Movado Group MOV Non Us — Restructuring Charges
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Where this comes from
Reported directly by Movado Group in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
The source filing: Movado Group’s 10-K, filed March 19, 2026.
- Filed
- Mar 19, 2026, 10:09 AM EDT
- Fiscal year
- FY2026
- Accession
- 0001193125-26-115298
During fiscal year 2026, the Company recorded $1.5 million in accruals for severance and employee-related charges which are included in Selling, general and administrative in the Consolidated Statements of Operations. During fiscal year 2025, the Company recorded $4.6 million in accruals for severance and employee-related charges and early lease termination charges which were included in Selling, general and administrative in the Consolidated Statements of Operations. The amounts recorded in fiscal year 2026 and fiscal year 2025 are included in both the United States and International locations in the Watch and Accessory segment.
Item 16. Form 10-K Summary
FAQ
- What is Movado Group's non us — restructuring charges?
- Movado Group (MOV) reported non us — restructuring charges of $900K in Q4 2025.
- How has Movado Group's non us — restructuring charges changed year-over-year?
- Movado Group's non us — restructuring charges increased by 44.0% year-over-year, from $625K to $900K.
- What does non us — restructuring charges mean?
- This metric quantifies the costs associated with reorganizing, downsizing, or streamlining operations within the company's international business segments. These charges typically include severance payments, facility closure costs, and asset write-downs intended to improve future operational efficiency. Investors monitor these expenses to evaluate the impact of strategic shifts and the potential for improved margins following the restructuring efforts.
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