Flash ReportBurberry (LSE: BRBY) 1H16 Results: In-Line Results Driven by Digital Channel Growth and Product Innovation Coresight Research April 14, 2016 Executive Summary Burberry reported 1H16 revenue of £1.4 billion, down 1% from 1H15 but in line with the consensus estimate. In the retail segment,comparable sales for the period were down2%,but up 1% excluding Hong Kong and Macau. For FY17, the company plans to open 15 mainline stores in its retail segment, which are expected to contribute low–‐single–‐digit growth to total retail revenue. Burberry Expects a 10% decline in the wholesale Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Analyst Corner: Agentic AI—The New Wave of AI Opportunity, with Charlie PoonThe CORE Framework for Artificial Intelligence in RetailRetail Trends and Shopper Traffic Update, Q3: Early Findings & Strategic OutlookUS Store Openings and Closures Midyear 2025 Review and Outlook: Where Does Retail Real Estate Stand in a Year of Disruption? Infographic
