Full-Time
Posted on 5/9/2026
Designs and distributes watches for brands
$15/hr
Williamsburg, VA, USA
In Person
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Movado Group designs and distributes watches for a portfolio of owned and licensed brands. Its products are timepieces created for a range of brands it owns or licenses, with its Museum Watch design (a black dial with a single gold dot at 12) as a hallmark that reflects its design language. The company operates by designing watches and selling them through its brand network and distribution channels, including licensing agreements that extend its reach. Movado’s differentiation comes from its long heritage dating to 1881, the iconic Museum Watch design recognized for its minimalist dial and the MoMA permanent collection, and its strategy of managing a diverse mix of owned and licensed brands rather than relying on a single line. Its goal is to grow a global watch company by leveraging this iconic design heritage and a diversified brand portfolio to reach customers worldwide with high-quality timepieces.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Paramus, New Jersey
Founded
1881
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
401(k) Retirement Plan
401(k) Company Match
Employee Discounts
Pet Insurance
Flexible Spending Account
Wellness Program
Employee Assistance Program
Critical Illness Insurance
Legal Plan
Short-Term Disability
Long-Term Disability
Watch Accommodations/Discounts
Movado reported fourth-quarter revenues of $191.6 million, up 5.6% year on year and exceeding analysts' expectations by 5.3%. The watchmaking company's strong quarter helped it achieve full-year sales growth of 2.7%, with accelerating momentum throughout the fiscal year. However, results were mixed, as Movado beat revenue estimates but significantly missed analysts' EBITDA projections. The company also generated strong positive cash flow and delivered a significant increase in profitability. Across the consumer discretionary apparel and accessories sector, 15 tracked stocks reported strong fourth quarters overall, with revenues beating consensus estimates by 4.1% on average. Share prices have risen 6% on average since latest earnings results, though next quarter's revenue guidance came in 1.1% below expectations.
Movado reported fourth-quarter revenue of $191.6 million, beating analyst estimates of $182 million with 5.6% year-on-year growth. Adjusted EPS of $0.57 also exceeded expectations, though adjusted EBITDA of $8.9 million missed estimates by 47.3%. CEO Efraim Grinberg attributed the outperformance to strong US demand, particularly from younger consumers and women, alongside successful omnichannel execution. Movado.com grew 18% in the quarter, driven by higher consumer engagement and rising average selling prices. Key analyst questions focused on the drivers behind US sales growth, which Grinberg said was primarily volume-driven rather than price-led. CFO Sallie DeMarsilis noted tariffs impacted gross margins by approximately 150 basis points for the year. Management also addressed share buyback criteria and confirmed recent wholesale momentum reflected genuine consumer demand rather than inventory restocking.
Movado shares rose 5.3% after the luxury watch company reported fourth-quarter 2025 results that exceeded Wall Street expectations. Revenue grew 9.7% year-over-year to $191.6 million, beating analyst estimates, whilst adjusted earnings per share came in at $0.57, also ahead of consensus forecasts. The company's operating margin expanded to 7.2% from 2.8% in the prior-year period, demonstrating improved efficiency. Movado also maintained a strong balance sheet with over $150 million in net cash. The stock is up 16.8% year-to-date and trades near its 52-week high of $25.81. The market reacted positively to the better-than-expected performance across both revenue and profitability metrics.
Movado Group reported a return to growth in fiscal 2026, with revenue increasing 2.7% to $671.3 million and adjusted operating income rising 28.7% to $34.8 million. CEO Efraim Grinberg said results exceeded expectations following a challenging prior year. Fourth-quarter sales rose 5.6% year-over-year to $191.6 million, led by US wholesale and retail businesses. Adjusted operating income increased 6.2% to $14.4 million. US net sales grew 11.2%, whilst international sales rose 1% as reported but declined 5.9% in constant currency. Gross margin held steady at 54.1% despite increased US tariffs, which the company absorbed through favourable channel mix and lower fixed costs. Net income reached $13 million, or $0.57 per diluted share, versus $11.5 million a year earlier.
Movado Group reported 2.7% revenue growth in fiscal 2026, with fourth-quarter sales rising 5.6%, driven by US wholesale and retail channels. The Movado brand saw wholesale sales increase 25% and e-commerce grow 18%, attributed to brand refresh initiatives and jewellery-inspired designs attracting female consumers. Operating income grew 28.7% for the full year through disciplined cost management, though US tariffs imposed a 150 basis point drag on gross margin, totaling approximately $10 million. The company ended the year with $230.5 million in cash and zero debt. Management declined to provide fiscal 2027 guidance, citing geopolitical risks and tariff volatility. Strategic priorities include expanding higher-margin products and celebrating Movado's 145th anniversary whilst launching new watch and jewellery lines.