Strong Swiss franc cuts into Swatch's sales tally


A strong Swiss franc is making life difficult for Swatch (SWGAY), according to the company's CEO.

The exec says the impact of the strong currency is 400M-500M franc ($453M-$566M).

Swatch's growth rate in China and Hong Kong is understated due to the bustling franc.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs