Burberry Group plc (LON: BRBY)
London
· Delayed Price · Currency is GBP · Price in GBp| Market Cap | 3.05B |
| Revenue (ttm) | 2.66B |
| Net Income (ttm) | 38.00M |
| Shares Out | 357.28M |
| EPS (ttm) | 0.11 |
| PE Ratio | 80.52 |
| Forward PE | 83.02 |
| Dividend | n/a |
| Ex-Dividend Date | Jun 27, 2024 |
| Volume | 263,284 |
| Open | 848.80 |
| Previous Close | 852.60 |
| Day's Range | 831.00 - 851.60 |
| 52-Week Range | 555.61 - 1,579.00 |
| Beta | 1.06 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 14, 2024 |
About Burberry Group
Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, eyewear, shoes, beauty, and accessories, as well as leather goods, such as bags. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks. It sells its products through Burberry mainline stores, concessions, outlets, digital commerce, Burberry franch... [Read more]
Financial Performance
In 2023, Burberry Group's revenue was 2.97 billion, a decrease of -4.07% compared to the previous year's 3.09 billion. Earnings were 270.00 million, a decrease of -44.90%.
Financial StatementsNews
Burberry shares are down 40%. One hedge fund manager says the stock offers 'good value' right now
Investors have welcomed Burberry's new turnaround plan but shares remain down around 40% year-to-date.
In the short-term there's 'good value' in Burberry shares, says hedge fund manager
David Neuhauser, managing director and founder at hedge fund Livermore Partners, told CNBC that patient investors could benefit from the turnaround taking place at luxury goods maker Burberry. However...
50 million people have stopped buying luxury brands like Dior and Burberry after ‘broken promises’ to customers
‘A fabulous ice cream sundae is boring by the time you have it the fifth time,’ a retail analyst told Fortune
Burberry: Dismal Results But Wait For The Next Update
Burberry's stock price spiked recently following its interim results, which is striking considering that neither the financials nor the outlook encourage...
Isabel + Helen: the sculptors reimagining fashion displays
The London-based design duo have created playful kinetic installations for Burberry, Cartier and Hermès
Burberry boss goes back to fashion basics in a bid to halt decline
Burberrys recently appointed chief executive officer has pledged to return the British fashion brand to its roots as a maker of trenchcoats and scarves, in a move welcomed by investors.
Realism arrives at Burberry after fashion (and share buyback) mistakes
After stunning collapse in profits, chief executive aims to ‘course correct’ and ‘celebrate heritage’ The prize for the most hubristic share buyback of recent years goes to Burberry. Only 12 months ag...
Burberry hopes 'scarf bars,' puffer jackets and classic styles can drive turnaround
Burberry is hoping "scarf bars" in its stores, new ranges of puffer jackets, and a sharper focus on its classic products rather than new fashions will help to turn its brand around.
Burberry’s new strategy is one check on a long list
Returning to its roots may take luxury retailer back to the root of its problem
Embattled fashion house Burberry reveals massive overhaul sending shares to an all-time high
Burberry is aiming to boost waning sales by refocusing on heritage designs and statement pieces under sweeping revamp plans announced Thursday. Shares jumped over 22% on the announcement, logging thei...
Burberry reveals turnaround plan should you invest in luxury stocks?
Burberry unveiled a new strategy this morning after reporting a pre-tax loss of 80 million. Will the stock come back into fashion and should you invest in luxury goods companies?
Burberry's turnaround plan: what to make of shares jumping 22% despite losses?
British luxury fashion giant Burberry has embarked on a £40 million cost-saving programme as part of a comprehensive turnaround strategy unveiled by its new chief executive, Joshua Schulman. Appointed...
Burberry Puts Trenchcoats and Scarves at Center of New Strategy
Burberry (BURBY) on Thursday outlined a new strategy that will focus on scarves and the outerwear such as trenchcoats it is known for as the British luxury group reels from a sharp quarterly loss.
Burberry shares soar 20% as new CEO pledges focus on fashion brands’ heritage
Shares in Burberry jumped by a fifth after the British fashion brand’s new boss pledged to “act with urgency to course correct” the company after it swung to a first-half loss.
Burberry shares soar as new CEO Josh Schulman admits ‘lack of focus on outerwear,’ vowing to turn losses around
Burberry also plans to slash costs by millions and has set a lofty new revenue target under CEO Josh Schulman.
Burberry jumps after chief vows to ‘act with urgency’ following loss
Stock rises nearly 15% as luxury brand sets out plan to refocus on core products such as trench coats and scarves
Burberry launches urgent turnaround plan to save the brand
Burberry's CEO Joshua Schulman says the brand is undergoing an urgent "course correct." The strategy aim comes as the luxury brand reports revenue plummeted 22% in its interim results.
Burberry Ramps Up Turnaround in Effort to Revive Brand
The luxury group said it was taking steps to cut costs and change its pricing strategy, after it slid to a first-half loss on sharply lower sales.
Burberry Ramps Up Turnaround in Effort to Revive Brand
The luxury group said it was taking steps to cut costs and change its pricing strategy, after it slid to a first-half loss on sharply lower sales.
Burberry’s turnaround chief plans £40m cuts and ‘scarf bar’ rollout
Shares in fashion brand jump as ‘urgent’ cost-cutting programme announced following half-year losses Business live – latest updates Burberry has unveiled a £40m cost-cutting programme as its new chief...
Burberry launches turnaround as sales continue to slump
The luxury fashion house is planning £40 million in savings, promising to focus on its ‘core’ products and customers in future.
Burberry launches "urgent" turnaround plan on sales slump and fall into the red
First half sales tumbled by 22% to £1.09 billion, down from just under £1.4 billion last year
Burberry CEO Vows to Overhaul Brand After 20% Drop in Sales
Burberry Group Plc’s recently appointed chief executive officer said he has a plan to rebuild sales and profit as quarterly performance tumbled at the ailing UK fashion label.
Burberry announces turnaround plan as sales continue to slide
Burberry's new CEO Joshua Schulman announced a turnaround strategy for the struggling British luxury brand on Thursday, as sales continued to slide in its second quarter.
