SWGNF News and Press, Swatch Group Ag From 10/27/23

2023-10-27 15:23:30 ET Summary Movado's share price is down 10.7% YTD, underperforming the luxury sector. Weak financial performance, including a decline in sales and operating margin, is a key factor. Its big US presence and small Asia market have particularly impacted it. A ...

2023-09-21 05:39:40 ET Summary Swatch Group's stock price saw its biggest single day rise YTD on the release of its results in July. But the stock hasn't retained its momentum. It does, however, hold potential after the company reported robust sales growth in H12023, improved its ...

2023-09-19 09:06:54 ET More on luxury stocks Movado: Scrutinizing Threats To Its Position In The Watch Market Watches Of Switzerland: Path To Dominating The Luxury Watch Market Movado Group: Still Attractive Despite Fundamental Deterioration Movado tumbles as...

2023-08-23 11:10:00 ET Summary Diamond Hill invests on behalf of clients through a shared commitment to its valuation-driven investment principles, long-term perspective, capacity discipline and client alignment. Our portfolio outpaced the MSCI ACWI ex USA Index in Q2 due largely ...

2023-08-18 18:51:52 ET Summary Movado's core brands have struggled with maintaining and improving reach, leading to a sustained decline in interest and low growth. The company's revenue and margins have declined in the most recent quarter, with no immediate improvement in sight. ...

2023-07-07 08:00:00 ET Summary East 72 Holdings is a unique Australian publicly listed investment company listed on National Stock Exchange of Australia and is a leveraged investment company. Global equity indices had very diverse returns during the June quarter with Japanese equi...

2023-06-30 08:15:13 ET Summary The Swatch Group's stock price has declined by 18.3% since February, despite no significant price-moving numbers being released. The company is optimistic about 2023, however, expecting strong sales growth. Other luxury companies have reported go...

2023-06-12 10:57:14 ET Summary Swatch Group's high-quality business model and impressive margins make it an attractive investment despite stagnating sales due to increased competition. The luxury watch industry experienced a boom post-Covid, with Swatch's luxury brands and jewelry...

2023-03-21 15:31:44 ET Summary Farfetch’s share price plummeted because investors were scared by its underperformance and delayed profitability path. Our analysis shows that underperformance was mainly caused by the macroeconomy and not company-specific mistakes. The pr...

Summary The Swatch Group has performed better in 2023 so far compared to most other luxury companies. I think it could do even better. Its operating margins have improved in 2022, and it appears optimistic about growth this year as China's economy recovers. Its P/E is also relatively at...