Watches of Switzerland tumbles on report of plans to drop 2028 growth targets
BUZZ-Watches of Switzerland tumbles on report of plans to drop 2028 growth targets ** Shares of luxury retailer Watches of Switzerland WOSG.L fall as much as 9.5% to 641 pence
** Shares of the company were last down 2.4% at 691 pence
** Co plans to drop a target to more than double sales and profit by 2028, according to Bloomberg News report
** Reuters could not immediately verify the report
** YTD, Watches of Switzerland stock up ~43.57%
(Reporting by Rishab Shaju in Bengaluru)
((Rishab.shaju@thomsonreuters.com ; +91 9048142177))