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Watches of Switzerland FY26 slides: US overtakes UK as top market

First publishedJul 14, 09:00 UTC
Last updatedJul 14, 11:16 UTC · 11m ago
11 outletInvesting.com · Company News
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Watches of Switzerland FY26 slides: US overtakes UK as top market
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Watches of Switzerland FY26 slides: US overtakes UK as top market Watches of Switzerland Group PLC (LSE:WOSG) presented its fiscal 2026 results on July 14, 2026, highlighting a transformative year in which the United States surpassed the United Kingdom as the company’s largest market. The luxury watch and jewelry retailer reported revenue of £1,828 million, up 13% in constant currency, though margin pressures from U.S.

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Watches of Switzerland FY26 slides: US overtakes UK as top market Watches of Switzerland Group PLC (LSE:WOSG) presented its fiscal 2026 results on July 14, 2026, highlighting a transformative year in which the United States surpassed the United Kingdom as the company’s largest market. The luxury watch and jewelry retailer reported revenue of £1,828 million, up 13% in constant currency, though margin pressures from U.S. tariffs and elevated gold prices tempered profitability gains. The company’s shares traded at $747.50 following the presentation, down slightly from the previous close but near the top of the 52-week range of $316.20 to $778.50.

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What's the story?
Watches of Switzerland FY26 slides: US overtakes UK as top market Watches of Switzerland Group PLC (LSE:WOSG) presented its fiscal 2026 results on July 14, 2026, highlighting a transformative year in which the United States surpassed the United Kingdom as the company’s largest market. The luxury watch and jewelry retailer reported revenue of £1,828 million, up 13% in constant currency, though margin pressures from U.S.
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1 outlet, average source rating 5.0/10.
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11m ago.
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    Watches of Switzerland FY26 slides: US overtakes UK as top market

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