| Address:
|
650 FROM ROAD
SUITE 375 |
| City: |
PARAMUS |
|
State: |
NJ |
|
Zip Code: |
07652 |
| Telephone: |
201-267-8000 |
|
Description of Business
|
Primary SIC Code:
3873 |
| (As filed with the SEC)
|
|
|
In this Form 10-K, all references to the "Company" or "Movado Group" include
Movado Group, Inc. and its subsidiaries, unless the context requires otherwise.
Movado Group, Inc. designs, sources, markets and distributes fine watches. Its
portfolio of brands is comprised of Movado®, Ebel®, Concord®, ESQ® by Movado,
Coach® Watches, HUGO BOSS® Watches, Juicy Couture® Watches, Tommy Hilfiger®
Watches and Lacoste® Watches. The Company is a leader in the design,
development, marketing and distribution of watch brands sold in almost every
major category comprising the watch industry.
The Company was incorporated in New York in 1967 under the name North American
Watch Corporation to acquire Piaget Watch Corporation and Corum Watch
Corporation, which had been, respectively, the exclusive importers and
distributors of Piaget and Corum watches in the United States since the 1950's. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 10/2011 | -0.31 | 0.030 | N/E | | 07/2011 | -0.30 | 0.030 | N/E | | 04/2011 | -0.58 | 0.030 | N/E | | 01/2011 | -0.86 | NA | N/E | | 10/2010 | -0.82 | NA | N/E | | 07/2010 | -2.28 | NA | N/E | | 04/2010 | -2.25 | NA | N/E | | 01/2010 | -2.23 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
01/31 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | -1.17 | Total Liab/Total Assets | 0.20 | | Net Inc/Total Assets | -0.10 | Total Liab/Inv Cap | 0.24 | | Net Inc/Inv Cap | -0.12 | Total Liab/Comm Equity | 2.33 | | Pretax Inc/Net Sales | -0.03 | Interest Coverage Ratio | -4.25 | | Net Inc/Net Sales | -0.12 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.11 | LTD/Equity | NA | | SG&A/NetSales | 0.51 | Total Debt/Equity | NA |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 5.99 | Quick Ratio | 3.09 | | Inventory Turnover | 1.03 | Current Ratio | 5.96 | | Inventory Day Sales | 0.00 | Net Rec/Curr Assets | 0.16 | | Net Sales/Work Cap | 1.23 | Inv/Curr Assets | 0.48 | | Net Sales/PP&E | 9.92 | | |
Income Statement (Millions) |
| |
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Total Revenues(Net Sales)
|
142.62
|
113.23
|
89.85
|
101.00
|
|
Cost of Goods Sold
|
61.59
|
52.29
|
41.23
|
67.56
|
|
Selling & Admin Exps
|
61.91
|
55.93
|
47.04
|
54.45
|
|
Operating Income
|
19.13
|
5.01
|
1.58
|
-21.01
|
|
Interest Exp
|
0.29
|
0.32
|
0.38
|
0.44
|
|
Pretax Income
|
18.86
|
5.46
|
1.23
|
-21.36
|
|
Other Income
|
0.02
|
0.76
|
0.03
|
0.09
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
16.40
|
4.41
|
0.49
|
-28.76
|
|
Assets
|
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Cash & Short Term Investments
|
138.03
|
128.78
|
109.26
|
103.02
|
|
Receivables - Total
|
94.31
|
69.67
|
60.61
|
59.77
|
|
Inventories - Total
|
176.09
|
196.61
|
185.89
|
179.52
|
|
Total Current Assets
|
433.84
|
427.53
|
390.97
|
372.90
|
|
Net Property, Plant & Equipment
|
35.59
|
37.31
|
37.64
|
38.53
|
|
Total Assets
|
498.97
|
495.97
|
460.02
|
442.11
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
80.77
|
66.37
|
60.31
|
62.55
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
80.77
|
66.37
|
60.31
|
62.55
|
|
Long-Term Debt
|
NA
|
0.00
|
0.00
|
0.00
|
|
Total Liabilities
|
107.90
|
94.36
|
88.56
|
89.66
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
2.77
|
2.46
|
2.46
|
2.28
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
0.33
|
0.33
|
0.33
|
0.33
|
|
Retained Earnings
|
241.75
|
226.09
|
222.43
|
220.94
|
|
Treasury Stock
|
-111.54
|
-111.54
|
-111.50
|
-111.33
|
|
Total Stockholders' Equity
|
391.08
|
401.61
|
371.46
|
352.45
|
|
Total Liabilities and Stockholders' Equity
|
498.97
|
495.97
|
460.02
|
442.11
|
Cash Flow Summary (Millions) |
|
Categories
|
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Net Cash Provided by Operating Activities
|
20.38
|
8.77
|
3.59
|
35.44
|
|
Net Cash Provided by Investing Activities
|
-1.44
|
-0.46
|
-1.65
|
-2.47
|
|
Net Cash Provided by Financing Activities
|
-0.36
|
-0.61
|
-0.82
|
-0.07
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 01/2007 | 532.86 | 50.14 | 1.87 | | 01/2008 | 559.55 | 60.80 | 2.23 | | 01/2009 | 425.90 | 2.32 | 0.09 | | 01/2010 | 349.70 | -54.62 | -2.23 | | 01/2011 | 382.19 | -44.92 | -0.86 | | Growth Rates | -7.97 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 129 | 16,102 | 88.15 |
|
Report Date :
1/30/2012
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