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Movado Group, Inc. Company Snapshot
Movado Group, Inc. designs, sources, markets and distributes watches. The Company operates through two segments: Wholesale and Retail. The Wholesale segment includes the design, development, sourcing, marketing and distribution of watches, and after-sales service activities and shipping. It sells all of its brands to jewelry store chains and department stores, as well as independent jewelers. The Retail segment includes its outlet stores. As of January 31, 2017, its subsidiary, Movado Retail Group, Inc., operated 40 outlet stores located in outlet centers across the United States. It divides its business into two geographic locations: the United States operations and International operations. It has international operations in Europe, the Americas, the Middle East and Asia. Its portfolio of brands includes Coach Watches, Concord, Ebel, ESQ Movado, Scuderia Ferrari Watches, HUGO BOSS Watches, Juicy Couture Watches, Lacoste Watches, Movado and Tommy Hilfiger Watches.

Sales Analysis. Movado Group reported sales of $552.75 million for the fiscal year ending January of 2017. This represents a decrease of 7.1% versus 2016, when the company's sales were $594.92 million. Contributing to the drop in overall sales was the 8.6% decline in Wholesale, from $530.01 million to $484.44 million. . However, these declines were partially offset by the increase in sales of Retail (up 5.2% to $68.31 million) .
   
   
 
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Movado Group, Inc.
  Stock Performance Chart for Movado Group, Inc.
 
  Stock Data: Recent Stock Performance:
  Current Price (7/21/2017): 24.85
(Figures in U.S. Dollars)
1 Week 2.3%   13 Weeks 4.4%  
4 Weeks 4.6%   52 Weeks 11.5%  
 
Movado Group, Inc. Key Data:
  Ticker: MOV Country: United States
  Exchanges: NYSE Major Industry: Consumer Durables & Apparel
    Sub Industry: Watches, Clocks, Watchcases & Parts
  2016 Sales 552,752,000
(Year Ending Jan 2017).
Employees: 1,100
  Currency: U.S. Dollars Market Cap: 571,417,127
  Fiscal Yr Ends: January Shares Outstanding: 22,994,653
  Share Type: Common Closely Held Shares: 7,207,632
 
 
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