{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-24-002890","form_type":"8-K","ticker":"MOV","cik":"0000072573","company_name":"MOVADO GROUP INC","filed_at":"2024-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.921602+00:00","generated_at":"2026-05-29T07:51:29.406954+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 Group Q3 revenue drops 2.6% to $182.7M; EPS $0.22 ($0.37 adj); cuts FY2025 guidance to low end","bullets":["Net sales $182.7M, -2.6% YoY; U.S. -7.1%, international +0.4% on tighter retail inventory management.","GAAP operating income $6.6M vs $20.7M prior year; adjusted operating income $9.3M.","Cash $181.5M, no debt; board approves new $50M share repurchase program and $0.35 quarterly dividend.","FY2025 outlook lowered to net sales ~$665M, operating income ~$23M, EPS $0.90 (low end of prior range).","Cost-savings initiative to generate ~$6.5M annualized savings; includes headcount reduction."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-24-002890","json":"https://secwatch.observer/filing/0000950142-24-002890.json","markdown":"https://secwatch.observer/filing/0000950142-24-002890.md","text":"https://secwatch.observer/filing/0000950142-24-002890.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/72573/000095014224002890/0000950142-24-002890-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/72573/000095014224002890/eh240564665_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T07:51:29.406954+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}