Movado Group Inc (MOVAA) company profile
Close on Oct 19, 2026Market cap $696.37MP/E 17.3Yield 4.49%
About Movado
Watches, Clocks, Clockwork Operated Devices/Parts, SIC 3873
Movado Group, Inc. designs, sources, markets, and distributes watches, jewelry, and fashion accessories across international markets. The company operates through two main business segments: Watch and Accessory Brands and Company Stores. Its product catalog features proprietary brands, including Movado, Concord, EBEL, Olivia Burton, and MVMT, alongside licensed labels such as Coach, Tommy Hilfiger, Hugo Boss, Lacoste, and Calvin Klein. The company serves retail consumers directly through e-commerce channels and outlet locations, while also supplying department store chains, specialized jewelry stores, independent jewelers, and third-party digital marketplaces.
The enterprise maintains a direct presence across North America, Europe, the Middle East, and the Asia-Pacific region, operating sales and distribution facilities in fourteen countries. In addition to an international network of independent distributors, the company runs 53 retail outlets throughout the United States and four outlet stores across Canada. The corporate headquarters is not stated in the provided text.
Summary of the business section of Movado's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Movado Group Inc
- Founded
- 1967
- Headquarters
- Paramus, NJ
- Address
- 650 From Road, Suite 375 07652
- Phone
- (201) 267-8000
- Website
- movadogroup.com
- Employees
- 1,145, Jan 31, 2020
- Industry
- Watches, Clocks, Clockwork Operated Devices/Parts
- Incorporated in
- New York
- Fiscal year ends
- January 31
- Auditor
- PricewaterhouseCoopers LLP, New York, New York
Stock & identifiers
- Ticker
- MOVAA
- Other tickers
- MOV
- Exchange
- OTC
- IPO date
- Sep 30, 1993
- Shares outstanding
- 22M, Aug 21, 2026
- Public float
- $237.00M, Jul 31, 2025
- Filer category
- Accelerated filer
- Stock splits
- 2-for-1, Jun 28, 2004; 3-for-2, Sep 30, 1997; 5-for-4, May 2, 1997
- SEC CIK
- 72573
- CUSIP
- 624580106
- ISIN
- US6245801062
- FIGI
- BBG000BJHJ32
- Share class FIGI
- BBG001S7M5Y8
- LEI
- 549300WCGCGPWGHVXM59
- EIN
- 13-2595932
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Efraim Grinberg | Chairman - CEO, Director | 471,510 |
| Mitchell Cole Sussis | Senior VP and General Counsel | 47,765 |
| Michelle Kennedy | SVP, Human Resources | 35,928 |
| Linda Feeney | SVP, Principal Acct. Officer | 5,240 |
| Behzad Soltani | EVP & COO | 81,042 |
| Sallie A. Demarsilis | Chief Financial Officer | 139,956 |
| Alexander Grinberg | Director | 30,492 |
| Maya Peterson | Director | 26,877 |
| Peter A. Bridgman | Director | 62,455 |
| Richard D. Isserman | Director | 34,683 |
| Alan H. Howard | Director | 86,854 |
| Ann Kirschner | Director | 32,488 |
| Stephen I. Sadove | Director | 47,306 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2026 | $5.23M | $7.27M | $1.31M | $149 | $135 |
| FY2025 | $5.18M | $2.57M | $987.24K | $115 | $116 |
| FY2024 | $5.09M | $2.57M | $1.04M | $156 | $98 |
| FY2023 | $5.06M | $4.26M | $1.16M | $183 | $95 |
| FY2022 | $7.21M | $11.63M | $1.26M | $184 | $99 |
| FY2021 | $3.56M | $3.78M | $1.00M | $121 | $130 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2026
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Efraim Grinberg Chair and Chief Executive Officer | $1.30M | $1.76M | $1.95M | $223.26K | $5.23M | +1% |
| Sallie A. DeMarsilis EVP, Chief Financial Officer | $672.75K | $454.11K | $504.56K | $104.48K | $1.74M | +33% |
| Behzad Soltani EVP, Chief Operating Officer | $621.00K | $419.18K | $465.75K | $49.26K | $1.56M | +35% |
| Mitchell C. Sussis SVP, General Counsel and Secretary | $473.42K | $213.78K | $237.53K | $35.56K | $960.28K | +28% |
| Michelle Kennedy SVP, Chief Human Resources Officer | $473.42K | $213.78K | $237.53K | $65.96K | $990.68K | +34% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of January 31, 2020, the Company had approximately 1,145 full-time employees in its global operations.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 2, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jul 7, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 16, 2001 | Listing | Registration of securities on an exchange (Form 8-A) |