Watches of Switzerland Group plc (LON: WOSG)
London
· Delayed Price · Currency is GBP · Price in GBX| Market Cap | 973.61M |
| Revenue (ttm) | 2.96B |
| Net Income (ttm) | 218.20M |
| Shares Out | 239.57M |
| EPS (ttm) | 0.91 |
| PE Ratio | 9.24 |
| Forward PE | 8.22 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,537,182 |
| Open | 409.60 |
| Previous Close | 405.00 |
| Day's Range | 370.00 - 420.80 |
| 52-Week Range | 324.00 - 789.00 |
| Beta | 2.07 |
| Analysts | n/a |
| Price Target | 531.23 (+30.72%) |
| Earnings Date | Jun 27, 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. It offers its products under the Goldsmiths, Mappin & Webb, Watches of Switzerland, Mayors Jewelers, and Betteridge brands. The company also engages in sale of fashion and classic watches, and jewelry; and gifts, as well as provides servicing, repairs, and product insurance services. Watches of Switzerland Group plc was founded in 1775 and is headquartered in Leicester, the United Kingdom. [Read more]
Financial Performance
In 2023, WOSG's revenue was 1.54 billion, an increase of 24.62% compared to the previous year's 1.24 billion. Earnings were 121.80 million, an increase of 20.59%.
Financial StatementsNews
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.
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 ...
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 ...
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.
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...
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.
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-...
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.
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.
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.
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.
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%.
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.
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...
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%.
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...
Rolex prices stumble to 24-month lows on secondary market
Rolex prices on the secondary market have plummeted to another 24-month low as global demand for luxury status symbols continued to drop off. Bloomberg's Subdial Watch Index, which tracks the pre-owne...
Watches of Switzerland share price outlook: Is WOSG a good stock to buy?
Watches of Switzerland (LON: WOSG) share price has made a strong recovery on Tuesday after the company published encouraging financial results. The stock jumped by as much as 15%, the best daily incre...
Watches Of Switzerland Shares Soar On Improved Sales, Growth Plan News
Sales rose 1% during the 13 weeks to 29 October, to £379 million. or 5% on a constant currencies basis.
Bucherer risk a no-starter for Watches of Switzerland - analyst
The acquisition of Swiss watch merchant Bucherer by Rolex has become a hot-button topic for Watches of Switzerland Group PLC (LSE:WOSG), the FTSE 250 incumbent retailer of high-end timepieces. Watches...
Watches of Switzerland (WOSG) shares up on positive five-year projection
Watches of Switzerland Group PLC witnessed a remarkable surge in its share price today, rising by 8.57% to reach GBX 563.50 by 9:43 AM UTC on November 7, 2023. This surge in stock price comes after th...
Watches of Switzerland shares up 8.5% as retailer reiterates plan to double profit by 2028
The stock has suffered this year on concerns over the Rolex takeover of retailer Bucherer.
Watches of Switzerland ticks higher as growth returns to UK, US accelerates
Watches of Switzerland Group PLC (LSE:WOSG) shares bounced 15%, having recently sunk to almost a three-year low, as it reported better trading in the US and UK, as well as its new ‘long range plan'. R...
Rolex merchant Watches of Switzerland hopes to buck the luxury downtrend
FTSE 250-listed Rolex retail Watches of Switzerland Group PLC (LSE:WOSG)'s second-quarter results come at a testing time for the European luxury sector. Luxury stocks have underperformed in the latter...
Watches of Switzerland share price: irrational sell-off, buy the dip
Watches of Switzerland (LON: WOSG) share price made a catastrophic plunge on Friday as investors reacted to the latest M&A in the industry. The shares dropped by more than 20% and reached the lowest l...