Tommy Hilfiger Watches License: Movado Group's Timeless Strategy in North American Luxury Timepiece Market
Movado Group's Tommy Hilfiger watch license is highlighted as a cornerstone of its brand portfolio, blending American style with Swiss craftsmanship for the North American market. The article emphasizes how this partnership provides investors exposure to resilient luxury goods and contributes significantly to Movado's revenue, with steady performance driven by strategic retail presence and evolving consumer trends. The watches appeal to style-conscious consumers seeking accessible luxury, reinforcing brand vitality in the competitive fashion sector.
Movado Group (NYSE:MOV) Director Alexander Grinberg Sells 4,935 Shares
Movado Group director Alexander Grinberg sold 4,935 shares of the company's stock on January 5th for a total of $212,451.75, reducing his stake by 17.02%. The company recently announced a quarterly dividend of $0.35 per share, yielding 5.9%, and reported earnings that beat analyst estimates. Analysts currently have a "Moderate Buy" consensus rating for Movado Group with an average target price of $30.75.
Movado Group (NYSE: MOV) director sells 4,935 IRA-held shares
Movado Group director Alexander Grinberg sold 4,935 shares of Common Stock from his IRA at $43.05 per share on January 5, 2022, liquidating his IRA position. After the sale, he retained 24,066 shares directly and 6,426 shares indirectly through a trust. A footnote clarified that previous reports had inadvertently overstated his indirect holdings by including the already sold IRA shares.
Movado Group (NYSE:MOV) Stock Price Down 5.4% - Here's Why
Movado Group (NYSE:MOV) saw its stock price drop 5.4% to around $23.30, trading significantly below its average daily volume despite beating Q earnings and revenue estimates. The company declared a quarterly dividend of $0.35, resulting in a 5.9% yield, but its high payout ratio of 120.69% raises concerns about sustainability. Analysts maintain a "Moderate Buy" consensus with a $30.75 price target, and institutional investors have recently increased their stakes in the company.
Movado Group extends Calvin Klein license agreement through 2029
Movado Group has extended its license agreement with Calvin Klein through December 31, 2029, involving its subsidiaries Swissam Products Limited and MGI Luxury Group Sàrl. This extension comes as Movado's stock has seen a nearly 59% increase over the past year and maintains a 5.69% dividend yield. Despite missing analyst EPS expectations in fiscal Q4 2026, the company surpassed revenue forecasts and was reiterated an Outperform rating by Northland.
Movado Extends Calvin Klein License, Securing Long-Term Partnership
Movado Group has extended its licensing agreement with Calvin Klein, Inc. for an additional three years, through December 31, 2029. This extension ensures continuity for Movado's Calvin Klein watch and accessories business, providing long-term visibility for both companies. The agreement also reduces near-term contract risk for Movado and reinforces its position as a key manufacturing and distribution partner for fashion houses.
According to the latest filings disclosed by the U.S. Securities and Exchange Commission, the registration documents submitted by Movado Group Inc indicate that the other major terms in the company's relevant agreements remain largely unchanged, with no significant modifications.
Movado Group Inc.'s latest SEC filings reveal that the major terms of its agreements have not significantly changed. This stability in protocol terms offers investors a solid legal foundation. The article emphasizes that this content is the author's opinion and not investment advice.
Movado (NYSE: MOV) SVP receives new phantom stock grant under deferred plan
Movado Group Inc.'s Senior VP and General Counsel, Mitchell Cole Sussis, was granted 52.38 phantom stock units under the company's Deferred Compensation Plan. These units, which are the economic equivalent of one share of common stock, were awarded at no cost to Sussis. Following this grant, Sussis now holds a total of 1,581.79 phantom stock units, which will be paid out in annual installments over 10 years after his employment ends.
Calvin Klein watch license with Movado (NYSE: MOV) extended to 2029
Movado Group, Inc. has extended its licensing agreement with Calvin Klein, Inc. for an additional three years, now through December 31, 2029. This extension covers Movado and its subsidiaries, Swissam Products Limited and MGI Luxury Group Sárl, while keeping the other material terms of the original 2020 agreement substantially unchanged. The renewal provides stability for Movado's licensed-brand portfolio, though financial details regarding the Calvin Klein line's contribution will need to be sought in future filings.
Movado Group (MOV) EVP granted 136.93 phantom stock units
Movado Group's EVP & COO, Behzad Soltani, was granted 136.93 phantom stock units, bringing his total holdings to 2,207.46 units. These units, which are compensation-related and have a stated price of $0.00 per unit, are economic equivalents of one Movado Group common share. They will be distributed in equal annual installments for 10 years following Soltani's termination of employment.
