MOV

PARAMUS, N.J.--(BUSINESS WIRE)--Movado 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 su.

OPHC, NMR, KALU, MOV and ECO have been added to the Zacks Rank #1 (Strong Buy) List on September 22nd, 2026.

ECO, MOV, KALU made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 22nd, 2026.

MOV, MAX, MTG, ASMB and MSGM have been added to the Zacks Rank #1 (Strong Buy) List on September 17th, 2026.

CURI, MOV, CRCT made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 17th, 2026.

The company has spent the past year transforming from a tariff-battered lesson into a compelling turnaround story. It is riding two consecutive quarters of earnings beats, a debt-free balance sheet, a freshly raised dividend, and a shift in how younger consumers view traditional watches.

Movado (MOV) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Movado (MOV) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

SBLK, MOV and BP made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 9, 2026.

Movado Group, Inc. (MOV) Q2 2027 Earnings Call Transcript