Watches of Switzerland Group PLC (LSE:WOSG)'s trading remained encouraging during the 17 weeks to 30 August 2026, with strong US demand and further signs of improvement in the UK supporting confidence in its full-year guidance. 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.
Watches of Switzerland share price continued rising today, reaching its highest level since July 2023, helped by its strong earnings report and the rising hopes that it will be acquired. WOSG jumped to 777p, up by 138% from its lowest level in 2025.
Watches of Switzerland Group PLC (LSE:WOSG) delivered adjusted earnings at the top end of upgraded guidance and backed its outlook for another year of growth, as the luxury watch retailer published annual results a day after reports it had attracted takeover interest. The luxury watch retailer revealed that revenue rose 11% to £1.8 billion in the 53 weeks to 3 May, while statutory PBT increased...
Luxury retailer Watches of Switzerland said on Tuesday that strong demand from wealthy U.S. shoppers has carried into its new financial year, and there were encouraging signs of improvement in the British market.
London-listed Watches of Switzerland Group has held talks in recent months over potential offers to take the luxury watch retailer private, said three people close to the matter.
Watches of Switzerland Group PLC (LSE:WOSG) fell 3% to 707.6p after Jefferies downgraded the luxury watch retailer to 'hold' from 'buy', arguing the stock's powerful rerating has left little room for further valuation expansion. The downgrade comes despite the broker raising its price target to 740p from 440p, implying just 4% upside from current levels.
UBS has upgraded Watches of Switzerland Group PLC (LSE:WOSG) to 'buy' from 'neutral', citing accelerating demand for luxury timepieces in the United States. The bank raised its price target to 850p from 600p, implying upside of about 16% from the closing price of 730p on 1 July.
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