---
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"
generated_at: "2026-05-29T07:51:29.406954+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Movado Group Q3 revenue drops 2.6% to $182.7M; EPS $0.22 ($0.37 adj); cuts FY2025 guidance to low end

## Summary
- 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.

## SEC filing metadata
- 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
- 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/72573/000095014224002890/0000950142-24-002890-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72573/000095014224002890/eh240564665_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-24-002890
- JSON: https://secwatch.observer/filing/0000950142-24-002890.json
- Plain text: https://secwatch.observer/filing/0000950142-24-002890.txt

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