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10:25
Jul 14
Jul 14
Rolex proxy with strong U.S. luxury demand
Watches of Switzerland is uniquely positioned as a publicly listed proxy for Rolex watches, which are private. More than half of its sales come from the strong U.S. consumer, where the wealth effect is boosting luxury demand, and potential takeover interest adds upside. This makes the stock a compelling play on resilient U.S. high-end spending.
MED
08:15
Jul 14
Jul 14
Watches of Switzerland reports robust demand in the US and signs of a recovery in the UK market according to the news wire.
14:30
Jul 13
Jul 13
Watches of Switzerland held talks over potential takeover offers according to sources cited by Reuters.
13:18
Jul 13
Jul 13
Watches of Switzerland Group shares jumped after Reuters reported the company held talks with potential suitors about offers to take it private.
10:25
Jun 26
Jun 26
Watches of Switzerland plans to drop a target to more than double sales and profit by 2028 as the luxury market has deteriorated since the forecast was set.
About WOSG Analyst Coverage
Buzzberg tracks WOSG across 3 sources. 1 bullish vs 0 bearish calls from 3 analysts. Sentiment: predominantly bullish (20%). 5 total trade ideas tracked. Past 7 days: 1 bullish, 1 watch. Latest voices: Andrea, Reuters Business, Bloomberg.