---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-21-003785"
form_type: "8-K"
ticker: "MOV"
cik: "0000072573"
company_name: "MOVADO GROUP INC"
filed_at: "2021-11-23T23:59:59+00:00"
generated_at: "2026-06-28T05:55:41.014167+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Movado Q3 net sales $217.7M (+28.2% YoY); raises annual EPS outlook to $3.35-$3.45; dividend +25%

## Summary
- Q3 diluted EPS $1.33 ($1.36 adjusted) vs $0.63 prior year; operating income $41.4M (+79%).
- Gross margin expanded 330 bps to 57.7%; U.S. net sales +41.7% YoY, International +19.7% YoY.
- Raised FY2022 outlook: net sales ~$715-720M, EPS $3.35-$3.45; expects 25% effective tax rate.
- Board approved 25% dividend increase to $0.25/share, payable Dec 17, record Dec 3.
- New $50M share repurchase program authorized through Nov 23, 2024; $8M remains under prior program.

## SEC filing metadata
- accession: 0000950142-21-003785
- form_type: 8-K
- ticker: MOV
- cik: 0000072573
- company_name: MOVADO GROUP INC
- filed_at: 2021-11-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72573/000095014221003785/0000950142-21-003785-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72573/000095014221003785/eh210205106_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-21-003785
- JSON: https://secwatch.observer/filing/0000950142-21-003785.json
- Plain text: https://secwatch.observer/filing/0000950142-21-003785.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.