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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): MARCH 29, 2007
MOVADO GROUP, INC.
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(Exact name of registrant as specified in charter)
NEW YORK
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(State or other jurisdiction of incorporation)
1-16497 13-2595932
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(Commission File Number) (IRS Employer Identification Number)
650 FROM ROAD
PARAMUS, NEW JERSEY 07652
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (201) 267-8000
NOT APPLICABLE
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (SEE General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
On March 29, 2007, Movado Group, Inc. issued a press release
announcing its results for the fourth quarter and fiscal year ended January 31,
2007. The press release is attached hereto as Exhibit 99.1 and is incorporated
by reference into this item. The information in this Current Report is being
furnished and shall not be deemed "filed" for the purposes of Section 18 of the
Securities Exchange Act of 1934 or otherwise subject to the liabilities of that
Section. The information in this Current Report shall not be incorporated by
reference into any registration statement or other document pursuant to the
Securities Act of 1933, except as shall be expressly set forth by specific
reference in any such filing.
ITEM 7.01. REGULATION FD DISCLOSURE.
On March 29, 2007, Movado Group, Inc. issued a press release
announcing its Board of Directors had approved an increase in the Company's
quarterly dividend to $0.08 per share. The increased dividend rate will be
effective commencing with the regular quarterly dividend payable on April 30,
2007 to shareholders of record as of April 16, 2007. The press release is
attached hereto as Exhibit 99.2 and is incorporated by reference into this
item. The information in this Current Report is being furnished and shall not
be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act
of 1934 or otherwise subject to the liabilities of that Section. The
information in this Current Report shall not be incorporated by reference into
any registration statement or other document pursuant to the Securities Act of
1933, except as shall be expressly set forth by specific reference in any such
filing.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
EXHIBIT NO. DESCRIPTION
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99.1 Press Release of Movado Group, Inc. dated March 29,
2007 announcing results for the fourth quarter and
fiscal year ended January 31, 2007
99.2 Press release of Movado Group, Inc. dated March 29,
2007 announcing 33% Quarterly Dividend Increase
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report on Form 8-K to be signed on its
behalf by the undersigned, hereunto duly authorized.
Dated: March 29, 2007
MOVADO GROUP, INC.
By: /s/ Timothy F. Michno
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Name: Timothy F. Michno
Title: General Counsel
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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99.1 Press Release of Movado Group, Inc. dated March 29, 2007
announcing results for the fourth quarter and fiscal
year ended January 31, 2007
99.2 Press release of Movado Group, Inc. dated March 29, 2007
announcing 33% Quarterly Dividend Increase