Movado Group's 15min chart shows KDJ Death Cross, bearish Marubozu pattern.

Movado Group's 15-minute chart has exhibited a KDJ Death Cross and a Bearish Marubozu at 06/11/2025 14:00. This suggests a shift in momentum towards a downward trend, with potential for further price decline, as sellers dominate the market and bearish momentum is likely to persist.

Title: Movado Group Faces Earnings Miss and Stock Declines Amid Economic Uncertainty

Movado Group Inc. (MOV) reported its financial results for the first quarter of fiscal year 2026, revealing a significant earnings miss that led to a notable decline in its stock price. The company posted an earnings per share (EPS) of $0.08, falling short of the forecasted $0.38. Revenue also missed expectations, coming in at $131.8 million compared to the projected $141.92 million. Following the announcement, Movado’s stock price fell by 5.83% in pre-market trading, closing at $17.42 [1].

Key Takeaways
Movado’s Q1 FY2026 EPS of $0.08 missed the forecast of $0.38. Revenue declined to $131.8 million, below the anticipated $141.92 million. The stock price dropped by 5.83% after the earnings announcement. The company is focusing on innovation and targeting younger consumers [1].

Company Performance
Movado’s performance this quarter was marked by a decline in both earnings and revenue compared to expectations. The company’s sales decreased by 1.9% year-over-year, and its adjusted operating income dropped to $870,000 from $2.1 million in the previous year. Despite these challenges, Movado continues to innovate with new product launches and is targeting younger demographics through strategic brand partnerships and social media engagement [1].

Financial Highlights
Revenue: $131.8 million, down 1.9% year-over-year
Earnings per share: $0.08, down from $0.09 last year
Gross profit margin: 54.1%
Cash position: $203.1 million
Dividend: $0.35 per share
Earnings vs. Forecast
Movado’s actual EPS of $0.08 was significantly below the forecasted $0.38, representing a miss of approximately 78.9%. Revenue also fell short of expectations by about 7.2% [1].

Market Reaction
Following the earnings release, Movado’s stock experienced a 5.83% decline in pre-market trading, reflecting investor disappointment in the company’s performance. The stock’s current price of $17.42 is closer to its 52-week low of $12.85, indicating a challenging period for the company amidst broader market uncertainties [1].

Outlook & Guidance
Movado refrained from providing a specific fiscal year outlook due to ongoing economic uncertainties. The company emphasized its focus on managing controllable factors, operating with flexibility, and delivering value through innovative products. Future revenue and EPS projections for FY2026 and FY2027 indicate potential growth, with analysts maintaining a moderate buy consensus and a target price suggesting significant upside potential [1].

Risks and Challenges
Economic Uncertainty: Continued economic volatility could impact consumer spending and sales.
Discretionary Spending: Challenges in consumer discretionary purchases may affect revenue.
Tariff Changes: Potential changes in tariffs could influence costs and pricing strategies.
Competition: Intense competition in the luxury watch market may pressure margins.
Currency Fluctuations: Foreign exchange losses could affect profitability [1].

References
[1] https://uk.investing.com/news/transcripts/earnings-call-transcript-movados-q1-fy2026-results-miss-expectations-stock-drops-93CH-4110130