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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).
Movado (MOV) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
SBLK, MOV and BP made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 9, 2026.
Deutsche Bank AG purchased a new stake in shares of Movado Group Inc. (NYSE: MOV) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 15,650 shares of the company's stock, valued at approximately $615,000. Deutsche Bank AG owned 0.07%
Movado Group, Inc. (MOV) Q2 2027 Earnings Call Transcript
Movado Group NYSE: MOV reported higher sales, profit and margins for its fiscal 2027 second quarter, as demand improved across its U.S. and principal international markets and the company benefited from product mix, pricing actions and lower promotional activity.
Movado (MOV) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.23 per share a year ago.
PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced second quarter and six-month results for the periods ended July 31, 2026. Second Quarter Fiscal 2027 Highlights* Net sales of $169.8 million versus $161.8 million in the second quarter of fiscal 2026; Gross margin of 59.4%, or 57.5% excluding $3.2 million of IEEPA duty refunds, compared to 54.1% in the second quarter of fiscal 2026; Operating income of $14.9 million compared to $4.0 million in the second quarter of f.