Movado Group Q1 FY2027 earnings beat expectations with 8% sales growth

Movado reported Q1 FY2027 net sales of $142.4M (+8% YoY) with diluted EPS of $0.30 versus $0.06 prior year, while expanding gross margins 320 basis points. The board approved a 14% dividend increase to $0.40 per share, reflecting confidence in the company's performance and $225.3M cash position with no debt.