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Movado Group MOV Operating Lease ROU Assets

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Segments

By geography

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US$50.71M

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$841.08M+145%
Enterprise value$689.33M+175%
P/E26.2×+6.4×
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:OperatingLeaseRightOfUseAsset.

The source filing: Movado Group’s 10-Q, filed May 27, 2026.

Filed
May 27, 2026, 9:42 AM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001193125-26-240712
Line itemApril 30, 2026January 31, 2026April 30, 2025
Income taxes receivable5,6874,1187,395
Total current assets514,229517,235511,007
Property, plant and equipment, net16,40517,10519,949
Operating lease right-of-use assets63,30567,87382,018
Deferred and non-current income taxes46,26545,91744,288
Other intangibles, net3,6644,1625,408
Other non-current assets90,14290,32984,508
Total assets$734,010$742,621$747,178

Item 1. Financial Statements

FAQ

What is Movado Group's operating lease ROU assets?
Movado Group (MOV) reported operating lease ROU assets of $63.31M in Q1 2026.
How has Movado Group's operating lease ROU assets changed year-over-year?
Movado Group's operating lease ROU assets decreased by 22.8% year-over-year, from $82.02M to $63.31M.
What is the long-term trend for Movado Group's operating lease ROU assets?
Over 5 years (2021 to 2026), Movado Group's operating lease ROU assets has grown at a -2.3% compound annual growth rate (CAGR), from $76.07M to $67.87M.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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