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The bank had forecast 2.95 billion pounds, and 407 million pounds, respectively. RBC Capital Markets said Burberry’s adjusted EBIT was 3 percent higher than consensus, reflecting the brand’s.
SALES FORECAST: The British luxury group is expected to book revenue of 1.08 billion pounds (.38 billion) for the six months ended Sept. 28, according to company .
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Even assuming that cheaper products drove average annual sales growth of 10 per cent from 2025 to 2030 and ebitda margins settled in the high teens, Burberry would be worth .LONDON, Jan 19 (Reuters) - British luxury brand Burberry (BRBY.L) expects to beat profit expectations after its full-price sales accelerated in the third quarter, driven by a strong performance.
Burberry was the latest fashion brand to warn of a global slump in luxury demand on Thursday as it sounded the alarm on profit expectations for the year. The bank had forecast 2.95 billion pounds, and 407 million pounds, respectively. RBC Capital Markets said Burberry’s adjusted EBIT was 3 percent higher than consensus, reflecting the brand’s. SALES FORECAST: The British luxury group is expected to book revenue of 1.08 billion pounds (.38 billion) for the six months ended Sept. 28, according to company-compiled consensus estimates by .
Even assuming that cheaper products drove average annual sales growth of 10 per cent from 2025 to 2030 and ebitda margins settled in the high teens, Burberry would be worth perhaps £7bn by the .
LONDON, Jan 19 (Reuters) - British luxury brand Burberry (BRBY.L) expects to beat profit expectations after its full-price sales accelerated in the third quarter, driven by a strong performance. Burberry was the latest fashion brand to warn of a global slump in luxury demand on Thursday as it sounded the alarm on profit expectations for the year.
LONDON, Jan 12 (Reuters) - Britain's Burberry (BRBY.L) blamed a worsening slowdown in demand for luxury goods for its second downgrade in three months, and warned of a tough challenge ahead as it. Burberry on Friday warned that its full-year operating profit would be lower than previously forecast, blaming disappointing retail sales over the holiday period, amid a wider slowdown in luxury demand. Burberry’s Q1 results for fiscal year 2025, published on Monday, showed that retail sales fell 22 per cent to £458 million, and it expects to report an operating loss for the first half of the year. Some analysts say Burberry’s price increases were overly aggressive.
LOWER FORECAST. Burberry expects full-year 2023/24 adjusted operating profit in a range of between 410 million pounds (3 million) and 460 million pounds. In November, it had said the key.LONDON, Jan 12 (Reuters) - Britain's Burberry (BRBY.L) blamed a worsening slowdown in demand for luxury goods for its second downgrade since November, and warned of a tough challenge ahead as it. The bank had forecast 2.95 billion pounds, and 407 million pounds, respectively. RBC Capital Markets said Burberry’s adjusted EBIT was 3 percent higher than consensus, reflecting the brand’s.
SALES FORECAST: The British luxury group is expected to book revenue of 1.08 billion pounds (.38 billion) for the six months ended Sept. 28, according to company-compiled consensus estimates by . Even assuming that cheaper products drove average annual sales growth of 10 per cent from 2025 to 2030 and ebitda margins settled in the high teens, Burberry would be worth perhaps £7bn by the .LONDON, Jan 19 (Reuters) - British luxury brand Burberry (BRBY.L) expects to beat profit expectations after its full-price sales accelerated in the third quarter, driven by a strong performance. Burberry was the latest fashion brand to warn of a global slump in luxury demand on Thursday as it sounded the alarm on profit expectations for the year.
LONDON, Jan 12 (Reuters) - Britain's Burberry (BRBY.L) blamed a worsening slowdown in demand for luxury goods for its second downgrade in three months, and warned of a tough challenge ahead as it. Burberry on Friday warned that its full-year operating profit would be lower than previously forecast, blaming disappointing retail sales over the holiday period, amid a wider slowdown in luxury demand. Burberry’s Q1 results for fiscal year 2025, published on Monday, showed that retail sales fell 22 per cent to £458 million, and it expects to report an operating loss for the first half of the year. Some analysts say Burberry’s price increases were overly aggressive.
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LOWER FORECAST. Burberry expects full-year 2023/24 adjusted operating profit in a range of between 410 million pounds (3 million) and 460 million pounds. In November, it had said the key.
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Burberry news today
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