Watches of Switzerland Group PLC

Watches of Switzerland’s shares jump 12% as U.S. demand lifts luxury‑watch sales and analysts boost profit outlook, driving a new 52‑week high.

Watches of Switzerland Group PLC has reported that US tariffs have had a minimal impact on its business, with demand in the US market remaining unaffected and the company maintaining a steady outlook.

Watches of Switzerland Group PLC is poised for 6-10% annual revenue growth, despite facing challenges from US tariffs that have squeezed profit margins and increased luxury timepiece prices.