Movado Group reports strong sales and profit growth in second quarter

Watchmaker Movado Group has announced its financial results for the second quarter and first six months of fiscal 2027 ended July 31, 2026, delivering top- and bottom-line growth alongside expanded margins. Net sales for the second quarter grew 4.9 percent to 169.8 million dollars compared to 161.8 million dollars in the second quarter of fiscal 2026. On a constant-dollar basis, sales increased 4.4 percent. The growth reflected broad-based gains across owned and licensed brands, direct and wholesale channels, and key geographies.