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Midas Edge

MOVADO GROUP INC

For the period ended Jan 31, 2025. Filed Apr 16, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Apr 16, 2025

MOV$32.03+3.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 2. Properties

The Company leases various facilities in North America, Europe, the Middle East and Asia for its corporate, watch assembly, distribution and sales operations. As of January 31, 2025, the Company’s leased facilities individually comprising more than 20,000 square feet were as follows:

LocationFunctionSquareFootageLeaseExpiration
Moonachie, New JerseyWatch distribution and repair100,000August 2035
Paramus, New JerseyExecutive offices90,100June 2030
Bienne, SwitzerlandCorporate and sales functions and watch distribution, assembly and repair56,700December 2032
Hong KongWatch distribution44,800April 2027

The foregoing facilities, as well as 15 additional leased facilities worldwide averaging approximately 4,000 square feet, are used exclusively in connection with the Watch and Accessory Brands segment of the Company’s business except that a portion of the Company’s executive office space in Paramus, New Jersey is used in connection with management of its retail business.

Since acquiring EBEL in 2004, the Company owns an architecturally significant building in La Chaux-de-Fonds, Switzerland.

The Company also leases retail space averaging 1,700 square feet per store with leases expiring with various dates through August 2034 for the operation of the Company’s 56 retail outlet locations.

The Company believes that its existing facilities are suitable and adequate for its current operations.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.