Movado Group (NYSE: MOV) director receives 37.49 phantom stock units as deferred pay
Movado Group director Alexander Grinberg was granted 37.49 phantom stock units as deferred compensation, increasing his total holdings to 2,861.47 units. These units are economically equivalent to Movado common stock and are part of the company's Deferred Compensation Plan, becoming distributable in annual installments over 10 years after his employment ends. This transaction reflects compensation alignment rather than a market purchase or sale of shares.
Movado (MOV) HR SVP receives 46.7 phantom stock units under deferred compensation plan
Michelle Kennedy, SVP of Human Resources at Movado Group Inc. (MOV), was granted 46.690 phantom stock units under the company's deferred compensation plan. These units are economically equivalent to Movado common stock and will be distributed in equal annual installments over 10 years after her employment ends. Following this grant, Kennedy holds a total of 517.890 phantom stock units.
Movado (NYSE: MOV) CEO awarded 286 Phantom Stock Units in deferred plan
Movado Group Inc. Chairman and CEO Efraim Grinberg was granted 286.6500 Phantom Stock Units on March 31, 2026, as compensation. These units are economically equivalent to one share of Movado common stock, and following this award, Grinberg now holds 35,573.6200 Phantom Stock Units. The units are part of the company's Deferred Compensation Plan and will be distributed in equal annual installments over 10 years after his employment ends.
Movado Group (NYSE: MOV) SVP stock award leads to 230-share tax withholding
Movado Group's Senior Vice President and Principal Accounting Officer, Linda Feeney, reported a routine tax-related share disposition where 230 shares of common stock were withheld by the company to cover tax obligations from vested stock awards. This non-market transaction on March 27, priced at $24.05 per share, leaves Feeney with 5,240 directly held shares of Movado common stock. The event is characterized as a standard administrative process rather than a market sale.
Movado Group Inc (MOV) EVP uses 2,723 shares to cover tax withholding
Movado Group Inc.'s EVP & COO, Behzad Soltani, reported a routine tax-related share disposition where 2,723 shares of common stock, valued at $24.05 each, were withheld by the company. This action satisfied tax withholding obligations on vested stock awards, leaving Soltani with 81,042.204 shares directly held. This transaction is categorized as a tax-withholding disposition rather than an open-market sale, and is considered neutral in its impact on the company.
Movado Group (MOV) SVP uses 2,155 shares to cover tax withholding
Movado Group's Senior Vice President of Human Resources, Michelle Kennedy, reported the disposition of 2,155 shares of common stock on March 27, 2026. These shares were withheld by the company at $24.05 per share to satisfy tax withholding obligations upon the vesting of previously granted stock awards. After this transaction, Kennedy directly holds 35,927.834 shares of Movado common stock.
Movado (NYSE: MOV) SVP sees 1,467 shares withheld to cover taxes
Movado Senior VP and General Counsel Mitchell Cole Sussis had 1,467 shares of common stock withheld for tax obligations on March 27, 2026. This transaction was related to stock awards granted on March 27, 2023, and the shares were valued at $24.05 each. After this withholding, Sussis directly holds 46,030 shares of Movado.
Movado Group (MOV) CFO has 2,903 shares withheld for tax obligations
Movado Group's CFO, Sallie A. Demarsilis, had 2,903 shares withheld by the company on March 27, 2026, to cover tax obligations arising from the vesting of stock awards granted on March 27, 2023. The shares were withheld at a price of $24.05 per share. Following this transaction, Demarsilis directly holds 126,296 shares of Movado Group common stock.
Movado Group (NYSE: MOV) CEO reports 11,926-share tax withholding
Movado Group CEO Efraim Grinberg reported a tax-related share disposition. The company withheld 11,926 shares of common stock at $24.05 per share to cover tax withholding obligations from vested stock awards. Following this non-market transaction, Grinberg directly holds 374,676.599 shares, with additional holdings in a trust and an IRA.
Movado (NYSE: MOV) director sees 586 shares withheld for tax
Movado Group Inc. director Alexander Grinberg had 586 shares of common stock withheld by the company to cover tax obligations. This transaction occurred on March 27, 2026, at $24.05 per share, in connection with the vesting of stock awards granted on March 27, 2023. After this withholding, Grinberg maintains significant direct and indirect holdings in Movado shares.
