Movado Group, Inc. designs, sources, and distributes watches, jewelry, and accessories. The company recently announced its fourth quarter and fiscal year 2026 financial results.
For fiscal year 2026, the company reported total net sales of $671.3 million. Diluted earnings per share (EPS) for the year was $1.17, with an adjusted EPS of $1.34. For the fourth quarter, net sales reached $191.6 million, generating an EPS of $0.55.
The company ended fiscal 2026 with a strong balance sheet, holding $230.5 million in cash and no debt. Additionally, the Board declared a quarterly cash dividend of $0.35 per share.
This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.