Jefferies cautions Watches of Switzerland may see softer 2H
Jefferies analyst James Grzinic cautions Watches of Switzerland’s second half is likely less dynamic despite a good fiscal first-quarter pace and strong trading over the summer. The retailer backed fiscal 2027 guidance.
Watches of Switzerland set a strong pace in its fiscal first quarter, but Jefferies analyst James Grzinic cautioned that the second half of the year is likely to be less dynamic. The U.K.-based retailer backed its fiscal 2027 guidance after strong trading over the summer months.