Insight Report 2 minutes PremiumBurberry (LSE: BRBY) 3Q17 Trading Update: Retail Sales Ahead of Expectations Coresight Research January 19, 2017 Executive Summary Burberry reported 3Q17 retail sales growth of 4% to £735 million in constant currency (22% growth in reported currency), above the consensus estimate of £721 million. Comparable-store sales increased 3% year over year, beating analysts’ estimates of 1%. The strong sales performance in the retail business was driven by exceptional strength in the UK, where comparable sales grew 40% year over year, and a return to growth in the Asia Pacific region. The company did not report sales performance figures for the wholesale and licensing divisions. Burberry maintained its outlook for FY17. 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: November 2023 Leading Indicators of US Retail Sales: Projecting Low-Single-Digit Growth for the New YearUS Apparel and Beauty Spending Tracker: February 2023 Clothing and Footwear Spending Posts Solid Growth Despite Strong ComparativesEuropean Grocery Retail Dynamics Amid Broader Inflationary TrendsInnovator Profile: The Metav.rs Web3 Platform Helps Brands To Better Create and Manage Metaverse Experiences
