Filing Flows › Movado Group (MOV) › Q2 FY27
Movado Group (MOV) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Aug 26, 2026
Movado Group (MOV) reported revenue of $170M for the second quarter fiscal 2027 (Q2 FY27), +5% from a year earlier and +19% from the quarter before. Operating margin was 8.8%, net earnings $12.3M (7.2% of revenue).
Movado Group, Q2 FY27: revenue $170M (+5% year over year), operating margin 8.8%, net earnings $12.3M, operating cash flow −$417K. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $170M | +19% | +5% |
| Gross profit | $101M | +24% | +15% |
| Operating profit | $14.9M | +112% | +271% |
| Net earnings | $12.3M | +77% | +312% |
| Operating cash flow | −$417K | -106% | — |
What changed
Revenue was $169.8M in Q2 FY27, up 5% year over year and up 19% from the previous quarter. Watch and Accessory Brands was the largest line at 84% of revenue. Watch and Accessory Brands added $7.2M year over year (up 5%), 91% of the total change.
Gross margin was 59.4%, up 5.3 points from Q2 FY26. Operating profit was $14.9M, a 8.8% margin (up 6.3 points year over year). Of the extra revenue versus Q2 FY26, 137% reached operating profit, above the 2% margin then. Operating expenses grew 3% against revenue growth of 5%. Net earnings were $12.3M, up 312% year over year. The effective tax rate was 22.1%.
Operating cash flow was −$417K. Non-cash charges added back $2.2M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items used $16.6M. Capital expenditures of $1.2M exceeded it, leaving free cash flow of −$1.6M.
Questions
What was Movado Group's revenue in the second quarter fiscal 2027?
Movado Group (MOV) reported revenue of $170M for the second quarter fiscal 2027 (Q2 FY27), +5% from a year earlier and +19% from the quarter before.
Was Movado Group profitable in the second quarter fiscal 2027?
Operating profit was $14.9M (8.8% of revenue) and net earnings $12.3M.
Source: Movado Group 10-Q on SEC EDGAR.