Movado Group designs, sources, markets and distributes watches. Co. also designs, sources, markets and distributes jewelry and other accessories under certain of its brands. Co. sells all of its brands in the U.S. Watch and Accessory Brands market primarily to department stores, such as Macy's and Nordstrom; main jewelry store chains, such as Signet Jewelers, Ltd. and Helzberg Diamonds Corp.; independent jewelers; and third-party e-commerce retailers; as well as directly to consumers through Co.'s owned e-commerce websites. Internationally, Co.'s brands are sold to department stores, jewelry chains, independent jewelers and third-party e-commerce retailers. The MOV stock yearly return is shown above.
The yearly return on the MOV stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the MOV annual return calculation with any dividends reinvested as applicable (on ex-dates).
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