Watches of Switzerland Group
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Watches of Switzerland Group (WOSG) investor relations material

Watches of Switzerland Group Trading update summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Trading update summary3 Sep, 2026

Trading performance and outlook

  • Trading momentum remained strong in the 17 weeks to 30 August 2026, with positive trends continuing from FY26 and robust performance in both the US and UK markets.

  • Broad-based demand across key luxury brands and growth pillars such as luxury jewellery, certified pre-owned, and ecommerce contributed to diversified growth.

  • Integration of Deutsch & Deutsch is progressing well, positively impacting overall performance.

  • Confidence is reinforced in achieving strong revenue growth and EBIT margin expansion for FY27.

Showroom development and expansion

  • US showroom expansion included a new multi-brand location in Avalon, Georgia, and ongoing conversion of Mayors Avalon to a luxury jewellery showroom.

  • UK showrooms in Chelmsford and Watford reopened after refurbishment and expansion.

  • Additional showrooms, including Rolex Glasgow and Betteridge Greenwich, are on track to open before Christmas.

Financial guidance for FY27

  • Revenue growth is guided at 5–10% at constant currency, with adjusted EBIT margin expected to expand by 40–80bps from FY26.

  • Capex is projected at £60–£70 million, and free cash flow conversion is expected to be around 70%.

  • Guidance is provided on both pre-IFRS 16 and IFRS 16 bases, with exposure to £/$ exchange rate movements noted.

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Q2 2027 TU10 Nov, 2026
Watches of Switzerland Group
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Q2 2027 TU10 Nov, 2026

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Frequently asked questions

Watches of Switzerland Group plc retails luxury watches and jewelry through its network of stores and e-commerce platforms. The company operates multibrand and mono-brand boutiques across the UK and the U.S., representing high-end watch manufacturers. It targets premium and affluent customer segments. The company is headquartered in Leicester, United Kingdom, and its shares are listed on the LSE.