{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-24-000786","form_type":"8-K","ticker":"MOV","cik":"0000072573","company_name":"MOVADO GROUP INC","filed_at":"2024-03-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.766626+00:00","generated_at":"2026-06-04T08:11:59.847037+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Movado Q4 sales down 7.5%, FY24 EPS $2.06; guides FY25 EPS $1.20-$1.30","bullets":["FY24 net sales $672.6M vs $751.9M (-10.5%); Q4 net sales $179.6M vs $194.3M (-7.5%).","FY24 GAAP EPS $2.06, adjusted EPS $2.13; vs prior year $4.12/$4.22; Q4 EPS $0.53, adjusted $0.55.","Board declares $0.35 quarterly dividend, payable April 23, 2024 to holders of record April 9, 2024.","FY25 guidance: net sales $700-710M, operating income $32-35M, EPS $1.20-$1.30 on incremental $25M marketing spend.","Company launches investment growth strategy; expects first-half sales flat, growth in second half from marketing."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-24-000786","json":"https://secwatch.observer/filing/0000950142-24-000786.json","markdown":"https://secwatch.observer/filing/0000950142-24-000786.md","text":"https://secwatch.observer/filing/0000950142-24-000786.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/72573/000095014224000786/0000950142-24-000786-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/72573/000095014224000786/eh240461350_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T08:11:59.847037+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":"e24a479fe6dea95b6754fbcc716cde35f1bd9a96","claim":"MOVADO GROUP INC reported financial results for the fourth quarter and fiscal year 2024 results for the periods ended January 31, 2024.","evidence_excerpt":"On March 26, 2024, Movado Group, Inc. (the “Company”) issued a press release announcing results for the fourth quarter and fiscal year 2024 results for the periods ended January 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/72573/000095014224000786/0000950142-24-000786-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and fiscal year 2024 results for the periods ended January 31, 2024"},{"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"}