MOV dividend history
Movado Group Inc. (MOV) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- Movado Group, Inc. Enters Into Agreement to Sell Majority Interest in EBELMovado Group, Inc. (NYSE:MOV) today announced that it has entered into a binding agreement to sell a 95% interest in its EBEL brand for $66.5 million to a strategic buyer group led by Montres Journe SA ("Montres Journe"), a Geneva-based luxury watch manufacturer, with the participation of Chanel ("Chanel"), the luxury house, and Pierre Jacques, a renowned figure in the Swiss watch industry, who will serve as Chief Executive Officer of EBEL. The transaction is subject to customary adjustments and closing conditions with Movado Group retaining a 5% interest in the business. Founded in Switzerland in 1911, EBEL is a premium luxury watch brand known for its distinctive design, craftsmanship a
- Movado Group, Inc. Announces First Quarter Fiscal 2022 Results~ Net Sales of $134.8 million Increases 93.5% From the Prior Year Quarter ~ ~ U.S. Net Sales Exceed Pre-pandemic Level for 1st Quarter by 10.8% ~ ~ Delivers Record 1st Quarter Operating Income ~ ~ Company Provides Fiscal Year Outlook ~ ~ Board Declares Quarterly Dividend ~ Movado Group, Inc. (NYSE:MOV) today announced first quarter results for the period ended April 30, 2021. Fiscal 2022 First Quarter Highlights (see table below for GAAP and Non-GAAP measures) Delivered topline growth with an increase of 93.5% over first quarter fiscal 2021. Total net sales decreased 8.0% as compared to pre-pandemic first quarter fiscal 2020 with a 10.8% increase in U.S. net sales offset by a 20.8%
- Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2021 ResultsPARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced fourth quarter and fiscal year 2021 results for the periods ended January 31, 2021. Efraim Grinberg, Chairman and Chief Executive Officer, stated, “Amid a challenging global operating environment, we are pleased to deliver strong fourth quarter results across key financial metrics and significant progress on our strategy during the year. Our adjusted fourth quarter performance included a sequential improvement in sales, a 220 basis point expansion in gross profit margin and an $18.1 million decline in operating expenses. Combined this drove operating income to $23.9 million, representing a $15.6 million