Movado Group Inc. · NYSE:MOV
Movado — Investor Presentation (January 2026)
25 slides from Movado's investor presentation, January 2026
Slide 1: Company Overview January 2026
COMPANY OVERVIEW JANUARY 2026
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward- looking statements using words such as “expects,” “anticipates,” “belie
Slide 3: About Movado Group
ABOUT MOVADO GROUP • Strongly positioned in the global watch and jewelry market • Powerful portfolio of global world class brands • Vast worldwide infrastructure built for scale and efficiency – systems, talent & processes • Successful track record of driving change • Strong balance sheet and cash p
Slide 4: About Movado Group
ABOUT MOVADO GROUP ~1,500 10 Global Employees Renowned Brands 15 2 Countries with Corporate Offices Key Product Categories 57 $653m Movado Company Stores Turnover in FY25 4
Slide 5: Financial Highlights
FINANCIAL HIGHLIGHTS Asset light model delivers ample cash flow to invest in the business and support quarterly dividend payment of $0.35 per share and share repurchase activity. Company maintains no debt. FY ‘25 GROSS FY ‘25 OPERATING FY ‘25 REVENUE PROFIT MARGIN INCOME MARGIN $653.4m 54.0% 3.1% 5
Slide 6: Financial Highlights – 3rd quarter of fiscal 2026
FINANCIAL HIGHLIGHTS – 3rd quarter of fiscal 2026 Net sales of $186.1 million, an increase of 3.1% from $180.5 million in the third quarter of fiscal 2025; Gross margin of 54.3%, an expansion of 80 basis points compared to 53.5% in the third quarter of fiscal 2025; Adjusted operating income of $12.6
Slide 7: Why We Succeed
WHY WE SUCCEED • Iconic and innovative designs drives growing interest in watches & jewelry • Strong corporate culture with engaged and experienced workforce • Driving growth by: • Engaging with consumers in new ways, leveraging technology • Maximizing both online and in-store consumer experience •
Slide 8: Diverse Brand Portfolio
DIVERSE BRAND PORTFOLIO PRESENCE IN ALL MARKET SEGMENTS Percent of Total MOV Revenue (FY ’25) 28% OWNED BRANDS 15% COMPANY STORES 56% 1% LICENSED BRANDS OTHER* * Includes after-sales service and all other. 8
Slide 9: Broad Geographic Reach
BROAD GEOGRAPHIC REACH PRESENCE IN ALL REGIONS (FY ‘25) 31% EUROPE 43% US 9% ASIA 7% 10% MIDDLE EAST AMERICAS (excl. US) 9
Slide 10: Our Strategy
DELIVER 4 Drive Change Tell a for Profitable Growth Consistent Story OUR STRATEGY Prioritize Innovate and and Execute Differentiate 10
Slide 11: Our Strategic Imperatives
OUR STRATEGIC IMPERATIVES 1. Deepen Consumer & Partner 2. Visionary Products & 3. Margin expansion & Connections Experiences Sustainable Profitability • Enhance understanding of consumer • Build enduring icons and heroes • Capture incremental value needs and market trends • Craft compelling brand st
Slide 12: Movado brand highlights
• Unique brand and design point-of-difference that transcends time and trends • Rich history in Swiss watchmaking spanning 145years – Swiss Made since 1881 • Innovation continues to be a focus with a strong new product pipeline • New brand world and ambassador campaign that elevates and drives cultu
Slide 13: Movado
13 MOVADO MOVADO GROUP
Slide 14: Coach
14 COACH MOVADO GROUP
Slide 15: Boss
MOVADO GROUP
Slide 16: Tommy Hilfiger
16 TOMMY HILFIGER MOVADO GROUP
Slide 17: Lacoste
LACOSTE 17
Slide 18: Calvin Klein
CALVIN KLEIN 18
Slide 19: Outlet Company Stores Strategy
OUTLET COMPANY STORES STRATEGY • Currently 57 stores, predominately outdoor locations in “A” centers • Drive profitability and operational efficiency • In the third quarter of Fiscal 2026, overall sales in Movado Company Stores grew 9.4% on a comparable- store basis, with Movado-brand sales up 17.7%
Slide 20: Why Movado Group
WHY MOVADO GROUP • Strongly positioned in the global watch and accessory category • Portfolio includes many of the world’s most sought-after brands • World class global infrastructure – systems, talent & processes • Focus on sustainable profitable growth • Strong balance sheet and cash position 20
Slide 21: Appendix
APPENDIX • Fiscal 2026 and Fiscal 2025 Financial Highlights • Reconciliations of Non-GAAP Measures In this presentation, the Company presents certain financial measures that are not calculated according to generally accepted accounting principles in the United States (“GAAP”). Specifically, the Comp
Slide 22: FY 2026 3 Months Ended October 2025 Financial Results
FY 2026 3 MONTHS ENDED OCTOBER 2025 FINANCIAL RESULTS • Net sales increased 3.1% versus last year, increased 1.2% on constant currency • U.S. sales increased 6.9% versus last year • International sales increased 0.6% versus last year, decreased 2.5% on constant currency • GM 54.3% versus 53.5% last
Slide 23: FY 2026 9 Months Ended October 2025 Financial Results
FY 2026 9 MONTHS ENDED OCTOBER 2025 FINANCIAL RESULTS • Net sales increased 1.7% versus last year, 0.6% on constant currency • U.S. sales increased 1.5% versus last year • International sales increased 1.8% versus last year, 0.05% on constant currency • GM 54.2% versus 54.0% last year • Operating in
Slide 24: FY 2026 Balance Sheet Highlights
FY 2026 BALANCE SHEET HIGHLIGHTS OCTOBER 31, 2025 vs. OCTOBER 31, 2024 • Cash - $183.9m vs. $181.5m • Debt - $0 • AR - $118.3m vs. $113.9m • Inventory - $196.9 vs. $176.1m 24
Slide 25: GAAP and Non-GAAP Measures
MOVADO GROUP, INC. GAAP AND NON-GAAP MEASURES (In thousands, except per share data) (Unaudited) Net Income Total Operating Operating Provision/(Benefit) Attributable to Net Sales Gross Profit Expenses Income Pre-tax Income for Income Taxes Movado Group, Inc. Diluted EPS Three Months Ended October 31