Movado Group Shares Soar 3.57% Ahead of Q1 Earnings

Movado Group (MOV) shares surged 3.57% today, reaching their highest level since March 2025 with an intraday gain of 4.05%.

The strategy of buying MOV shares after they reach a recent high and holding for one week resulted in poor performance over the past five years. The strategy yielded a return of -29.93%, significantly underperforming the benchmark return of 49.45%. The excess return was -79.37%, and the CAGR was -13.90%, indicating substantial losses. The strategy also had a high maximum drawdown of -42.97% and a Sharpe ratio of -0.42, suggesting significant risk and negative returns.

Movado Group is set to release its Q1 2026 earnings results on May 29th, 2025. This announcement is expected to significantly influence the company's stock price. Investors are closely watching for any indications of financial performance and strategic direction that could impact their investment decisions.

Additionally, Movado Group is anticipated to report an increase in quarterly revenue for the period ending April 30, 2025. This potential revenue growth could positively affect investor sentiment and drive stock movement. The company's ability to maintain or exceed revenue expectations will be a key factor in determining its future stock performance.