Yes, performing a factory reset on your Apple Watch will indeed erase all data and settings stored on the device. This process resets the watch back to its original factory state, removing any personal information or customization you have made. Here are the steps to perform a factory reset on your Apple Watch:
1. Open the Settings app on your Apple Watch. This can be done by tapping the digital crown to access the app grid and locating the Settings app icon (gear symbol).
2. Scroll down and tap on "General" within the Settings menu.
3. Swipe down and choose the "Reset" option.
4. Select the "Erase All Content and Settings" option.
5. Enter your passcode when prompted, if applicable.
6. Confirm the reset by selecting "Erase All."
Once the factory reset process is initiated, your Apple Watch will erase all data and settings, including paired Bluetooth devices, Apple Pay cards, synced music, and any personal preferences configured. It will return to its original settings and will need to be set up again as if you were taking it out of the box for the first time.
Please note that performing a factory reset will not affect your iPhone or other devices paired with your Apple Watch. It solely resets the Apple Watch itself.