Full-Time
Retail Sales Associate Keyholder
Updated on 9/4/2026
Movado Group
1,001-5,000 employees
Designs and distributes watches for brands
Compensation Overview
$17/hr
Allen, TX, USA
In Person
 Retail (1) |
|---|
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- Strong selling skills and experience, preferably in watch, jewelry, fashion, accessories, specialty, or luxury retail.
- A strong commitment to delivering exceptional customer service.
- Excellent interpersonal and communication skills.
- Open availability and flexibility to work according to the needs of the business and ensure store objectives are met.
- Previous management experience is strongly preferred.
- Achieve or exceed personal sales goals established by the Store Manager and develop complete knowledge of the merchandise.
- Provide exceptional customer service.
- Capture all customer relationship management data in accordance with company guidelines.
- Establish rapport with actual or potential customers.
- Merchandise products in accordance with company guidelines.
- Maintain a neat, clean, and professional working environment.
- Monitor and maintain merchandise to ensure product cleanliness, accurate ticketing, and proper display.
- Assist in maintaining merchandise control logs as designated by the Store Manager.
- Follow all security and loss prevention procedures in accordance with corporate policies.
- Service watches, including sizing and battery changes as needed.
- Drive sales, open and close the store, assist staff in reaching and exceeding goals, help sales associates provide customer service to support sales growth, and assist with inventory management and other tasks as needed.
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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Simplify's Take
What believers are saying
- August 26, 2026 Q2 revenue rose 4.9% to $169.8 million, beating estimates.
- Q2 gross margin reached 59.4%; excluding duty refunds, it still hit 57.5%.
- July 16, 2026 credit facility maturity moved to 2031, with $74.7 million available.
What critics are saying
- April 11, 2025 Dubai misconduct restatement still taints controls and can trigger class-action damages.
- Management withdrew annual guidance, exposing investors to tariff, demand, and margin whiplash.
- If the Dubai-restatement scandal spreads, retailers and licensors can abandon Movado's entire portfolio.
What makes Movado Group unique
- Movado's Museum Watch, MoMA-born since 1960, gives the brand permanent design credibility.
- July 1, 2026 Kate Spade license expands Movado's fashion-watch distribution globally.
- Cash-rich, debt-free operations and owned-plus-licensed brands diversify exposure across channels and price points.
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Benefits
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
Company News
Movado Group reported revenue of $169.8 million in Q2 2027, up 4.9% from the prior year. Gross margin improved significantly to 59.4%, or 57.5% excluding duty refunds, representing a 340 basis point increase. Operating income more than doubled to $15.1 million from $7 million in the prior year quarter. Net income rose to $12.5 million, or $0.54 per diluted share, compared to $5.3 million, or $0.23 per diluted share, in Q2 2026. The company maintained a strong balance sheet with $211.6 million in cash and no debt. Inventory decreased 7.1% year-over-year, whilst the company returned over $16 million to shareholders through dividends. Both US and international sales grew 4.9%. Olivia Burton brand sales increased 23% for the quarter. However, sales declined in the Middle East due to geopolitical challenges.
Movado Group (NYSE:MOV) releases earnings results, beats estimates by $0.19 EPS. Movado Group (NYSE:MOV - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.19, FiscalAI reports. Movado Group had a return on equity of 7.13% and a net margin of 4.70%.The firm had revenue of $169.75 million during the quarter, compared to analysts' expectations of $164.20 million. Financial Markets News Here are the key takeaways from Movado Group's conference call: * Second-quarter sales rose 4.9% to $169.8 million, with growth across licensed brands, company stores, and owned brands, while U.S. and international sales each increased 4.9%. * Adjusted operating profit more than doubled to $15.1 million and adjusted EPS increased to $0.54, supported by stronger sales, improved product and channel mix, strategic pricing, and reduced promotions. * Gross margin improved to 57.5% excluding the $3.2 million IEEPA duty refund, but management said part of the benefit came from legacy inventory and is temporary; second-half gross margin is expected at 55%-56%. * Management cited strong momentum among younger consumers returning to traditional watches, with notable growth in Latin America, India, Olivia Burton, and several fashion brands, while Kate Spade watches are scheduled to launch next fiscal year. * Movado discontinued its annual outlook, reducing forward