---
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"
generated_at: "2026-06-04T08:11:59.847037+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Movado Q4 sales down 7.5%, FY24 EPS $2.06; guides FY25 EPS $1.20-$1.30

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- 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/72573/000095014224000786/0000950142-24-000786-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72573/000095014224000786/eh240461350_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-24-000786
- JSON: https://secwatch.observer/filing/0000950142-24-000786.json
- Plain text: https://secwatch.observer/filing/0000950142-24-000786.txt

## Key facts
- Earnings Releases
  MOVADO GROUP INC reported financial results for the fourth quarter and fiscal year 2024 results for the periods ended January 31, 2024.
  - Period: the fourth quarter and fiscal year 2024 results for the periods ended January 31, 2024
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/72573/000095014224000786/0000950142-24-000786-index.htm

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