Watches of Switzerland H1 revenues jump on US demand, profit falls

Dec 5, 2024 · In the 26 weeks to 27 October, group revenue rose 4% to £785m, with an improvement in trading in the second quarter. US revenue grew 11% to £355m. In the UK and …

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Watches Of Switzerland H1 Revenues Jump On US Demand, Profit Falls

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Dec 5, 2024 · In the 26 weeks to 27 October, group revenue rose 4% to £785m, with an improvement in trading in the second quarter. US revenue grew 11% to £355m. In the UK and …

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Watches Of Switzerland Group PLC H1 FY25 Results

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o Luxury watch2 revenue -2% in constant currency, -3% reported. As anticipated, revenue was impacted by one-off increases in showroom stock levels to enhance displays and client …

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Watches Of Switzerland Profits Fall Despite Strong US Demand

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Dec 5, 2024 · Watches of Switzerland reported a 4% year-on-year rise in group revenue to £785m in its first half, driven by strong growth in the US market. However, the luxury watch retailer’s …

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Watches Of Switzerland H1 Profit Declines, Revenues Rise; …

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Dec 5, 2024 · Revenue for the first half was 784.8 million pounds, 3 percent higher than last year's 761.4 million pounds. Revenue growth was 4% in constant currency, driven by growing …

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Watches Of Switzerland Shares Jump As Q2 Momentum Boosts H1 …

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Dec 5, 2024 · The luxury retailer, known for its premium watches and jewellery, recorded total revenue of £785 million for the 26 weeks ending 27 October 2024, up from £761 million in the …

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Watches Of Switzerland Sees Strong Sales Growth Amid High …

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Dec 5, 2024 · The US market saw an 11% growth in sales to £355m, boosted by a stock rebuild. Although UK and Europe revenues dipped by 1% to £430m, the group noted a recent upswing …

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Watches Of Switzerland Sees Flat Revenue And Lower Profits, But US ...

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Dec 7, 2023 · In the UK and Europe, revenue was down 4% on both a reported and constant currency basis at £433 million, although in the US revenue of £328 million was up 5% reported …

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Watches Of Switzerland Flat Sales Offset By ‘strong Momentum In US’

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Dec 7, 2023 · In the 26 weeks to October 29, the luxury watch retailer posted a 2% increase in group revenue to £761m on a constant currency basis, while revenue was flat at reported …

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Sales Growth Strengthens At Watches Of Switzerland Amid US …

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Dec 5, 2024 · Watches of Switzerland has revealed ... H1 FY25 revenue growth of 4% in constant currency reflecting an encouraging improvement in trading in Q2, driven by growing demand in …

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Watches Of Switzerland Posts H1 Profit Jump Amid Strong Demand

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Dec 9, 2021 · In the US, revenue was 50.2% higher at £167.6m. The watch retailer said third-quarter trading to date supports the full year guidance upgraded in early November.

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Swatch Group (UHR) H1 2024 Earnings: Net Profit Falls 70% - WWD

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Jul 15, 2024 · The Swatch Group (UHR) H1 2024 earnings are in: Net profit down 70 percent as China luxury spending slowdown bites. ... Revenue for the first six months of 2024 reached …

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FAQs about Watches of Switzerland H1 revenues jump on US demand, profit falls Coupon?

How did watches of Switzerland group perform in H1 2025?

The Watches of Switzerland Group recently reported its H1 2025 earnings, showing a sales increase to GBP 784.8 million, though net income declined to GBP 28.9 million. The company continues to strengthen its market position with a solid U.S. revenue mix and successful integration of acquisitions like Roberto Coin and Hodinkee. ...

Is watches of Switzerland group a good stock to buy?

Take a closer look at Watches of Switzerland Group's potential here. The Watches of Switzerland Group has demonstrated significant market share and revenue growth, with trading aligning with expectations and positive momentum noted in the second quarter. ...

How has the watches of Switzerland group performed in the second quarter?

The Watches of Switzerland Group has demonstrated significant market share and revenue growth, with trading aligning with expectations and positive momentum noted in the second quarter. According to Brian Duffy, Group CEO, the company has effectively navigated market volatility to achieve gains in market share. ...

Are there any changes to the directors of watches of Switzerland Group plc?

material related party transactions in the first 26 weeks to 30 October 2022 and any material changes in the related party transactions described in the last annual report. There have been no changes to the directors of Watches of Switzerland Group PLC to those listed in the Group’s Annual Report and Accounts for the 52 weeks to 1 May 2022. ...

Is watches of Switzerland group a 'forward-looking' company?

The Watches of Switzerland Group is proud to be the UK’s largest retailer for Rolex, OMEGA, Cartier, TAG Heuer and Breitling watches. This announcement has been prepared by Watches of Switzerland Group PLC (the ‘Company’). It includes statements that are, or may be deemed to be, "forward-looking statements". ...

How are watches of Switzerland group's valuation metrics shaping its market position?

To learn about how Watches of Switzerland Group's valuation metrics are shaping its market position, check out our detailed analysis of Watches of Switzerland Group's Valuation. The company faces challenges such as low return on equity at 7.5% and a 60.7% decline in earnings over the past year. ...