Watches of Switzerland Reports 15% First-Half Revenue Growth, Narrows FY2027 Guidance
The U.K.-based luxury-watch retailer reported revenue up 15% in the first half ended Nov. 1 and narrowed its fiscal 2027 guidance toward the upper end of the range. RBC Capital Markets analysts called the update solid.
Watches of Switzerland's update looks solid in a challenging economic environment, analysts at RBC Capital Markets say. The U.K.-based luxury-watch retailer reported a 15% increase in revenue for the first half ended Nov. 1 and narrowed its guidance for fiscal 2027 toward the upper end of the range…