Filing Flows › Movado Group (MOV) › Q1 FY27 › vs Q1 FY26
Movado Group (MOV) Q1 FY27 vs Q1 FY26 (year over year)
Movado Group's revenue rose $10.6M (+8%) from $132M in Q1 FY26 to $142M in Q1 FY27. The biggest changes: Watch and Accessory Brands +$8.9M (+8%); Company Stores +$1.7M (+10%). Gross margin 57.3% against 54.1% (+3.1 pts).
Movado Group, Q1 FY27: revenue $142M (+8% year over year), operating margin 4.9%, net earnings $6.9M, operating cash flow $7.0M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 57.3% | 54.1% | +3.1 pts |
| Operating margin | 4.9% | 0.2% | +4.7 pts |
| Net margin | 4.9% | 1.1% | +3.8 pts |
| Free cash flow margin | 4.1% | -6.6% | +10.7 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Watch and Accessory Brands | $124M | $115M | $8.9M | +8% |
| Company Stores | $18.7M | $17.0M | $1.7M | +10% |
| Revenue | $142M | $132M | $10.6M | +8% |
| Gross profit | $81.6M | $71.3M | $10.2M | +14% |
| Cost of revenue | $60.8M | $60.4M | $390K | +0.6% |
| Other income, net | $1.9M | $1.6M | $210K | +13% |
| Operating profit | $7.0M | $291K | $6.7M | 24× |
| Operating expenses | $74.6M | $71.1M | $3.5M | +5% |
| Pre-tax earnings | $8.9M | $1.9M | $6.9M | +357% |
| Loss borne by minority interests | $4K | $140K | −$136K | -97% |
| Net earnings | $6.9M | $1.4M | $5.5M | +388% |
| Income tax | $1.9M | $660K | $1.3M | +195% |
| Depreciation & amortization | $2.3M | $2.3M | $32K | +1% |
| Share-based compensation | $1.1M | $1.2M | −$114K | -10% |
| Working capital & other | $3.4M | $12.1M | −$8.7M | -72% |
| Operating cash flow | $7.0M | −$7.2M | $14.2M | — |
| Free cash flow (OCF − capex) | $5.8M | −$8.7M | $14.5M | — |
| Capital expenditures | $1.2M | $1.5M | −$379K | -25% |
Questions
How much did Movado Group's revenue grow year over year in Q1 FY27?
Movado Group's revenue rose $10.6M (+8%) from $132M in Q1 FY26 to $142M in Q1 FY27.
What drove Movado Group's revenue change in Q1 FY27?
Watch and Accessory Brands +$8.9M (+8%); Company Stores +$1.7M (+10%).