visibility, although it expects mid-single-digit top-line growth for the remainder of the fiscal year; the Middle East and higher shipping costs remain headwinds. Movado Group trading down 1.4%. Shares of MOV stock opened at $34.49 on Thursday. The stock has a 50 day moving average of $37.50 and a 200 day moving average of $31.13. The stock has a market cap of $761.54 million, a P/E ratio of 24.64 and a beta of 0.97. Movado Group has a twelve month low of $16.75 and a twelve month high of $40.50. Stocks & Bonds Movado Group Announces dividend. Discover more The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, September 8th. Movado Group's dividend payout ratio (DPR) is 114.29%. Movado Group news summary. Here are the key news stories impacting Movado Group this week: * Positive Sentiment: Fiscal Q2 earnings were significantly above expectations: adjusted EPS was approximately $0.54 versus the consensus estimate of $0.35-$0.36, while revenue reached $169.8 million, ahead of estimates near $164.2 million. EPS also more than doubled from $0.23 a year earlier. Movado Q2 Earnings and Revenues Beat Estimates * Positive Sentiment: Sales increased 4.9% year over year to $169.8 million, operating income rose to $14.9 million from $4.0 million, and gross margin expanded to 59.4% from 54.1%. The quarter included $3.2 million in IEEPA duty refunds; gross margin was still a solid 57.5% excluding the refunds. Movado Group Announces Second Quarter Fiscal 2027 Results * Positive Sentiment: Movado ended the quarter with $211.6 million in cash and no debt, strengthening its balance sheet. The board also declared a quarterly dividend of $0.40 per share, payable September 22 to shareholders of record September 8, representing an annualized yield of roughly 4.6%. * Neutral Sentiment: Management expects mid-single-digit sales growth and a 55%-56% gross margin during the second half of fiscal 2027, excluding additional duty refunds. These targets indicate continued growth but imply some margin normalization from the reported Q2 level. Movado Expects Mid-Single-Digit Sales Growth and 55%-56% Second-Half Gross Margin * Negative Sentiment: Movado discontinued its annual fiscal 2027 outlook, limiting visibility into full-year revenue, earnings and margin performance. Investors may view the withdrawal as a sign of uncertainty around tariffs, consumer demand or the durability of the quarter's unusually strong results. Wall street analyst weigh in. A number of equities research analysts recently commented on MOV shares. Weiss Ratings reiterated a "hold (c)" rating on shares of Movado Group in a research report on Tuesday. BWS Financial reissued a "buy" rating and set a $45.00 price target on shares of Movado Group in a research report on Monday, July 27th. Zacks Research upgraded shares of Movado Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 29th. Finally, Northland Securities set a $35.00 price objective on shares of Movado Group in a report on Wednesday, May 27th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $40.00. Institutional investors weigh in on Movado Group. Several hedge funds have recently bought and sold shares of the stock. PNC Financial Services Group Inc. increased its holdings in shares of Movado Group by 39.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,598 shares of the company's stock valued at $33,000 after purchasing an additional 449 shares in the last quarter. Comerica Bank boosted its holdings in Movado Group by 99.0% during the third quarter. Comerica Bank now owns 1,785 shares of the company's stock worth $34,000 after buying an additional 888 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its holdings in Movado Group by 70.2% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,756 shares of the company's stock worth $36,000 after buying an additional 724 shares in the last quarter. State of Wyoming acquired a new stake in Movado Group during the second quarter valued at $40,000. Finally, Quantbot Technologies LP acquired a new stake in Movado Group during the second quarter valued at $188,000. Hedge funds and other institutional investors own 72.08% of the company's stock. About Movado Group. Movado Group, Inc is a global designer, manufacturer and distributor of watches and related jewelry products. The company's portfolio encompasses both owned and licensed brands, offering a wide range of timepieces from luxury to accessible price points. Major owned brands include Movado, Concord, and Ebel, alongside newer acquisitions such as MVMT and Olivia Burton. In addition, Movado Group holds licensing agreements to produce watches under fashion names like Hugo Boss, Tommy Hilfiger, Coach, Lacoste and Scuderia Ferrari. Movado Group's product line spans classic dress watches, sport and dive models, fashion-forward designs and limited-edition collections. Further reading. Receive News & Ratings for Movado Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Movado Group and related companies with MarketBeat.com's FREE daily email newsletter.
