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: US Store Tracker Extra, March 2023: Retailers To Close 31 Million Square Feet of Retail Space in 2023Weinswig’s Weekly: Elevated Gasoline Prices and the Pressures on Consumer WalletsWhat the Ozempic Economy Means for US RetailWeinswig’s Weekly: Health Is Wealth
