---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-24-001468"
form_type: "8-K"
ticker: "MOV"
cik: "0000072573"
company_name: "MOVADO GROUP INC"
filed_at: "2024-05-30T23:59:59+00:00"
generated_at: "2026-06-01T07:31:41.221678+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Movado Q1 net sales $136.7M, EPS $0.13 (vs $0.40 YoY); reaffirms FY25 outlook

## Summary
- Net sales $136.7M, down 5.7% YoY; operating income $3.3M vs $10.9M prior.
- Diluted EPS $0.13 vs $0.40 in Q1 last year; gross margin 55.3% vs 56.6%.
- Board approved $0.35 quarterly dividend, payable June 26, 2024 to holders of record June 12.
- Company repurchased ~39,000 shares in Q1; $16.8M remaining under buyback program.
- FY25 outlook reaffirmed: sales $700-710M, operating income $32-35M, EPS $1.20-$1.30.

## SEC filing metadata
- accession: 0000950142-24-001468
- form_type: 8-K
- ticker: MOV
- cik: 0000072573
- company_name: MOVADO GROUP INC
- filed_at: 2024-05-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72573/000095014224001468/0000950142-24-001468-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72573/000095014224001468/eh240487489_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-24-001468
- JSON: https://secwatch.observer/filing/0000950142-24-001468.json
- Plain text: https://secwatch.observer/filing/0000950142-24-001468.txt

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