Your email has been successfully added to our mailing list.

×
0 -0.000235543516664657 -0.000588858791661726 -0.0029442939583088 -0.00317983747497345 -0.0023554351666469 -0.00294429395830863 0.000471087033329481
Stock impact report

Breitling Breaks into Top 10 Swiss Watch Brands as Sales Jump [BNN Bloomberg (Canada)]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: BNN Bloomberg
The Grenchen, Switzerland-based company is the ninth biggest, according to estimates by Morgan Stanley and LuxeConsult, in a report published Tuesday. Best known for its pilot-themed watches including the Navitimer chronometer, Breitling's sales rose to 860 million Swiss francs ($938 million) in 2022, according to estimates in the report. The climb into the top 10 caps a turnaround effort led by Kern, a former Richemont executive, who focused on fewer models and streamlined distribution. Partners Group Holding AG bought majority control of Breitling from private equity firm CVC Capital Partners, valuing it at about 4.2 billion Swiss francs, Bloomberg News reported in December. Breitling has flourished with strong sales in the US, which is driving an unprecedented boom in demand for luxury Swiss watches, the report said. Rolex SA remained the dominant Swiss brand with sales of 9.3 billion francs and a 29% market share, the report said. Richemont's Cartier was second with sal Show less Read more
Impact Snapshot
Event Time:
MS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MS alerts
Opt-in for
MS alerts

from News Quantified
Opt-in for
MS alerts

from News Quantified