a | n/a | 29.3 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Jun 22 | DElia Vivian | Phantom Stock Unit Common Stock | Grant | Acquire A | No | No | 0 | 119.94 | 0 | 4,761.33 |
30 Jun 22 | Demarsilis Sallie A | Phantom Stock Unit Common Stock | Grant | Acquire A | No | No | 0 | 112.63 | 0 | 2,928.29 |
30 Jun 22 | Grinberg Alexander | Phantom Stock Unit Common Stock | Grant | Acquire A | No | No | 0 | 29.59 | 0 | 2,303.98 |
30 Jun 22 | Sussis Mitchell Cole | Phantom Stock Unit Common Stock | Grant | Acquire A | No | No | 0 | 36.4 | 0 | 829.62 |
30 Jun 22 | Behzad Soltani | Phantom Stock Unit Common Stock | Grant | Acquire A | No | No | 0 | 102.97 | 0 | 741.32 |
Institutional ownership, Q1 2022
1.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 168 |
Opened positions | 18 |
Closed positions | 24 |
Increased positions | 57 |
Reduced positions | 62 |
13F shares | Current |
---|---|
Total value | 583.26M |
Total shares | 14.96M |
Total puts | 15.9K |
Total calls | 26.8K |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 2.55M | $99.72M |
Vanguard | 1.22M | $47.64M |
Dimensional Fund Advisors | 1.15M | $44.92M |
Royce & Associates | 1.05M | $40.99M |
AMP Ameriprise Financial | 686.43K | $26.81M |
Victory Capital Management | 621.43K | $23.6M |
STT State Street | 501.38K | $19.58M |
Tributary Capital Management | 481.27K | $18.79M |
Acadian Asset Management | 380.32K | $14.85M |
Millennium Management | 310.57K | $12.13M |
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
New words:
affirmative, binding, boycott, broader, Calvin, collateral, conflict, corrected, decided, disclosed, energy, gas, governmental, imposed, incurrence, inflationary, invasion, Klein, launched, liable, NaN, oil, pertaining, predominately, priority, Russia, Russian, software, specific, therewith, transparency, typically, Ukraine
Removed:
adjust, affecting, Aid, amendment, American, anticipated, applying, approach, assessing, assessment, assist, attached, authorization, back, brick, canceled, capitalization, card, carried, Carryback, challenged, closed, closing, closure, comparable, compliance, comprising, consent, covenant, dated, decline, decreasing, deductible, determine, dilute, discount, discounted, discounting, discrete, discretionary, distancing, EBIT, efficacy, employed, enhance, environment, EPS, estimating, exceeded, Exhibit, exit, expired, favorably, fee, fixed, flexibility, floor, forecast, fourth, furloughing, goodwill, Gordon, identifying, implemented, implied, improvement, increasing, initiative, issuance, June, Kingdom, lessened, leveraging, light, lower, magnitude, maintenance, measure, method, minimizing, mortar, NOL, nonfinancial, nonrecurring, occurred, ongoing, par, partial, passed, perform, performed, platform, positive, productivity, profitability, quantitative, recognizing, recoverability, recoverable, recovery, reduction, regular, relief, remote, reopened, restructuring, rollforward, safety, salary, show, size, social, statutory, strain, strong, substantial, summary, suspending, taxable, temporarily, temporary, terminal, test, text, thereunder, tightening, trade, tradename, twelve, Union, unit, unrefunded, Utilizing, vast, volatility, warranted, weakening, website
Financial reports
Current reports
8-K
Entry into a Material Definitive Agreement
4 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
5 Jul 22
8-K
Movado Group, Inc. Announces First Quarter Fiscal 2023 Results
