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Oct 31, 2025
Movado Q3 2026 Earnings Report
Movado reported its Q3 2026 earnings with a modest sales increase and a significant improvement in profitability compared to the prior year.
Key Takeaways
Movado achieved a 3.1% increase in revenue and doubled its net income year-over-year, driven by higher gross margins and reduced operating expenses.
Revenue rose to $186.1 million, up from $180.5 million last year.
EPS doubled to $0.42, with adjusted EPS at $0.45.
Operating income jumped to $11.7 million from $6.0 million year-over-year.
The company ended the quarter with $183.9 million in cash and no debt.
Revenue by Geographic Location
Forward Guidance
Movado did not issue formal fiscal 2026 guidance due to ongoing economic and tariff uncertainties but expressed optimism heading into the holiday season.
Positive Outlook
- Strong holiday marketing and innovation pipeline
- Expected growth in Movado brand's wholesale channel in Q4
- Positive impact expected from reduced Swiss watch tariffs
- Double-digit growth in direct-to-consumer Movado sales
- Solid cash position enables future investment in growth
Challenges Ahead
- No formal fiscal 2026 guidance issued due to uncertainty
- Tariff cost increases impacted gross margin
- Currency exchange fluctuations remained a headwind
- Decline in owned brands offset segment gains
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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