Tommy Hilfiger Watches Under Movado Group License: Timeless Appeal Meets Luxury Market Resilience fo
Tommy Hilfiger watches, operating under a Movado Group license, offer accessible luxury by blending iconic American style with Swiss craftsmanship. These watches are a stable performer in the global luxury watch segment, with strategic distribution expansions through partners like Lacoste enhancing their visibility. For investors, the licensed model provides Movado Group with stable revenue streams and growth potential in a diversifying market without high R&D costs.
Tommy Hilfiger Watches: Timeless Licensed Luxury Driving Movado Group’s North American Growth
The Tommy Hilfiger watch license is a crucial asset for Movado Group, combining iconic American style with Swiss craftsmanship to meet premium consumer demand in North America. These watches target affluent millennials and Gen Z, contributing significantly to Movado's gross margins and stable market share. The strategic licensing model allows Movado to leverage Tommy Hilfiger's global recognition, ensuring continued growth and stability for investors in the luxury watch segment.
Vanguard disaggregates holdings; reports 0 shares in Movado Group (MOV)
The Vanguard Group filed an Amendment No. 16 to a Schedule 13G/A, reporting zero beneficial ownership in Movado Group Inc. This change follows an internal realignment effective January 12, 2026, where certain Vanguard subsidiaries will now report their ownership separately. Consequently, The Vanguard Group itself reports 0 shares, representing 0% of the class.
Movado Group (NYSE: MOV) director receives 5,442-share stock award
Movado Group Inc. director Maya Peterson was granted 5,442 shares of common stock as a compensation-related award, as reported in a Form 4 filing. This grant was at no cash cost and increased Peterson's direct holdings to a total of 26,877 Movado Group common shares. The transaction was a stock award, not an open-market purchase, and no stock sales by Peterson were reported in this filing.
Movado Group (MOV) director receives 5,442-share stock grant in Form 4
Movado Group Inc. director Ann Kirschner was granted 5,442 shares of common stock as a stock award, with no stated purchase price. This transaction, detailed in a Form 4 filing, increases her beneficial ownership to 32,488 shares. The filing indicates a neutral impact and sentiment regarding this insider transaction.
Movado Group (NYSE: MOV) director granted 5,442 common shares
Movado Group (NYSE: MOV) director Richard D. Isserman was granted 5,442 common shares as equity compensation, recorded at a price of $0.0000 per share. Following this award, Isserman directly holds a total of 34,683 common shares in the company. This transaction is classified as an acquisition via grant, not an open-market purchase or sale.
Movado Group (NYSE: MOV) director awarded 5,442-share stock grant, now holds 38,806 shares
Movado Group director Stephen I. Sadove has been awarded a stock grant of 5,442 shares of common stock, explicitly for compensation and not a market purchase, increasing his direct holdings to 38,806 shares. Additionally, Sadove indirectly holds 8,500 shares in a trust, providing a comprehensive view of his ownership in the company. This transaction was reported in an SEC Form 4 filing on March 25, 2026.
Movado Group beats revenue but misses profit estimates in Q4 amid tariff pressures
Movado Group (MOV) reported a revenue beat but a profit miss in its Q4 earnings, attributing the profit miss primarily to tariff pressures. Despite the revenue growth, the company faced challenges in profitability, highlighting the impact of global trade policies on its financial performance. This mixed financial outcome reflects the difficulties faced by businesses operating in an environment of ongoing trade tensions.
Movado Group (MOV) director awarded 8,581 shares in new stock grant
Movado Group Inc. director Alan H. Howard received a grant of 8,581 shares of common stock as equity compensation, increasing his direct holdings to 86,854 shares. This award was acquired at no cost and is considered a routine, non-market transaction rather than an open-market purchase or sale. The SEC Form 4 filing details this compensation-based acquisition.
Movado Group Inc (MOV) CFO receives 21543-share stock award
Movado Group Inc.'s CFO, Sallie A. DeMarsilis, was granted 21,543 shares of common stock as compensation, increasing her direct holdings to 129,199 shares. This transaction, filed on Form 4, is a stock-based award with no cash cost, rather than an open-market purchase, and no stock sales were reported. The filing indicates a neutral impact and sentiment regarding the transaction.
Director at MOVADO GROUP INC (NYSE: MOV) receives 1,815-share award
Alexander Grinberg, a director at Movado Group Inc. (NYSE: MOV), was granted 1,815 shares of common stock on March 23, 2026, as a compensation-related award with no cash cost. Following this transaction, Grinberg directly holds 10,857 shares, with additional indirect holdings through an IRA and a trust. This information was disclosed in a recent Form 4 SEC filing.