26 May 22
8-K
Movado Group, Inc. Announces Record Fourth Quarter and Fiscal Year 2022 Results
24 Mar 22
8-K
Entry into a Material Definitive Agreement
23 Mar 22
8-K
Movado Group, Inc. Announces Maya Peterson Appointed to Its Board of Directors
19 Jan 22
8-K
Results of Operations and Financial Condition
23 Nov 21
8-K
Entry into a Material Definitive Agreement
2 Nov 21
8-K
Entry into a Material Definitive Agreement
19 Oct 21
8-K
Entry into a Material Definitive Agreement
31 Aug 21
Registration and prospectus
S-8
Registration of securities for employees
26 May 15
S-8
Registration of securities for employees
26 May 15
S-8
Registration of securities for employees
26 Apr 12
S-8
Registration of securities for employees
26 Apr 12
S-8
Registration of securities for employees
24 Sep 06
S-8
Registration of securities for employees
6 Jun 02
8-A12B
Registration of securities on exchange
15 May 01
S-8 POS
Registration of securities for employees (post-effective amendment)
5 Aug 99
S-8
Registration of securities for employees
15 Jun 99
424B1
Prospectus with pricing info
20 Oct 97
Proxies
DEFA14A
Additional proxy soliciting materials
12 May 22
DEFA14A
Additional proxy soliciting materials
11 May 21
DEFA14A
Additional proxy soliciting materials
10 Jun 20
DEFA14A
Additional proxy soliciting materials
12 May 20
DEFA14A
Additional proxy soliciting materials
7 May 19
DEF 14A
Definitive proxy
7 May 19
DEFA14A
Additional proxy soliciting materials
11 May 18
Other
SD
Conflict minerals disclosure
31 May 22
SD
Conflict minerals disclosure
17 May 21
SD
Conflict minerals disclosure
29 Apr 20
SD
Conflict minerals disclosure
13 May 19
CT ORDER
Confidential treatment order
4 Feb 19
SD
Conflict minerals disclosure
4 May 18
CT ORDER
Confidential treatment order
19 Apr 18
UPLOAD
Letter from SEC
8 Feb 18
CT ORDER
Confidential treatment order
31 Jan 18
CORRESP
Correspondence with SEC
29 Jan 18
Ownership
4
MOVADO / Mitchell Cole Sussis ownership change
1 Jul 22
4
MOVADO / Behzad Soltani ownership change
1 Jul 22
4
MOVADO / EFRAIM GRINBERG ownership change
1 Jul 22
4
MOVADO / ALEXANDER GRINBERG ownership change
1 Jul 22
4
MOVADO / SALLIE A DEMARSILIS ownership change
1 Jul 22
4
MOVADO / Vivian DElia ownership change
1 Jul 22
4
MOVADO / Mitchell Cole Sussis ownership change
19 Apr 22
4
MOVADO / Behzad Soltani ownership change
19 Apr 22
4
MOVADO / EFRAIM GRINBERG ownership change
19 Apr 22
4
MOVADO / ALEXANDER GRINBERG ownership change
19 Apr 22
Transcripts
2023 Q1
Earnings call transcript
26 May 22
2022 Q4
Earnings call transcript
25 Mar 22
2022 Q3
Earnings call transcript
23 Nov 21
2022 Q2
Earnings call transcript
26 Aug 21
2022 Q1
Earnings call transcript
27 May 21
2021 Q4
Earnings call transcript
25 Mar 21
2021 Q2
Earnings call transcript
27 Aug 20
2021 Q1
Earnings call transcript
9 Jun 20
2020 Q4
Earnings call transcript
26 Mar 20
2020 Q3
Earnings call transcript
26 Nov 19
Reddit threads
Daily Discussion Thread - June 7th, 2022
7 Jun 22
Daily Discussion Thread - June 6th, 2022
6 Jun 22
Daily Discussion - Tuesday May 31 2022
31 May 22
[Weekly Megathread] Markets and Value Stock Ideas, Week of May 30, 2022
30 May 22
(5/26) Thursday's Pre-Market Stock Movers & News
26 May 22
Daily Discussion Thread - May 26th, 2022
26 May 22
Daily Discussion Thread - May 25th, 2022
25 May 22
Daily Discussion Thread - May 24th, 2022
24 May 22
Daily Discussion Thread - May 23rd, 2022
23 May 22
Daily Discussion Thread - April 5th, 2022
5 Apr 22