Movado Group, Inc. entered into Amendment No. 7 to its Credit Agreement on July 16, 2026, extending the maturity of its senior secured revolving credit facility from October 28, 2026, to July 16, 2031. The amendment also reduces the facility's commitments from $100.0 million to $75.0 million, eliminates the 0.10% per annum SOFR adjustment, and increases interest rate margins by 0.10% per annum. Movado Group, Inc. is a global luxury watch and accessories brand manager that operates in the consumer goods industry.