Movado Group Not Providing FY27 Outlook; Declares Dividend - Update

While reporting financial results for the fourth quarter on Thursday, luxury watch maker Movado Group, Inc. (MOV) said it is not providing financial guidance for the full-year 2027 at this time, given the current economic and geopolitical uncertainty, including the unpredictable impact of the current Middle East conflict and ongoing tariff developments.The Company also announced that the Board of Directors declared the payment on April 16, 2026, of a cash dividend in the amount of $0.35 for each share of t ...