Watches of Switzerland Group PLC (LON: WOSG)

London flag London · Delayed Price · Currency is GBP · Price in GBp
460.60
+13.40 (3.00%)
Nov 22, 2024, 6:24 PM BST
-24.37%
Market Cap 1.10B
Revenue (ttm) 1.54B
Net Income (ttm) 59.10M
Shares Out 239.57M
EPS (ttm) 0.25
PE Ratio 18.57
Forward PE 11.30
Dividend n/a
Ex-Dividend Date n/a
Volume 300,533
Open 449.40
Previous Close 447.20
Day's Range 445.60 - 460.60
52-Week Range 324.00 - 728.00
Beta 2.17
Analysts n/a
Price Target n/a
Earnings Date Dec 5, 2024

About WOSG

Watches of Switzerland Group PLC operates as a retailer of luxury watches and jewelry in the United Kingdom, Europe, and the United States. The company operates its showrooms under the Watches of Switzerland, Mappin & Webb, Goldsmiths, Mayors, Betteridge, and Analog:Shift brands, as well as mono-brand boutiques on behalf of Rolex, OMEGA, Tag Heuer, Breitling, TUDOR, Grand Seiko, BVLGARI, and Fope; and engages in the operation of ecommerce platforms. It also engages in sale of fashion and classic watches, and jewelry; and gifts, as well as provi... [Read more]

Industry Luxury Goods
Founded 1775
Employees 2,755
Stock Exchange London Stock Exchange
Ticker Symbol WOSG
Full Company Profile

Financial Performance

In 2024, WOSG's revenue was 1.54 billion, a decrease of -0.32% compared to the previous year's 1.54 billion. Earnings were 59.10 million, a decrease of -51.48%.

Financial Statements

News

Gatemore Seeks Watches of Switzerland Buyback, US Listing

Gatemore Capital Management has taken a position in Watches of Switzerland Group Plc and is asking the retailer of luxury timepieces to pursue an aggressive share buyback and consider listing in the U...

4 weeks ago - BNN Bloomberg

Watches of Switzerland joins forces with watch fan site Hodinkee

Watches of Switzerland said the acquisition will be funded through existing financing facilities.

7 weeks ago - This is Money

Watches of Switzerland: A Contrarian Bet

Watches of Switzerland Group may have been hit hard over the last year. But there are silver linings. Amid rampant pessimism, WOSGF stock is worth a contrarian bet.

2 months ago - Seeking Alpha

BUSINESS LIVE: UK retail sales rose in August; Ashtead Group names new CFO; Michelmersh's profits slump

Among the companies with reports and trading updates today are Ashtead Group, Michelmersh Brick Holdings, DS Smith, and Watches of Switzerland Group.

2 months ago - This is Money

U.K. luxury watch market has stabilized but top Rolex seller issues profit warning due to lack of ‘gold and other precious metal watches’

Despite signs of stability, Watches of Switzerland warned that sales and profit would be weaker than anticipated.

5 months ago - Fortune

Watches of Switzerland share price analysis: towards a 20% jump?

Watches of Switzerland (LON: WOSG) share price has staged a strong recovery after the company published strong financial results. It soared to a high of 421p, its highest level since February 24th.

6 months ago - Invezz

Watches of Switzerland Group Trading At An Attractive Valuation

I rate WOSGF as a buy as equity value has been overpunished. The acquisition of Bucherer by Rolex does not threaten WOSGF's position in the distribution chain.

7 months ago - Seeking Alpha

Watches of Switzerland: The Sentiment Is Wrong, The Company Can Win Long Term

WOSG's revenue growth has turned negative but only slightly so. We believe this is wholly driven by economic conditions, with its fundamental position still strong. The company has seen limited margin...

10 months ago - Seeking Alpha

Rolex seller Watches of Switzerland says ‘tourist tax’ dragging on UK market

The UK’s biggest retailer for Rolex and Omega watches flagged that a so-called tourist tax means it made minimal returns from overseas shoppers.

