{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-23-001534","form_type":"8-K","ticker":"MOV","cik":"0000072573","company_name":"MOVADO GROUP INC","filed_at":"2023-05-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.079320+00:00","generated_at":"2026-06-14T15:10:28.347926+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Movado Q1 sales down 11.3% to $144.9M; EPS $0.40 vs $0.79 YoY","bullets":["Net sales $144.9M (-11.3%), U.S. down 15.7%, international down 8.1%.","Operating income $10.9M vs $25.3M; adjusted operating income $11.6M.","Diluted EPS $0.40 (adjusted $0.43) vs $0.79 ($0.82) YoY.","Board approved quarterly dividend of $0.35/share, payable June 21 to holders of record June 7.","FY2024 outlook reaffirmed: sales $725-750M, operating income $80-85M, EPS $2.70-2.90."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-23-001534","json":"https://secwatch.observer/filing/0000950142-23-001534.json","markdown":"https://secwatch.observer/filing/0000950142-23-001534.md","text":"https://secwatch.observer/filing/0000950142-23-001534.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/72573/000095014223001534/0000950142-23-001534-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/72573/000095014223001534/eh230361641_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T15:10:28.347926+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"613668b3fb3a03dbaa7dd86d75696804c8d6a1a7","claim":"MOVADO GROUP INC reported first quarter fiscal 2024 ended April 30, 2023 results: revenue $144.9 million, net income $9.1 million, or $0.40 per diluted share, EPS $0.40 per diluted share. Guidance reaffirmed.","evidence_excerpt":"EXHIBIT 99.1 EXHIBIT 99.1 CONTACT: ICR, Inc. Rachel Schacter/Allison Malkin 203-682-8200 FINAL MOVADO GROUP, INC. ANNOUNCES FIRST QUARTER FISCAL 2024 RESULTS ~ Net Sales of $144.9 million ~ ~ Operating Income of $10.9 million; Adjusted Operating Income of $11.6 million ~ ~ EPS of $0.40 and Adjusted EPS of $0.43 ~ ~ Board Approves Quarterly Dividend of $0.35 Per","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/72573/000095014223001534/0000950142-23-001534-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter fiscal 2024 ended April 30, 2023"},{"label":"Revenue","value":"$144.9 million"},{"label":"Net income","value":"$9.1 million, or $0.40 per diluted share"},{"label":"EPS","value":"$0.40 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}