Swatch Disappoints While Peers Shine -- Market Talk

Dow Jones

Jan 30, 2025

0926 GMT - Swatch results are likely to be received poorly by the market, specially after some of its peers reported revenue growth in the fourth quarter, RBC Capital Markets analyst Piral Dadhania says in a research note. Cartier owner Richemont posted a strong business update earlier this month, with better-than-expected growth at its watches division. Meanwhile, Swatch's earnings before interest and taxes of 304 million Swiss francs, are 40% below consensus expectations and revenues missed the analysts' targets by 3%. Given the magnitude of the disappointment, Swatch's full-year earnings will likely see significant consensus downgrades, Dadhania says. Shares are down 5.7% at 154.30 Swiss francs. (maitane.sardon@wsj.com)

(END) Dow Jones Newswires

January 30, 2025 04:30 ET (09:30 GMT)

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Cartier owner Richemont posted a strong business update earlier this month, with better-than-expected growth at its watches division. Meanwhile, Swatch's earnings before interest and taxes of 304 million Swiss francs, are 40% below consensus expectations and revenues missed the analysts' targets by 3%. Given the magnitude of the disappointment, Swatch's full-year earnings will likely see significant consensus downgrades, Dadhania says. Shares are down 5.7% at 154.30 Swiss francs. (maitane.sardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 30, 2025 04:30 ET (09:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Swatch Disappoints While Peers Shine -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSwatch Disappoints While Peers Shine -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-30 17:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0926 GMT - Swatch results are likely to be received poorly by the market, specially after some of its peers reported revenue growth in the fourth quarter, RBC Capital Markets analyst Piral Dadhania says in a research note. Cartier owner Richemont posted a strong business update earlier this month, with better-than-expected growth at its watches division. Meanwhile, Swatch's earnings before interest and taxes of 304 million Swiss francs, are 40% below consensus expectations and revenues missed the analysts' targets by 3%. Given the magnitude of the disappointment, Swatch's full-year earnings will likely see significant consensus downgrades, Dadhania says. Shares are down 5.7% at 154.30 Swiss francs. (maitane.sardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 30, 2025 04:30 ET (09:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4202","symbol_name":"服装、服饰与奢侈品","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2507438716","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507438716","pubTimestamp":1738229400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0926 GMT - Swatch results are likely to be received poorly by the market, specially after some of its peers reported revenue growth in the fourth quarter, RBC Capital Markets analyst Piral Dadhania says in a research note. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4202":"服装、服饰与奢侈品","SWGAY":"Swatch Group AG","CFRUY":"历峯集团"},"translate_title":"斯沃琪令人失望，而同行却大放异彩——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFRUY":0.9,"SWGAY":0.9},"content_text":"0926 GMT - Swatch results are likely to be received poorly by the market, specially after some of its peers reported revenue growth in the fourth quarter, RBC Capital Markets analyst Piral Dadhania says in a research note. Cartier owner Richemont posted a strong business update earlier this month, with better-than-expected growth at its watches division. Meanwhile, Swatch's earnings before interest and taxes of 304 million Swiss francs, are 40% below consensus expectations and revenues missed the analysts' targets by 3%. Given the magnitude of the disappointment, Swatch's full-year earnings will likely see significant consensus downgrades, Dadhania says. Shares are down 5.7% at 154.30 Swiss francs. (maitane.sardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 30, 2025 04:30 ET (09:30 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}