{"id":126925,"date":"2026-09-07T09:44:49","date_gmt":"2026-09-07T09:44:49","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/126925\/"},"modified":"2026-09-07T09:44:49","modified_gmt":"2026-09-07T09:44:49","slug":"watches-of-switzerland-holds-guidance-as-us-strength-drives-trading-momentum","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/126925\/","title":{"rendered":"Watches of Switzerland holds guidance as US strength drives trading momentum"},"content":{"rendered":"

\"Watches<\/a> Watches of Switzerland holds guidance as US strength drives trading momentum Proactive uses images sourced from Shutterstock <\/p>\n

Watches of Switzerland Group PLC (LSE:WOSG)<\/a>‘s trading remained encouraging during the 17 weeks to 30 August, with strong US demand and further signs of improvement in the UK supporting confidence in its full-year guidance. <\/p>\n

The luxury watch retailer’s performance remained consistent with the positive trends reported alongside its full-year results, with broad-based demand across key brands. <\/p>\n

Luxury jewellery, certified pre-owned watches and ecommerce all contributed to growth, while the integration of recently acquired Deutsch & Deutsch was progressing well and having a positive impact on performance. <\/p>\n

The group reiterated guidance for organic revenue growth of between 5% and 10% at constant currency in the current financial year, alongside a 40 to 80 basis point expansion in adjusted EBIT margin. <\/p>\n

Capital expenditure is expected to be between \u00a360 million and \u00a370 million, with free cash flow conversion of around 70%. <\/p>\n

Watches of Switzerland also continues to expand its showroom estate, opening a new multi-brand store in Avalon, Georgia, while further openings in Glasgow, Connecticut and New Jersey are planned before Christmas. <\/p>\n

The company said its performance so far reinforced confidence in delivering another year of strong revenue growth and a return to margin expansion. <\/p>\n

Separately, Watches of Switzerland published its 2026 Annual Report and Accounts ahead of its annual general meeting in London on 3 September. <\/p>\n

The group currently operates 186 showrooms across the UK and US, including 75 dedicated mono-brand boutiques. <\/p>\n","protected":false},"excerpt":{"rendered":"Watches of Switzerland holds guidance as US strength drives trading momentum Proactive uses images sourced from Shutterstock Watches…\n","protected":false},"author":2,"featured_media":126926,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[4],"tags":[61969,17,61968,714,1233],"class_list":["post-126925","post","type-post","status-publish","format-standard","has-post-thumbnail","category-switzerland","tag-deutsch","tag-switzerland","tag-switzerland-group-plc","tag-us","tag-watches"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/117229120583659596","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/126925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=126925"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/126925\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/126926"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=126925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=126925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=126925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}