Movado (MOV) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Movado (MOV) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Does Movado (MOV) have what it takes to be a top stock pick for momentum investors? Let's find out.
PGY, MOV, YPF and XYZ stand out on relative price strength as the S&P 500 hits records.
Movado Group, Inc. delivered strong Q1 FY2027 results, with revenue, profits, and cash flow all rising and shares up 13.7%. MOV's revenue beat expectations, driven by a favorable sales mix, higher wholesale volumes, and a $4.7M FX tailwind, with ongoing retail and online momentum. Profitability surged: EPS rose to $0.30, operating cash flow swung positive, and EBITDA more than tripled, supported by a fortress balance sheet with $225.3M net cash.
Movado Group NYSE: MOV reported higher first-quarter fiscal 2027 sales and profit, citing stronger demand in the U.S., improving trends in Europe, direct-to-consumer growth and retailer replenishment activity following a better-than-expected fourth quarter.
Movado (MOV) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.08 per share a year ago.
Movado Group, Inc. delivered a strong Q4 FY2026, with revenue up 5.6% and EPS beating expectations, prompting a rating upgrade to a very soft ‘buy'. MOV's wholesale business surged 25%, and US revenue grew 11.2%, offsetting international weakness driven by Middle East conflict and currency effects. The company boasts a fortress balance sheet with $230.5M in cash, no debt, and an enterprise value at just 57.8% of market cap.
Movado Group, Inc. (MOV) Q4 2026 Earnings Call Transcript
Movado (MOV) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.51 per share a year ago.
Here is how Movado (MOV) and TJX (TJX) have performed compared to their sector so far this year.
Movado (MOV) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.