Movado (NYSE: MOV) CEO Efraim Grinberg awarded 84,763 common shares
Movado Group Inc. CEO and Chairman Efraim Grinberg was granted 84,763 shares of common stock on March 23, 2026, as equity-based compensation. This transaction increased his direct holdings to 386,602.599 shares, with additional indirect holdings through a trust and an IRA. The Form 4 filing indicates this was a grant and not an open-market purchase, with a reported price of $0.00 per share.
[Form 4] MOVADO GROUP INC Insider Trading Activity
Mitchell Cole Sussis, Senior VP and General Counsel of Movado Group Inc. (MOV), reported an acquisition of 10,142 shares of common stock on March 23, 2026. These shares were awarded as compensation at no cash cost, increasing his direct holdings to 47,497 shares. The filing indicates a neutral impact and sentiment regarding this insider trading activity.
Movado Group (NYSE: MOV) EVP & COO receives 19,886-share stock grant in Form 4 filing
Movado Group's EVP & COO, Behzad Soltani, was granted 19,886 shares of common stock on March 23, 2026, as compensation. This non-cash award, valued at $0.00 per share, increased Soltani's direct holdings to 83,765.204 shares. The transaction was reported in a Form 4 filing, indicating typical stock-based compensation rather than a market purchase.
Movado Group Inc (MOV) SVP Linda Feeney receives 1,025-share stock grant
Movado Group Inc.'s Senior Vice President and Principal Accounting Officer, Linda Feeney, has received a grant of 1,025 common shares as compensation. This grant, valued at $0.0000 per share, increases her direct ownership in the company to 5,470 common shares. The transaction reflects an equity-based compensation practice rather than a market purchase.
Movado Group Q3 EPS Estimate Lowered by Northland Securities
Northland Securities has reduced its Q3 2028 EPS estimate for Movado Group (NYSE: MOV) from $0.79 to $0.59, while maintaining a "Strong-Buy" rating. Despite this, Movado Group recently surpassed Q4 earnings expectations, reporting $0.57 EPS against an estimate of $0.52 and announcing a $0.35 quarterly dividend. The company, however, withheld its full-year 2027 guidance, citing potential headwinds from tariffs and international market conditions.
Movado Q4 2025 Earnings Beat Forecasts on Strong US Demand | 2026 Report - News and Statistics
Movado Group Inc. reported Q4 2025 financial results that exceeded analyst expectations for revenue and profit, driven by strong consumer demand in the United States, particularly from younger and female shoppers. The luxury watchmaker achieved $191.6 million in sales and higher-than-projected adjusted earnings per share. Despite challenges from tariffs impacting the cost of goods sold, gross margins remained stable due to product mix and operational efficiencies.
Movado Group, Inc. (NYSE:MOV) Q4 2026 Earnings Call Transcript
Movado Group, Inc. (NYSE:MOV) reported strong Q4 2026 earnings, exceeding expectations with EPS of $0.57 against an anticipated $0.52. The company celebrated revenue growth of 5.6% in Q4 and 2.7% for the full fiscal year 2026, driven by strategic priorities including customer focus, innovation, compelling storytelling, and improved profitability. Despite geopolitical uncertainties and tariff impacts, Movado generated significant operating cash flow and ended the year with a robust cash position and no debt.
Movado Group Inc. (NYSE:MOV) to Issue Quarterly Dividend of $0.35
Movado Group (NYSE: MOV) has announced a quarterly dividend of $0.35 per share, to be paid on April 16 to shareholders of record on April 2. This dividend implies an annualized yield of approximately 5.6%. Following the announcement, shares of MOV traded up $2.15 to $25.20 on high volume.
Movado: Fiscal Q4 Earnings Snapshot
Movado Group Inc. (MOV) reported a fiscal fourth-quarter profit of $12.6 million, or 55 cents per share, with adjusted earnings of 57 cents per share. The watchmaker's revenue for the quarter was $191.6 million. For the full year, Movado reported a profit of $26.6 million, or $1.17 per share, on revenue of $671.3 million.
Movado Group, Inc. Q4 2026 Earnings Call Summary
Movado Group, Inc. reported a rebound in fiscal 2026 with 2.7% revenue growth, including a 5.6% increase in Q4, driven by U.S. wholesale and retail channels and strategic brand refreshes. The company saw strong performance from the Movado brand and licensed brands like Coach, attributing success to engagement with female and Gen Z consumers. Despite geopolitical risks and tariff volatility, Movado plans to focus on higher-margin products, celebrate its 145th anniversary, and maintain a solid financial position with strong liquidity and no debt.
