July 2, 2025
British retailer Watches of Switzerland forecasts 6%-10% annual revenue growth
(Reuters) -British luxury retailer Watches of Switzerland on Thursday projected full-year revenue growth of 6% to 10%, after its U.S. business revenue surpassed the $1 billion mark for the first time, driven by strong consumer demand.
The company posted adjusted operating profit of 150 million pounds ($204.60 million) for the year ended April 27, above analyst estimates of 148.8 million pounds, according to a company-compiled consensus.
($1 = 0.7331 pounds)