The Swatch Group AG (SWGAY)

OTCMKTS: SWGAY · Delayed Price · USD
10.98
+0.02 (0.18%)
May 20, 2024, 11:34 AM EDT - Market open
Market Cap 11.29B
Revenue (ttm) 13.02B
Net Income (ttm) 1.43B
Shares Out 1.03B
EPS (ttm) 22.49
PE Ratio 57.66
Forward PE 10.91
Dividend $0.36 (3.27%)
Ex-Dividend Date May 13, 2024
Volume 24,436
Open 11.00
Previous Close 10.96
Day's Range n/a
52-Week Range 10.38 - 16.90
Beta 0.92
Analysts n/a
Price Target n/a
Earnings Date n/a

About SWGAY

The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components worldwide. The company operates through Watches & Jewelry and Electronic Systems segments. The Watches & Jewelry segment designs, produces, and commercializes watches and jewelry. The Electronic Systems segment engages in the design, production, and commercialization of electronic components, as well as sports timing activities. It is also involved in the provision of assembly, research and development, administration, polishing, l... [Read more]

Industry Luxury Goods
Founded 1983
Employees 33,602
Stock Exchange OTCMKTS
Ticker Symbol SWGAY
Full Company Profile

Financial Performance

In 2023, SWGAY's revenue was 7.89 billion, an increase of 5.19% compared to the previous year's 7.50 billion. Earnings were 869.00 million, an increase of 7.68%.

Financial numbers in CHF Financial Statements

News

Swatch Group dashes dividend expectations, shares tick lower

Swatch Group on Tuesday missed profit forecasts for 2023 and proposed a much smaller than expected dividend increase - putting pressure on the world's biggest watchmaker's stock.

4 months ago - Reuters

5 Lesser Known Parent Companies Of Big Luxury Brands

Tapestry, Inc. (TPR) the parent company of brands such as Coach and Kate Spade, has acquired Capri Holdings Limited (CPRI), home to brands Versace, Jimmy Choo, and Michael Kors, in a deal worth about ...

Other symbols: CPRILVMUYTPR
10 months ago - Investopedia

Luxury goods stocks tumble as Deutsche Bank says they're no longer a slam dunk. Blame the U.S.

The world's richest man might want to listen to what Deutsche Bank had to say about luxury goods profits on Tuesday: the U.S. consumer is turning into a problem.

Other symbols: LVMUY
1 year ago - Market Watch

Swatch Group positive about Chinese market recovery in 2023

Swatch Group is positive about China market recovery from the COVID-19 fallout and the return of Chinese tourists abroad, the Swiss watchmaker said on Tuesday after it reported a 2.5% increase in its ...

1 year ago - Reuters

Swatch CEO Surprised by Success of the MoonSwatch

Swatch Group AG Chief Executive Officer Nick Hayek talks about the surprise success of the MoonSwatch, his outlook for 2023 and why there's no need to regulate the $20 billion market for second-hand l...

1 year ago - Bloomberg Markets and Finance

Swatch Group sticks to outlook as H1 sales, profit advance

ZURICH (Reuters) -Swatch Group stuck to its forecast that sales would rise at a double-digit rate this year after reporting on Thursday increasing first-half profit and sales, helped by the success of...

2 years ago - Reuters

Swatch Group sees no big business impact from Russia crisis

Swiss watchmaker Swatch Group does not expect a material negative impact on its sales or regarding access to raw materials following Russia's invasion of Ukraine, its Chief Executive said on Thursday.

2 years ago - Reuters

Swatch Group returns to profit, sees strong sales ahead

ZURICH (Reuters) -Swiss watchmaker Swatch Group said it expected double-digit sales growth in local currencies this year after sales and profits recovered in 2021.

2 years ago - Reuters

Why It Might Be Time to Invest in Swatch

Swatch is enjoying a resurgence in demand—and because it controls its supply chains, it can deliver what customers want and gain more momentum.

2 years ago - Barrons

Luxury Stocks Tumble as China Targets the Super Rich

Luxury goods stocks tumbled on Thursday as investors became increasingly concerned by developments in China, the sector's largest market.

Other symbols: LVMUY
2 years ago - Barrons

Swatch Group reports improving sales during first half of 2021 -AWP

Swatch Group reported sales of 3.39 billion Swiss francs ($3.70 billion) during the first six months of 2021, Swiss news agency AWP reported on Monday, up from 2.19 billion francs the company posted a...

3 years ago - Reuters

Swatch Group sees catch-up effect on sales in Asia, U.S.

Consumers are willing to splash out on watches in markets where shops are open, in Asia and also the United States, Swatch Group Chief Executive Nick Hayek told an online media briefing on the watchma...

3 years ago - Reuters

Vortic Watch Company Wins Landmark Lawsuit Against Swatch Group Brand, Hamilton

FORT COLLINS, Colo., Sept. 14, 2020 /PRNewswire/ -- Vortic Watch Company announces victory in a trademark case filed against the company by Hamilton Watch International, a Swatch Group brand.

4 years ago - PRNewsWire

Swatch Group free to supply watch movements, says Swiss watchdog

Swatch Group will be free to supply mechanical watch movements wherever it wants, but won't be allowed to abuse its dominant market position by undercutting rivals' prices, Swiss competition watchdog ...

4 years ago - Reuters

Swatch Vows To Be Profitable By Year-End After First Ever Loss. How?

The giant Swiss watchmaker has cut its workforce by 2,400 as part of a turnaround plan to ensure a speedy rebound.

4 years ago - Forbes