Company Earnings Update 3 minutesRegister for Free AccessBurberry (LSE: BRBY) FY19 Results: Flat Retail Sales but Retail Comps Grow 2%, Reaffirms 2020 Guidance Coresight Research May 20, 2019 Executive Summary Burberry’s FY19 sales declined 1% to £2.72 billion at constant exchange rates, missing the consensus estimate of flat currency neutral. Adjusted EPS was flat at 82.1 pence, beating the consensus estimate of 81.3 pence. Retail comps grew 2% with low single digit percentage growth in Asia Pacific, EMEA and the Americas. The company confirmed its guidance for FY20: broadly stable revenue and adjusted operating margins at constant exchange rates. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US Grocery Retail and Recessions: Learnings from the Past and Recommendations for the FutureHow Data Sharing and Collaboration Can Accelerate Decision-Making and Enhance SustainabilityUS Apparel and Beauty Spending Tracker, May 2023: Clothing, Footwear and Beauty Spending Growth All Moderate FurtherWeekly US and UK Store Openings and Closures Tracker 2023, Week 6: UK Closures Up 65%
