Insight ReportBurberry (LSE: BRBY) 2H17 Trading Update: Sales Buoyed by Accessories, Strong Performance in the UK and Mainland China Coresight Research April 20, 2017 Executive Summary Burberry reported a 2H17 group revenue decline of 1% at constant currency to £1,607 million (up 14% in reported currency), below the consensus estimate of £1,617 million. Retail revenues grew by 3% at constant currency to £1,268 million (up 19% in reported currency). Comps grew by 3%, slightly ahead of the consensus estimate of 2.5%. Wholesale revenues fell by 13% at constant currency to £327 million (down 1% in reported currency) and licensing revenues contracted by 38% at constant currency to £12 million (down 26% in reported currency). The company maintained its expectation for FY17 pretax profit. 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: High-Income Consumers’ Financial Sentiment Reaches New Peak; Facebook Slumps in Social Commerce: US Consumer Survey InsightsEarnings Insights 4Q24, Week 3: Gucci Sales Slump 21%, Plus Updates from Ahold, Amazon, Coty and MoreThe New AI Unicorn—Reka AI Secures $110 Million from NVIDIA and Snowflake: What You Need to KnowAnalyst Corner: US Grocery Real Estate—The Great Divide in 2025, with Sujeet Naik
