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Movado Group MOV Watch And Accessory Brands — Restructuring Charges

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Other financials

Income statement

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Revenue$142.4M+8.1%
Gross profit$81.6M+14.4%
Operating income$7.0M+2,311%
Net income$6.9M+388%
EPS (diluted)$0.30+400%

Balance sheet

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Cash & equivalents$225.3M+10.9%
Total debt$73.5M-20.3%
Total equity$505.5M+2.5%
Total assets$734.0M-1.8%

Cash flow

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Operating cash flow$7.0M+196%
CapEx$1.2M-24.7%
Free cash flow$5.8M+166%

Valuation

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Market cap$846.64M+153%
Enterprise value$694.89M+210%
P/E26.4×+7.6×
P/S1.2×+0.7×

Profitability

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Gross margin54.8%+0.8pp
Operating margin5.4%+2.6pp
Net margin4.7%+2.0pp
FCF margin10%

Returns & leverage

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Return on equity6.4%+2.8pp
Debt / equity0.1×0.0×
Current ratio4.6×+0.5×

Where this comes from

Reported directly by Movado Group in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The official record: Movado Group’s 10-Q, filed May 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Movado Group's watch and accessory brands — restructuring charges?
Movado Group (MOV) reported watch and accessory brands — restructuring charges of $500K in Q1 2026.
How has Movado Group's watch and accessory brands — restructuring charges changed year-over-year?
Movado Group's watch and accessory brands — restructuring charges decreased by 16.7% year-over-year, from $600K to $500K.
What does watch and accessory brands — restructuring charges mean?
These are one-time costs associated with significant changes to the segment's organizational structure, such as layoffs, facility closures, or strategic pivots. Monitoring these charges helps investors distinguish between recurring operational performance and non-recurring strategic adjustments.