Luxury watch company Movado (NYSE: MOV) will be announcing earnings results this Wednesday morning. Here’s what investors should know.
Movado beat analysts’ revenue expectations last quarter, reporting revenues of $191.6 million, up 5.6% year on year. It was a mixed quarter for the company, with an impressive beat of analysts’ revenue estimates but a significant miss of analysts’ EBITDA estimates.
Is Movado a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Movado’s revenue to grow 2.5% year on year, a reversal from the 1.9% decrease it recorded in the same quarter last year.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Movado has missed Wall Street’s revenue estimates multiple times over the last two years.
Looking at Movado’s peers in the consumer discretionary - apparel and accessories segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Figs delivered year-on-year revenue growth of 28%, beating analysts’ expectations by 4.7%, and Carter's reported revenues up 8.1%, topping estimates by 3.2%. Figs traded down 24.3% following the results while Carter's was up 7.2%.
Read our full analysis of Figs’s results here and Carter’s results here.
The market narrative shifted from AI-driven sector rotation in late 2025 to geopolitical shock as the US-Iran conflict dominated early 2026. While some of the consumer discretionary - apparel and accessories stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.1% on average over the last month. Movado is up 4.1% during the same time and is heading into earnings with an average analyst price target of $30.75 (compared to the current share price of $28.45).
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