Filing Flows › Movado Group (MOV) › Q2 FY27 › vs Q2 FY26
Movado Group (MOV) Q2 FY27 vs Q2 FY26 (year over year)
Movado Group's revenue rose $7.9M (+5%) from $162M in Q2 FY26 to $170M in Q2 FY27. The biggest changes: Watch and Accessory Brands +$7.2M (+5%); Company Stores +$741K (+3%). Gross margin 59.4% against 54.1% (+5.3 pts).
Movado Group, Q2 FY27: revenue $170M (+5% year over year), operating margin 8.8%, net earnings $12.3M, operating cash flow −$417K. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 59.4% | 54.1% | +5.3 pts |
| Operating margin | 8.8% | 2.5% | +6.3 pts |
| Net margin | 7.2% | 1.8% | +5.4 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Watch and Accessory Brands | $143M | $136M | $7.2M | +5% |
| Company Stores | $26.9M | $26.2M | $741K | +3% |
| Revenue | $170M | $162M | $7.9M | +5% |
| Gross profit | $101M | $87.6M | $13.3M | +15% |
| Cost of revenue | $68.9M | $74.3M | −$5.3M | -7% |
| Other income, net | $1.1M | $1.1M | $55K | +5% |
| Operating profit | $14.9M | $4.0M | $10.9M | +271% |
| Operating expenses | $85.9M | $83.6M | $2.4M | +3% |
| Pre-tax earnings | $16.0M | $5.1M | $10.9M | +214% |
| Net earnings | $12.3M | $3.0M | $9.3M | +312% |
| Minority interests | $191K | $152K | $39K | +26% |
| Income tax | $3.5M | $2.0M | $1.6M | +80% |
| Operating cash sources | $16.4M | $10.2M | $6.2M | +60% |
| Depreciation & amortization | $2.2M | $2.4M | −$149K | -6% |
| Share-based compensation | $1.4M | $1.0M | $396K | +38% |
| Cash used in operations | $417K | $3.8M | −$3.4M | -89% |
| Working capital & other | $16.4M | $10.2M | $6.2M | +60% |
Questions
How much did Movado Group's revenue grow year over year in Q2 FY27?
Movado Group's revenue rose $7.9M (+5%) from $162M in Q2 FY26 to $170M in Q2 FY27.
What drove Movado Group's revenue change in Q2 FY27?
Watch and Accessory Brands +$7.2M (+5%); Company Stores +$741K (+3%).