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
Analyst ratings and price targets
Latest filings (excl ownership)
10-K
2023 FY
Annual report
23 Mar 23
8-K
Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2023 Results
23 Mar 23
CT ORDER
Confidential treatment order
9 Feb 23
10-Q
2023 Q3
Quarterly report
22 Nov 22
8-K
Movado Group, Inc. Announces Third Quarter Results
22 Nov 22
8-K
Entry into a Material Definitive Agreement
31 Aug 22
10-Q
2023 Q2
Quarterly report
25 Aug 22
8-K
Movado Group, Inc. Announces Second Quarter Results
25 Aug 22
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
Transcripts
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
MOV
Earnings call transcript
2022 Q2
26 Aug 21
MOV
Earnings call transcript
2022 Q1
27 May 21
MOV
Earnings call transcript
2021 Q4
25 Mar 21
MOV
Earnings call transcript
2021 Q2
27 Aug 20
Latest ownership filings
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
SC 13G/A
ROYCE & ASSOCIATES LP
24 Jan 23
SC 13G/A
BlackRock Inc.
23 Jan 23
4
Vivian DElia
13 Jan 23
4
ANN KIRSCHNER
9 Jan 23
4
Mitchell Cole Sussis
3 Jan 23
4
Behzad Soltani
3 Jan 23
4
EFRAIM GRINBERG
3 Jan 23
4
ALEXANDER GRINBERG
3 Jan 23
Financial summary
| Quarter (USD) | Jan 23 | Oct 22 | Jul 22 | Apr 22 | |
|---|---|---|---|---|---|
| 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) | 252.18 mm | 252.18 mm | 252.18 mm | 252.18 mm | 252.18 mm | 252.18 mm |
| Cash burn (monthly) | (no burn) | 2.13 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 4.16 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 248.01 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 116.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
95.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 167 |
| Opened positions | 26 |
| Closed positions | 16 |
| Increased positions | 48 |
| Reduced positions | 64 |
| 13F shares | Current |
|---|---|
| Total value | 402.17 bn |
| Total shares | 14.93 mm |
| Total puts | 21.90 k |
| Total calls | 21.70 k |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 2.65 mm | $85.31 bn |
| Royce & Associates | 1.74 mm | $56.02 bn |
| Dimensional Fund Advisors | 1.26 mm | $40.68 mm |
| Vanguard | 1.20 mm | $38.63 bn |
| STT State Street | 593.95 k | $19.15 bn |
| AMP Ameriprise Financial | 522.07 k | $16.84 bn |
| Tributary Capital Management | 444.82 k | $14.35 mm |
| Acadian Asset Management | 369.68 k | $11.92 bn |
| BK Bank Of New York Mellon | 299.49 k | $9.66 bn |
| Geode Capital Management | 291.39 k | $9.40 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 11 Jan 23 | DElia Vivian | Common Stock | Sell | Dispose S | No | No | 34.1356 | 2,700 | 92.17 k | 29,808 |
| 11 Jan 23 | DElia Vivian | Common Stock | Option exercise | Acquire M | No | No | 30.34 | 2,700 | 81.92 k | 32,508 |
| 11 Jan 23 | DElia Vivian | Employee Stock option Common stock | Option exercise | Acquire M | No | No | 30.34 | 2,700 | 81.92 k | 0 |
| 5 Jan 23 | Kirschner Ann | Common Stock | Sell | Dispose S | No | No | 33.881 | 5,000 | 169.41 k | 8,897 |
| 30 Dec 22 | Demarsilis Sallie A | Phantom Stock Unit Common Stock | Grant | Acquire A | No | No | 0 | 92.59 | 0.00 | 3,144.51 |
| 30 Dec 22 | Grinberg Efraim | Phantom Stock Unit Common Stock | Grant | Acquire A | No | No | 0 | 411.45 | 0.00 | 35,635.96 |
| 30 Dec 22 | Grinberg Alexander | Phantom Stock Unit Common Stock | Grant | Acquire A | No | No | 0 | 24.33 | 0.00 | 2,360.79 |
News
5 Value Stocks In The Consumer Cyclical Sector
28 Mar 23
Stocks That Hit 52-Week Lows On Friday
24 Mar 23
TD Cowen Maintains Market Perform on Movado Group, Lowers Price Target to $32
24 Mar 23
Movado Group's Return on Invested Capital Overview
24 Mar 23
Why Block Shares Are Trading Lower By Over 13%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
23 Mar 23
Press releases
Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2023 Results
23 Mar 23
Movado Group, Inc. Announces Date of Conference Call and Webcast for Fourth Quarter and Fiscal Year 2023 Results
16 Mar 23
Custom Lab Grown Diamonds Add a New Dimension to the Industry
19 Jan 23
Movado Group, Inc. to Present at the 25th Annual ICR Conference
3 Jan 23