Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. The company operates in two segments, Watch and Accessory Brands, and Company Stores. It offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands, such as Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, Calvin Klein, and Scuderia Ferrari. The company also provides after-sales and shipping services. Its customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. The company also sells directly to consumers through its e-commerce platforms. As of January 31, 2022, it operated 51 retail outlet locations. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey.
Revenue of Movado Group, Inc. (MOV)
Revenue in 2024 (TTM): $672.6 M
According to Movado Group, Inc.'s latest financial reports the company's current revenue (TTM) is $672.6 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Movado Group, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2024 | $672.6 M | $370.39 M | $70.34 M | $60.2 M | $46.71 M |
| 2023 | $751.9 M | $433.9 M | $133.23 M | $121.91 M | $94.53 M |
| 2022 | $732.39 M | $419.07 M | $130.48 M | $117.33 M | $91.6 M |
| 2021 | $506.4 M | $270.5 M | $-126,311,000 | $-142,382,000 | $-111,194,000 |
| 2020 | $700.97 M | $374.89 M | $74.81 M | $57.5 M | $42.7 M |
| 2019 | $679.57 M | $369.36 M | $76.67 M | $61.73 M | $61.62 M |
| 2018 | $567.95 M | $298.08 M | $57.11 M | $42.14 M | $-15,225,000 |
| 2017 | $552.75 M | $294.82 M | $64.43 M | $51.45 M | $35.06 M |
| 2016 | $594.92 M | $316.93 M | $83.39 M | $69.13 M | $45.09 M |
| 2015 | $586.98 M | $309.98 M | $84.12 M | $71.16 M | $51.78 M |
| 2014 | $570.26 M | $305.26 M | $81.59 M | $68.92 M | $50.88 M |
| 2013 | $505.48 M | $277.88 M | $60.1 M | $49.06 M | $57.08 M |
| 2012 | $468.12 M | $256.35 M | $44.64 M | $33.23 M | $32 M |
| 2011 | $382.19 M | $185.24 M | $4.16 M | $-11,788,000 | $-44,920,000 |
| 2010 | $378.4 M | $184.54 M | $-19,117,000 | $-40,848,000 | $-54,625,000 |
| 2009 | $460.86 M | $287.63 M | $22.26 M | $3.29 M | $2.32 M |
| 2008 | $559.55 M | $336.68 M | $67.46 M | $51.97 M | $60.81 M |
| 2007 | $532.87 M | $322.94 M | $52.32 M | $53.16 M | $50.14 M |
| 2006 | $470.94 M | $286.32 M | $64.82 M | $44.94 M | $26.62 M |
| 2005 | $418.97 M | $250.15 M | $47.68 M | $33.09 M | $26.31 M |
| 2004 | $330.21 M | $200.31 M | $44.75 M | $31.74 M | $22.85 M |
| 2003 | $300.08 M | $184.17 M | $326.13 M | $27.86 M | $20.06 M |
| 2002 | $299.73 M | $184.07 M | $33.82 M | $20.86 M | $17.01 M |
| 2001 | $320.84 M | $203.79 M | $40.47 M | $27.69 M | $20.77 M |
| 2000 | $295.07 M | $173.59 M | $20.96 M | $15.15 M | $13.72 M |
| 1999 | $277.8 M | $171.4 M | $38 M | $27.3 M | $21 M |
| 1998 | $237 M | $143.6 M | $30 M | $20.5 M | $15.8 M |
| 1997 | $215.1 M | $124 M | $24.3 M | $15.6 M | $11.7 M |
| 1996 | $185.9 M | $105.3 M | $21 M | $13.6 M | $9.7 M |
| 1995 | $160.9 M | $88.1 M | $18.9 M | $11.4 M | $13.9 M |
| 1994 | $142.2 M | $73.6 M | $16.6 M | $6.7 M | $3.6 M |
| 1993 | $134.2 M | $68.1 M | $14.8 M | $3.5 M | $3.3 M |