Movado records strong revenue performance with $169.8M in sales. * Movado Group (NYSE:MOV) reported fiscal Q2 2027 net sales of $169.8 million, up from $161.8 million a year earlier. * The company posted operating income of $14.9 million and diluted EPS of $0.53, compared with $4.0 million and $0.13 respectively in the prior-year quarter. * Movado ended the quarter with $211.6 million in cash and no debt. Movado Group (NYSE:MOV) reported fiscal second-quarter 2027 net sales of $169.8 million, compared with $161.8 million in the same quarter of fiscal 2026, while operating income increased to $14.9 million. The company's gross margin rose to 59.4% from 54.1% a year earlier, or 57.5% excluding $3.2 million in IEEPA duty refunds, while adjusted operating income increased to $15.1 million from $7 million. Movado reported diluted earnings per share of $0.53, compared with $0.13 in the prior-year period, and adjusted diluted earnings per share of $0.54 compared with $0.23, while ending the quarter with $211.6 million in cash and no debt. The company's results covered the second quarter and six-month periods ended July 31, 2026, with improved operating income and profitability compared with the previous fiscal year period. Movado Group designs, sources, and distributes watches and related products through its portfolio of owned and licensed brands, operating across retail, wholesale, and digital channels. Frequently asked questions. MOV signals
Kate Spade New York and Movado Group announce new global watch licensing partnership. Fall 2026 collection to debut signature Kate Spade New York design codes across a new timepiece offering. Kate Spade New York announced a new global licensing partnership with Movado Group, Inc., a leader in watch design, manufacturing and distribution. Movado Group will design, manufacture and distribute Kate Spade New York watches worldwide. The partnership marks an exciting new chapter for the global lifestyle brand's watch category, bringing Kate Spade New York's signature design perspective to a thoughtfully crafted collection of modern timepieces - classics with a twist, balancing craft with a playful spirit through thoughtful function, intentional colour and unexpected details. The new watch collection launches in Spring 2027 and celebrates several of the brand's most recognisable design codes, including the spade heart, scallop-edge detailing, and spade flower motif. Designed to reflect the brand's joyful spirit and feminine aesthetic, the collection features a range of shaped cases. Distinctive details such as crystal markers, mother-of-pearl dials, signature prints, dynamic textures and metallic accents create a versatile assortment that feels both timeless and modern. Strap styles will incorporate Kate Spade leather, further reflecting the brand's heritage and commitment to thoughtful design. The collection will be available globally through select department stores, specialty retailers and digital channels beginning Spring 2027. "We are thrilled to partner with Movado Group as we enter this next chapter for Kate Spade watches," said Charlotte Warshaw, Vice President, Americas Wholesale, Global Licensing & Collaborations, Kate Spade New York. "Movado Group's proven expertise in building successful global watch businesses, combined with its commitment to quality, innovation and brand stewardship, makes them an ideal partner. Together, we look forward to creating collections that celebrate Kate Spade New York's iconic aesthetic and deliver meaningful connections with consumers around the world." "We are honoured to partner with Kate Spade New York and bring the brand's distinctive design language to the watch category," said Allison Robbins, President, Licensed Brands & Commercial, Movado Group. "From its playful sophistication to its instantly recognisable brand codes, Kate Spade offers a unique opportunity to create beautiful timepieces that resonate with consumers globally. We look forward to building a successful long-term partnership and supporting the continued growth of the brand." The partnership reflects both companies' shared commitment to delivering thoughtfully designed products that blend style, quality, and innovation while expanding Kate Spade New York's lifestyle offerings around the world.
Kate Spade New York and Movado Group announce global watch licensing partnership. The new collection, priced from $148 to $298, will launch in Spring 2027 through department stores, specialty retailers and digital channels. 1 minute ago July 21, 2026 NEW YORK - Kate Spade New York and Movado Group, Inc. have announced a global watch licensing partnership, effective July 1, 2026. Movado Group will design, manufacture and distribute Kate Spade New York watches worldwide. The first collection under the partnership launches in Spring 2027 and will retail from $148 to $298. It will be available through select department stores, specialty retailers and digital channels globally. The collection will incorporate Kate Spade New York design elements including the spade heart, scallop-edge detailing and spade flower motif. Design features include shaped cases, crystal markers, mother-of-pearl dials, signature prints and metallic accents. Straps will incorporate Kate Spade leather. Charlotte Warshaw, Vice President of Americas Wholesale, Global Licensing & Collaborations at Kate Spade New York, said: "Movado Group's proven expertise in building successful global watch businesses, combined with its commitment to quality, innovation, and brand stewardship, makes them an ideal partner." Allison Robbins, President of Licensed Brands & Commercial at Movado Group, said: "From its playful sophistication to its instantly recognizable brand codes, Kate Spade offers a unique opportunity to create beautiful timepieces that resonate with consumers globally." Sponsored video. Retirement doesn't have to be a guessing game - Bob Bonaci walked away from 35 years in business with confidence. After 35 years running Bonaci Fine Jewelers in Kent, Washington, Bob Bonaci faced the question every retiring jeweler eventually asks: How do you walk away from a business - and a community - you built from the ground up? For Bonaci, the answer came from his peers. Fellow jewelers who'd already closed their own doors all pointed him toward the same name: Wilkerson. Once he brought the team in, the process took care of itself. Wilkerson managed every detail of the closing, freeing Bonaci to step back while still hitting every financial and personal goal he'd set. "It is phenomenal, the success that we've had," Bonaci said. Watch his story to see how he made his exit on his own terms. You may like. Bulletins. INSTORE helps you become a better jeweler with the biggest daily news headlines and useful tips. (Mailed 5x per week.)