Movado Group designs, develops, sources, markets, and distributes fine watches. The Company operates in two segments, Wholesale and Retail. It offers its watches under the Ebel, Concord, Movado, ESQ Movado, Coach, HUGO BOSS, Juicy Couture, Lacoste, Tommy Hilfiger, and SCUDERIA FERRARI brands. The Company also provides after-sales and shipping service. It sells watches through its retail outlets, as well as through jewelry store chains, department stores and a network of independent distributors.

Type
Public
HQ
Paramus, US
Founded
1881
Size (employees)
1,100 (est)
Movado Group was founded in 1881 and is headquartered in Paramus, US
Report incorrect company information

Movado Group Office Locations

Movado Group has an office in Paramus
Paramus, US (HQ)
650 From Rd., Ste. 375
Show all (1)
Report incorrect company information

Movado Group Financials and Metrics

Movado Group Financials

Movado Group's revenue was reported to be $552.75 m in FY, 2017
USD

Revenue (Q3, 2018)

190.7 m

Gross profit (Q3, 2018)

104.1 m

Gross profit margin (Q3, 2018), %

54.6%

Net income (Q3, 2018)

17.4 m

Market capitalization (23-Apr-2018)

891.8 m

Cash (31-Oct-2017)

155.5 m
Movado Group's current market capitalization is $891.8 m.
Annual
usdFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

570.3 m587 m552.8 m

Revenue growth, %

3%

Cost of goods sold

265 m277 m278 m257.9 m

Gross profit

305.3 m310 m294.8 m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

189.7 m120.9 m143.6 m188.6 m120.5 m145.6 m185.6 m114.1 m128.1 m179.8 m99.3 m128.8 m190.7 m

Cost of goods sold

88.4 m55.8 m66 m88.7 m58 m66.5 m85.5 m52.7 m57.8 m81.3 m50.1 m62.7 m86.6 m

Gross profit

101.3 m65.2 m77.6 m99.8 m62.4 m79 m100.1 m61.3 m70.3 m98.6 m49.1 m66.1 m104.1 m

Gross profit Margin, %

53%54%54%53%52%54%54%54%55%55%50%51%55%
Annual
usdY, 2010Y, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

71 m103 m182.2 m167.9 m157.7 m199.9 m228.2 m256.3 m

Accounts Receivable

71 m66.8 m

Inventories

181.3 m170.8 m162.5 m153.2 m

Current Assets

485.3 m485.3 m489 m504.8 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

137.8 m169.6 m157.9 m188 m181.2 m203.9 m205.8 m199.8 m233.6 m162.4 m155.5 m

Accounts Receivable

124.4 m75.8 m72.7 m130.1 m66.5 m81.5 m132.9 m

Inventories

184.4 m195.3 m182.7 m188.5 m179 m178.4 m186.1 m169.4 m160.4 m177 m169.9 m

Current Assets

481 m497.2 m507.2 m495.3 m520.6 m494.5 m499.4 m527.3 m493 m452.7 m484.7 m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

51.5 m51.9 m45.8 m35.1 m

Depreciation and Amortization

12.2 m12.5 m13.2 m11.5 m

Inventories

(19.1 m)4.5 m(3.1 m)7.4 m

Accounts Payable

11.6 m(5.4 m)774 k(401 k)
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

12.2 m22.4 m3.6 m11.9 m21.9 m3.3 m6.4 m20.2 m

Depreciation and Amortization

8.7 m3 m6.1 m9.2 m3 m6.1 m9.4 m2.9 m5.7 m8.5 m2.9 m6 m

Inventories

(12.8 m)(1 m)(15.2 m)(8.8 m)(14.2 m)(21.9 m)(15.2 m)(11.3 m)(21.1 m)(7.7 m)(8 m)(18.8 m)

Accounts Payable

14.4 m(8.2 m)4.1 m(3.1 m)(2.1 m)4.3 m2.4 m(360 k)(1.8 m)(5.1 m)(4.2 m)7.1 m
USDY, 2017

Revenue/Employee

173.4 k

Financial Leverage

1.4 x
Show all financial metrics
Report incorrect company information

Movado Group News and Updates

Movado Group UK sales rise by 13% in Britain’s toughest year for fashion watches

Watch distributor outperforms in a UK market for fashion and lifestyle brands that declined by over 12% in 2016.
Report incorrect company information