
business
Swatch Reports Lower-Than-Expected First-Half Profits, Anticipates Second-Half Rebound
Swiss watch giant Swatch reported a 5.8 percent drop in net profit for the first half of the year but anticipates a rebound in the second half.
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Latest news and analysis on “sales”.

Swiss watch giant Swatch reported a 5.8 percent drop in net profit for the first half of the year but anticipates a rebound in the second half.

Novartis has announced that its second-quarter sales in 2026 have exceeded expectations, driven by the introduction of new treatments.

Nike's latest earnings report shows a significant profit boost from a tariff refund, but shares fell due to weak sales in China and a cautious forecast.