Investors focused on the Retail-Wholesale space have likely heard of Movado Group (MOV Quick QuoteMOV - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Movado Group is one of 214 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #5 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. MOV is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for MOV's full-year earnings has moved 7.85% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that MOV has returned about 52.48% since the start of the calendar year. Meanwhile, stocks in the Retail-Wholesale group have gained about 10.14% on average. This means that Movado Group is outperforming the sector as a whole this year.

To break things down more, MOV belongs to the Retail - Jewelry industry, a group that includes 4 individual companies and currently sits at #3 in the Zacks Industry Rank. On average, this group has gained an average of 20.84% so far this year, meaning that MOV is performing better in terms of year-to-date returns.

Investors in the Retail-Wholesale sector will want to keep a close eye on MOV as it attempts to continue its solid performance.