MOV
Movado sells 95% stake in EBEL brand
Movado Group agreed to sell a 95% interest in its EBEL brand to Montres Journe SA, led by Chanel and Pierre Jacques, for $66.5 million to sharpen its focus on core brands.
MOV news
Latest 3 stories · newest Oct 8, 2026
MOV
Movado Q2 Fiscal 2027 sales up 4.9%
Movado Group reported strong Q2 fiscal 2027 results with net sales growing 4.9% despite inventory impairment costs, supported by a healthy cash balance and a quarterly dividend declared of $0.40 per share.
MOV
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…
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