Watches of Switzerland Surges 14%; Richemont Named Top Pick at Four Banks

June 2, 2026: Watches of Switzerland Surges 14%; Richemont Named Top Pick at Four Banks============================================================Tickers covered: WOSG.L | CFR.SW | MC.PA | KER.PA | UHR.SWIn this episode:Watches of Switzerland (WOSG.L — LSE)- Stock surged 14% on FY2026 earnings- Group sales: GBP 1.83B, up 13% at constant currency- US sales: +24% YoY, now more than half of group revenue- FY2027 guidance: 5-10% growth at constant currencyAnalyst Ratings- Deutsche Bank adds Richemont to "Most Preferred" alongside LVMH and Burberry- Richemont now consensus top pick across Deutsche Bank, UBS, JPMorgan, and HSBC- Kering and Moncler designated "Least Preferred" by Deutsche Bank- Kering (KER.PA) ex-dividend today at EUR 2.75 per shareChina Outlook- Bain & Co projects Chinese luxury spending +6% in 2026, reversing -5% in 2025- Chinese shoppers account for more than 25% of annual global luxury sales- Structural shift toward luxury experiences (hospitality, cruises, dining) and away from traditional goodsSector Snapshot at Close- LVMH (MC.PA): ~EUR 473, down 26% YTD- Richemont (CFR.SW): near record high CHF 161.80- Swatch (UHR.SW): CHF 215- Watches of Switzerland (WOSG.L): up 14% today- Kering (KER.PA): ex-dividend EUR 2.75Links:- ALT/FNDATA: https://www.altfndata.com- Watches of Switzerland Q4 2026 earnings: https://www.investing.com/news/transcripts/earnings-call-transcript-watches-of-switzerland-q4-2026-sees-stock-surge-93CH-4687393- Deutsche Bank luxury ratings: https://www.cityam.com/city-broker-downgrades-outlook-for-luxury-stocks-lvmh-burberry-and-richemont/- Richemont FY2026 results: https://www.richemont.com/news-media/press-releases-news/richemont-delivers-strong-sales-growth-and-solid-results-for-the-year-ended-31-march-2026/Also from ALT/FNDATA:- Open Bid — Mon-Fri at 6 AM ET- Art Market — Tuesdays at 8 AM ET