British retailer Watches of Switzerland forecasts 6%-10% annual revenue growth
03/07/2025 07:43
July 3 (Reuters) - British luxury retailer Watches of Switzerland WOSG.L 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) (Reporting by Unnamalai L and Yadarisa Shabong in Bengaluru; Editing by Sherry Jacob-Phillips) ((Unnamalai.L@thomsonreuters.com;))