Watches of Switzerland hails robust performance but shares slide

Feb 9, 2023  · As a result, total turnover came in £18million below the consensus expectations of £425million, leading Watches of Switzerland Group shares to dive by 11 per cent to £8.95 on …


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Watches Of Switzerland Hails Robust Performance But Shares Slide

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Feb 9, 2023  · As a result, total turnover came in £18million below the consensus expectations of £425million, leading Watches of Switzerland Group shares to dive by 11 per cent to £8.95 on …

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Watches Of Switzerland Hails Robust Performance But Shares Slide …

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Feb 9, 2023  · Watches of Switzerland hails robust performance but shares slump after retailer misses revenue forecast. Turnover at the luxury brand increased by 17% to £407m for the …

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Watches Of Switzerland Shares Jump As Q2 Momentum Boosts

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Dec 5, 2024  · Watches of Switzerland Group (LON: WOSG) shares jumped more than 7% Thursday after reporting a revenue increase of 4% in constant currency for the first half of …

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FAQs about Watches of Switzerland hails robust performance but shares slide Coupon?

Why did watches of Switzerland group's shares slide?

Watches of Switzerland Group has hailed another record annual result but seen its shares slide after warning of difficult trading conditions. The luxury retailer declared revenue of £1.54billion for the 12 months ending April, jumping by a quarter on the previous year and about double the amount it achieved four years ago. ...

How did the watches of Switzerland share price perform?

At 570p per share, the Watches of Switzerland share price was up 9.8% and leading the FTSE 250 higher. Revenues edged 1% higher during the 13 weeks to 29 October, to £379 million. Stripping out the impact of currency volatility sales were up 5% year on year. ...

Why did watches of Switzerland share fall FTSE 350?

Watches of Switzerland shares were the FTSE 350's biggest faller on Wednesday Watches of Switzerland Group has hailed another record annual result but seen its shares slide after warning of difficult trading conditions. ...

What happened to watches of Switzerland?

Watches of Switzerland has reported another positive result as global demand for expensive timepieces sustained its red-hot streak, although shares tumbled as the group missed analyst forecasts. ...

What is the price of watches of Switzerland?

The price is the highest shares in Watches of Switzerland have been since they were worth 587p each on 17 January. In the last 12 months, shares in the group have been as high as 715p each – on 11 December, 2023, but fell sharply just over a month later to 371p. In 2024, shares in Watches of Switzerland have been as low as 325p – in May. ...

Are watches of Switzerland group shares the FTSE 350 Index's worst performer?

Consequently, it expects to report annual underlying pre-tax earnings of between £163million and £167million, compared to £130million in the prior year. Yet this performance failed to prevent Watches of Switzerland Group shares from becoming the FTSE 350 Index's worst performer on Wednesday morning. ...

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