10 months ago - Evening Standard

Tourist tax bites into Watches of Switzerland's UK sales

For the nine-month period to 28 January 2024, London-listed Rolex merchant Watches of Switzerland Group PLC (LSE:WOSG)'s revenues reached £1.15 billion, marking a 1% increase at constant currency but ...

10 months ago - Proactive Investors

Watches of Switzerland shares dive by a third after revenues warning

UK’s biggest Rolex and Omega seller becomes latest luxury retailer to be hit by switch in spending by aspirational shoppers The share price of Watches of Switzerland has dived by more than a third in ...

11 months ago - The Guardian

Some Luxury Goods Had a Better Christmas Than Others

Brands that sell to the wealthiest shoppers are a safer bet as spending on designer products slows.

11 months ago - WSJ

Watches of Switzerland stock falls by nearly a third after ‘volatile’ Christmas

Shares in Watches of Switzerland plunged by nearly a third on Thursday, after the luxury watch seller warned that sales would be lower than expected after U.K. shoppers eschewed expensive trinkets dur...

11 months ago - MarketWatch

Shares plummet by a third as Watches of Switzerland slashes outlook

Revenue is expected to grow at a quarter of the pace previously guided, the business said after a tough Christmas.

11 months ago - Evening Standard

Watches of Switzerland drop 25% after a not-so-timely profit warning

Shares in Watches of Switzerland Group PLC (LSE:WOSG) tanked 25% in early trade after sounding the earnings alarm following a difficult Christmas trading period. The company blamed “challenging macro-...

11 months ago - Proactive Investors

Watches of Switzerland shares plunge 28% after guidance cut

Watches of Switzerland shares plummeted 28% on Thursday morning after the luxury watch retailer cut its guidance for fiscal 2024.

11 months ago - CNBC

Watches of Switzerland CEO plans to double business size in next five years

Brian Duffy, CEO of Watches of Switzerland, discusses the company's third-quarter earnings and the markets in which the business is seeing the most growth.

1 year ago - CNBC International TV

Watches of Switzerland CEO plans to double business size in next five years

Brian Duffy, CEO of Watches of Switzerland, discusses the company's third-quarter earnings and the markets in which the business is seeing the most growth.

1 year ago - CNBC

Watches of Switzerland Group plc 2024 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Watches of Switzerland Group plc in conjunction with their 2024 Q2 earnings call.

1 year ago - Seeking Alpha

Watches of Switzerland Group plc. (WOSGF) H1 2024 Earnings Call Transcript

Watches of Switzerland Group plc. (OTCPK:WOSGF) H1 2024 Earnings Conference Call December 7, 2023 4:00 AM ET Company Participants Brian Duffy - CEO Anders Romberg - CFO Conference Call Participants Me...

1 year ago - Seeking Alpha

Rolex seller Watches of Switzerland sees sales slump amid falling demand for luxury goods

The biggest seller of Rolex watches - a favourite of tennis star Roger Federer (pictured) - in Britain said sales in the UK and Europe had fallen 4%.

1 year ago - This is Money

Watches of Switzerland Group plc Non-GAAP EPS of 21.50p, revenue of £761M

Read about Watches of Switzerland Group plc's 1H Non-GAAP EPS of 21.50p and revenue of £761M (-0.5% Y/Y) in their recent press release.

1 year ago - Seeking Alpha

Watches of Switzerland posts flat sales amid downturn in luxury goods market

Watches of Switzerland WOSG, +0.69% on Thursday reported flat sales and a sharp drop in earnings in the first half of the year as its business was hit by the downturn in the global luxury goods market...

1 year ago - Market Watch

UK consumer woes will continue through 2024, says Watches of Switzerland

The luxury watches retailer saw UK and European sales fall 4% in the six months to October 29, though US sales lifted 11%.

1 year ago - Evening Standard

Watches of Switzerland off 5% after interims; concerns linger, says broker

Shares in Watches of Switzerland Group PLC (LSE:WOSG) fell 5% in the wake of its interim results, which revealed a 20% fall in statutory profits to £67 million. While expectations for the remainder of...

1 year ago - Proactive Investors