Watches of Switzerland Group (LON:WOSG) Issues Earnings Results

Posted by Geri Gentry on Jul 16th, 2026

Watches of Switzerland Group (LON:WOSG – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported GBX 45.20 EPS for the quarter, Digital Look Earnings reports. Watches of Switzerland Group had a return on equity of 16.31% and a net margin of 5.42%.

Here are the key takeaways from Watches of Switzerland Group’s conference call:

FY 2026 was a record year, with sales up 13% in constant currency to GBP 1.828 billion, driven by broad-based growth and a strong acceleration in the second half.
The U.S. became the group’s largest market and delivered 24% constant-currency growth, with momentum supported by showroom investments, e-commerce, pre-owned, and the Deutsch & Deutsch acquisition.
Margins were pressured by product mix, U.S. tariffs, and higher gold prices, leading to a 60 bps decline in adjusted EBIT margin to 8.5%, partly offset by cost leverage.
Pre-owned, Roberto Coin, and ecommerce all performed strongly, with pre-owned up 22%, Roberto Coin wholesale up 22%, and ecommerce up 21% in constant currency.
The company ended the year with a healthy balance sheet and strong cash generation, including GBP 162 million of free cash flow, net debt of about GBP 57 million, and 18% ROCE, while guiding FY 2027 for 5% to 10% revenue growth and 40 to 80 bps EBIT margin expansion.

Watches of Switzerland Group Stock Performance

Shares of WOSG stock opened at GBX 777.25 on Thursday. The stock’s fifty day simple moving average is GBX 692.28 and its 200-day simple moving average is GBX 560.22. The company has a market capitalization of £1.80 billion, a price-to-earnings ratio of 26.26, a P/E/G ratio of 1.56 and a beta of 1.87. The company has a current ratio of 1.91, a quick ratio of 0.48 and a debt-to-equity ratio of 87.18. Watches of Switzerland Group has a 1-year low of GBX 316.20 and a 1-year high of GBX 788.50.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on WOSG shares. Royal Bank Of Canada increased their target price on shares of Watches of Switzerland Group from GBX 560 to GBX 650 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 440 price objective on shares of Watches of Switzerland Group in a report on Friday, May 15th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Watches of Switzerland Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 546.67.

Read Our Latest Research Report on WOSG

Watches of Switzerland Group Company Profile

(Get Free Report)

Established in 2007 the Watches of Switzerland Group is the UK’s largest luxury watch retailer, operating in the UK and US comprising eight prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Deutsch & Deutsch (US), Analog:Shift (US) and Hodinkee (US), with a complementary jewellery offering. Since 8 May 2024, the Group has also owned the exclusive distribution rights for Roberto Coin in the USA, Canada, Central America and the Caribbean.