Movado Group posts $671.3M sales and $26.6M net income in FY2026
Movado Group reported net sales of $671.3 million for fiscal year 2026, a 2.7% increase year-over-year, driven by foreign exchange gains and higher wholesale volumes. The company's net income rose to $26.6 million from $18.4 million in the prior year. Key financial highlights include a gross profit of $363.6 million (54.2% of sales) and an operating income of $29.6 million (4.4% of sales), reflecting modest organic growth and margin improvement.
Movado Group reports FY2026 sales $671.3M, operating income $29.8M, adjusted EPS $1.34
Movado Group announced its fiscal year 2026 results, reporting net sales of $671.3 million, an increase from $653.4 million in FY2025. Operating income also rose to $29.8 million, and adjusted diluted earnings per share increased to $1.34. The company ended the year debt-free with $230.5 million in cash and declared a quarterly dividend of $0.35 per share.
[8-K] MOVADO GROUP INC Reports Material Event | MOV SEC Filing - Form 8-K
Movado Group, Inc. reported strong financial results for the fourth quarter and full fiscal year 2026, with increased net sales, earnings, and cash generation. Despite the positive performance, the company chose not to provide a fiscal year 2027 outlook due to ongoing economic and geopolitical uncertainties. The board declared a quarterly dividend of $0.35 per share and the company repurchased approximately 208,000 shares during the fiscal year.
Movado Group beats revenue but misses profit estimates in Q4 amid tariff pressures
Movado Group Inc. reported mixed fourth-quarter results, with revenue exceeding expectations but earnings falling short due to tariff pressures and geopolitical uncertainty. Despite missing profit estimates, the company's shares rose slightly, driven by strong revenue growth in both U.S. and international markets, particularly for the Movado brand. The company declined to provide fiscal 2027 guidance amidst ongoing economic and geopolitical concerns, including the Middle East conflict.
Watchmaker Movado ends year debt-free after $671M in sales
Movado Group, Inc. announced strong financial results for fiscal year 2026, with net sales reaching $671.3 million and diluted EPS of $1.17. The company ended the fiscal year with $230.5 million in cash and no debt, reflecting significant profitability growth and positive cash flow generation. Movado's CEO, Efraim Grinberg, attributed the success to strong brand performance, innovation, and strategic execution, despite not providing a fiscal 2027 outlook due to economic uncertainties.
MOVADO GROUP ($MOV) Releases Q4 2026 Earnings
MOVADO GROUP (MOV) reported its Q4 2026 earnings, surpassing analyst expectations with earnings of $0.57 per share and revenue of $191.58 million. The report also detailed recent insider trading activity, showing one sale of 1,290 shares by an SVP, Human Resources. Additionally, it highlighted significant movements in institutional investor holdings, with 57 institutions adding and 79 decreasing their positions in MOV stock.
Movado: Overview of Fourth Quarter Financial Results
Movado Group Inc. announced its fourth-quarter financial results, reporting a net profit of $12.6 million and adjusted earnings of 57 cents per share. The company generated $191.6 million in revenue for the quarter. For the full fiscal year, Movado achieved a total profit of $26.6 million and annual revenue of $671.3 million.
Movado: Fiscal Q4 Earnings Snapshot
Movado Group Inc. reported a profit of $12.6 million, or 55 cents per share, in its fiscal fourth quarter. Adjusted earnings were 57 cents per share, with the watchmaker posting revenue of $191.6 million for the period. For the full fiscal year, Movado reported a profit of $26.6 million, or $1.17 per share, and revenue of $671.3 million.
Movado Group (NYSE: MOV) outlines global watch portfolio and key risks
Movado Group, Inc. (NYSE: MOV) has filed its annual report, detailing its global watch and jewelry business, which includes owned brands like Movado, Concord, Ebel, MVMT, and Olivia Burton, as well as licensed brands such as Coach, Tommy Hilfiger, Hugo Boss, Lacoste, and Calvin Klein. The company operates in luxury, accessible luxury, and fashion watch categories across various global markets and highlighted key risks including macroeconomic pressures, reliance on Asian and Swiss sourcing, tariffs, foreign exchange fluctuations, and competition from smartwatches. A significant portion of the report addressed remediation efforts for a material weakness in internal control over financial reporting identified in fiscal 2025.