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AI brief of an SEC Form 8-K · MOVADO GROUP INC (MOV)

Movado Group Q2 net sales rise 4.9% to $169.8 million; diluted EPS $0.53

Positive Impact 3 of 5 earnings Written later

Movado Group reported second-quarter fiscal 2027 net sales of $169.8 million, up 4.9% from a year earlier, and diluted earnings per share of $0.53 versus $0.13. The quarter includes $3.2 million in IEEPA duty refunds, worth $0.11 per diluted share, and the company has stopped providing an annual outlook, while declaring a $0.40 quarterly dividend.

Key points

  • Net sales were $169.8 million versus $161.8 million; U.S. and international sales each rose 4.9%.
  • Operating income was $14.9 million versus $4.0 million; adjusted operating income was $15.1 million, or 8.9% of net sales.
  • Diluted EPS was $0.53 versus $0.13; adjusted diluted EPS was $0.54 versus $0.23.
  • The company discontinued its annual outlook and expects second-half fiscal 2027 topline growth in the mid-single-digit range and gross margin of 55% to 56%, excluding additional IEEPA refunds.

The filing

CompanyMOVADO GROUP INC (MOV)
Form8-K, current report
Filed with the SECAug 26, 2026, 7:00 AM ET
Accession number0000950142-26-002427

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 26, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.