Movado Q1 FY27 EPS rises to $0.30; net sales increase 8.1% to $142.4 million

Movado Group

Movado Group

MOV

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  • Movado posted Q1 fiscal 2027 net income of USD 6.9 million, equal to USD 0.30 per share, versus USD 1.4 million a year earlier.
  • Net sales rose 8.1% to USD 142.4 million, while operating income returned to USD 7 million from USD 291,000 a year earlier.
  • Gross margin widened 3.2 percentage points to 57.3% as operating expenses climbed to USD 74.6 million.
  • The board raised the quarterly dividend by USD 0.05 to USD 0.40 per share; Movado ended the quarter with USD 225.3 million cash, no debt.
  • Movado withheld a fiscal 2027 outlook, citing economic and geopolitical uncertainty; it expects net sales growth to moderate in Q2.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Movado Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605270645BIZWIRE_USPR_____20260527_BW355048) on May 27, 2026, and is solely responsible for the information contained therein.

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