---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-23-000769"
form_type: "8-K"
ticker: "MOV"
cik: "0000072573"
company_name: "MOVADO GROUP INC"
filed_at: "2023-03-23T23:59:59+00:00"
generated_at: "2026-06-17T19:39:06.738194+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Movado Group reports Q4 sales down 5.7% to $194.3M; FY2023 EPS $4.12; special dividend $1.00

## Summary
- FY2023 net sales $751.9M (+2.7% YoY); operating income $120.4M (record); cash $251.6M, no debt.
- Q4 net sales $194.3M (-5.7% YoY, -2.8% constant currency); GAAP EPS $1.00, adjusted $1.03.
- Board declared special dividend of $1.00 per share plus regular quarterly $0.35, payable April 19 to record April 5.
- FY2024 guidance: net sales $725-750M; GAAP EPS $2.70-$2.90; operating income $80-85M; excludes $2.1M amortization.
- Q4 gross margin down to 56.2% from 58.7% due to unfavorable mix and FX.

## SEC filing metadata
- accession: 0000950142-23-000769
- form_type: 8-K
- ticker: MOV
- cik: 0000072573
- company_name: MOVADO GROUP INC
- filed_at: 2023-03-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72573/000095014223000769/0000950142-23-000769-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72573/000095014223000769/eh230342117_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-23-000769
- JSON: https://secwatch.observer/filing/0000950142-23-000769.json
- Plain text: https://secwatch.observer/filing/0000950142-23-000769.txt

## Key facts
- Earnings Releases
  MOVADO GROUP INC reported the fiscal year ended January 31, 2023 results: revenue $751.9 million, EPS $4.12 per diluted share.
  - Period: the fiscal year ended January 31, 2023
  - Revenue: $751.9 million
  - EPS: $4.12 per diluted share
  - Result: reported results
  source text: Fiscal 2023 Net Sales of $751.9 million ~ ~ Fiscal 2023 EPS of $4.12 and Fiscal 2023 Adjusted EPS of $4.22
  evidence_url: https://www.sec.gov/Archives/edgar/data/72573/000095014223000769/0000950142-23-000769-index.htm
- Earnings Releases
  MOVADO GROUP INC reported the fourth quarter ended January 31, 2023 results: revenue $194.3 million, EPS $1.00 per diluted share.
  - Period: the fourth quarter ended January 31, 2023
  - Revenue: $194.3 million
  - EPS: $1.00 per diluted share
  - Result: reported results
  source text: Fourth Quarter Net Sales of $194.3 million ~ ~ Fourth Quarter EPS of $1.00 and Fourth Quarter Adjusted EPS of $1.03
  evidence_url: https://www.sec.gov/Archives/edgar/data/72573/000095014223000769/0000950142-23-000769-index.htm

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