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Watches of Switzerland keeps ticking over

Full-year guidance was maintained as investors keep an eye on long-term targets
December 7, 2023
  • US growth
  • Rolex fears overblown

There were no big surprises in Watches of Switzerland’s (WOSG) half-year results, after the luxury watch retailer trailed the performance in an update last month. That was good news for the company, which is trying to rejuvenate sentiment after the shares fell by over a fifth when Rolex announced its purchase of Swiss retailer Bucherer in August.

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