Movado Group
ProfileJobs (138)

Movado Group

Suggest Edit
    • Manufacturing & IndustrialRetaildistributionjewelleryluxurywatches

    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.

    Revenue(FY, 2018)
    $568 M
    Market capitalization(2018-11-14)
    $898 M

    Employee Rating

    3.3More
    TypePublic
    HQParamus, US
    Founded1881
    Size (employees)1,000 (est)-9%
    Websitemovadogroup.com
    Movado Group was founded in 1881 and is headquartered in Paramus, US
    Report incorrect company information

    Viewing summary data as a guest

    Sign up for free to see all data

    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 Revenue

    Movado Group's revenue was reported to be $567.95 m in FY, 2018
    USD

    Revenue (Q2, 2019)

    		144.1m

    Gross profit (Q2, 2019)

    		77.8m

    Gross profit margin (Q2, 2019), %

    		54%

    EBIT (Q2, 2019)

    		12.9m

    Market capitalization (14-Nov-2018)

    		898.0m

    Closing stock price (14-Nov-2018)

    		38.8

    Cash (31-Jul-2018)

    		175.6m
    Movado Group's current market capitalization is $898 m.
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Revenue

    		570.3m587.0m594.9m552.8m568.0m

    Revenue growth, %

    		3%

    Cost of goods sold

    		265.0m277.0m278.0m257.9m269.9m

    Gross profit

    		305.3m310.0m316.9m294.8m298.1m
    Quarterly
    USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

    Revenue

    		189.7m120.9m143.6m188.6m120.5m145.6m185.6m114.1m128.1m179.8m99.3m128.8m190.7m127.1m144.1m

    Cost of goods sold

    		88.4m55.8m66.0m88.7m58.0m66.5m85.5m52.7m57.8m81.3m50.1m62.7m86.6m59.6m66.3m

    Gross profit

    		101.3m65.2m77.6m99.8m62.4m79.0m100.1m61.3m70.3m98.6m49.1m66.1m104.1m67.5m77.8m

    Gross profit Margin, %

    		53%54%54%53%52%54%54%54%55%55%50%51%55%53%54%
    show all
    Annual
    usdY, 2010Y, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Cash

    		71.0m103.0m182.2m167.9m157.7m199.9m228.2m256.3m214.8m

    Accounts Receivable

    		71.0m66.8m83.1m

    Inventories

    		181.3m170.8m162.5m153.2m151.7m

    Current Assets

    		485.3m485.3m489.0m504.8m481.6m
    Quarterly
    USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

    Cash

    		163.1m137.8m169.6m157.9m188.0m181.2m203.9m205.8m199.8m233.6m162.4m155.5m177.0m175.6m

    Accounts Receivable

    		124.4m75.8m72.7m130.1m66.5m81.5m132.9m80.0m83.8m

    Inventories

    		175.5m184.4m195.3m182.7m188.5m179.0m178.4m186.1m169.4m160.4m177.0m169.9m159.0m171.4m

    Current Assets

    		497.3m481.0m497.2m507.2m495.3m520.6m494.5m499.4m527.3m493.0m452.7m484.7m452.2m468.7m
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Net Income

    		51.5m51.9m45.8m35.1m

    Depreciation and Amortization

    		12.2m12.5m13.2m11.5m13.5m

    Inventories

    		(19.1m)4.5m(3.1m)7.4m6.6m

    Accounts Payable

    		11.6m(5.4m)774.0k(401.0k)(4.0m)
    Quarterly
    USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

    Net Income

    		12.2m22.4m3.6m11.9m21.9m3.3m6.4m20.2m17.3m

    Depreciation and Amortization

    		8.7m3.0m6.1m9.2m3.0m6.1m9.4m2.9m5.7m8.5m2.9m6.0m9.8m3.4m6.5m

    Inventories

    		(12.8m)(1.0m)(15.2m)(8.8m)(14.2m)(21.9m)(15.2m)(11.3m)(21.1m)(7.7m)(8.0m)(18.8m)(14.6m)(11.5m)(25.4m)

    Accounts Payable

    		14.4m(8.2m)4.1m(3.1m)(2.1m)4.3m2.4m(360.0k)(1.8m)(5.1m)(4.2m)7.1m334.0k5.7m11.0m
    show all
    Show all financial metrics
    Report incorrect company information

    Competitors

    Richemont
    Retail - Public
    Watchfinder
    Retail - Private
    TAG Heuer
    Manufacturing & Industrial - Private
    Swatch Group
    Manufacturing & Industrial - Public
    Compare competitors

    Movado Group Online and Social Media Presence

    Embed Graph
    Report incorrect company information

    Movado Group News and Updates

    August 17, 2018

    Movado Group acquires watch startup MVMT

    The Movado Group, which sells multiple brands including Lacoste, Tommy Hilfiger and Hugo Boss, has purchased MVMT, a small watch company founded by Jacob Kassan and Kramer LaPlante in 2013. The company, which advertised heavily on Facebook, logged $71 million in revenue in 2017. Movado purchased the…
    May 30, 2018

    Movado Group, Inc. (MOV) CEO Efraim Grinberg on Q1 2019 Results - Earnings Call Transcript

    March 31, 2018

    Movado Group: Look Past Q4 And See The Bigger Picture

    March 29, 2018

    Movado Group's (MOV) CEO Efraim Grinberg on Q4 2018 Results - Earnings Call Transcript

    January 16, 2018

    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

    Movado Group Company Life and Culture

    Report incorrect company information
    Download PDF

     Movado Group Frequently Asked Questions

    • When was Movado Group founded?

      Movado Group was founded in 1881.

    • How many employees does Movado Group have?

      Movado Group has 1,000 employees.

    • What is Movado Group revenue?

      Latest Movado Group annual revenue is $568 m.

    • What is Movado Group revenue per employee?

      Latest Movado Group revenue per employee is $568 k.

    • Who are Movado Group competitors?

      Competitors of Movado Group include Richemont, Watchfinder and TAG Heuer.

    • Where is Movado Group headquarters?

      Movado Group headquarters is located at 650 From Rd., Ste. 375 , Paramus.

    • Where are Movado Group offices?

      Movado Group has an office in Paramus.

    • How many offices does Movado Group have?

      Movado Group has 1 office.