Flash Report 3 minutesRegister for Free AccessBurberry (LSE: BRBY) 1Q17 Results: Weak Tourist Spending Pressures Revenues Coresight Research July 13, 2016 Executive Summary Burberry reported fiscal 1Q17 retail revenue of £423 million, unchanged year over year at constant currency. Retail comparable sales were down 3%, largely driven by weak performance in Hong Kong and Macau and a decline in tourist spending. For FY17, Burberry expects total retail revenue growth in the low single digits. The company expects the wholesale business to decline by more than 10%. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 29: UK Closures Up 91%Shoppers Enter “Summer Mode”: US Consumer Tracker 2023, Week 26Discount Decades—US Grocery Discounters: Poised for Growth Amid Inflation and Economic UncertaintyInnovator Profile: Hue Promotes Diversity in E-Commerce Marketing via Shoppable Video
