Advertisement
Advertisement

Watches of Switzerland Reports Strong H1 FY26 Performance Driven by US Growth

Story Highlights
Watches of Switzerland Reports Strong H1 FY26 Performance Driven by US Growth

Meet Your ETF AI Analyst

Watches of Switzerland Group PLC ( (GB:WOSG) ) has issued an announcement.

Watches of Switzerland Group PLC reported a strong performance for the first half of FY26, with a 10% increase in group revenue at constant currency, driven by a 20% rise in US sales. The company’s growth is attributed to strategic investments in teams, showrooms, and digital offerings, alongside the successful integration of Roberto Coin. Despite challenges in the UK retail environment, the company achieved a 2% revenue increase, with its luxury watch market remaining stable. The Group is optimistic about continued sales growth and maintaining its leadership in luxury watch and jewellery retailing, despite economic uncertainties and US tariffs.

The most recent analyst rating on (GB:WOSG) stock is a Buy with a £433.00 price target. To see the full list of analyst forecasts on Watches of Switzerland Group PLC stock, see the GB:WOSG Stock Forecast page.

Spark’s Take on GB:WOSG Stock

According to Spark, TipRanks’ AI Analyst, GB:WOSG is a Outperform.

Watches of Switzerland Group PLC scores well due to its solid financial performance and positive technical indicators. The company’s consistent revenue growth and strong cash flow generation are significant strengths. While the valuation is moderate, the lack of a dividend yield and increased leverage are areas to watch. Overall, the stock presents a balanced opportunity for growth-oriented investors.

To see Spark’s full report on GB:WOSG stock, click here.

More about Watches of Switzerland Group PLC

Watches of Switzerland Group PLC is the UK’s largest luxury watch retailer, operating in both the UK and US markets. The company comprises several prestigious brands, including Watches of Switzerland, Mappin & Webb, Goldsmiths, Mayors, Betteridge, Analog:Shift, and Hodinkee. It offers a complementary jewellery range and holds exclusive distribution rights for Roberto Coin in the US, Canada, Central America, and the Caribbean. The Group has a significant retail presence with 196 showrooms, including 84 mono-brand boutiques in partnership with renowned brands like Rolex, OMEGA, TAG Heuer, and others.

Average Trading Volume: 795,428

Technical Sentiment Signal: Sell

Current Market Cap: £918M

For a thorough assessment of WOSG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1