Company Earnings UpdateBurberry (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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Innovator Profile: ReFiBuy—Solving Research-Find-Buy E-commerce Challenges with Agentic AIInnovator Profile: RetailReady—Transforming Retail Compliance with AI and Computer VisionRetail-Tech Landscape: Retail MediaAnalyst Corner—Trimming Waistlines and Spending: Exploring New Data on GLP-1’s Impact on Consumer Purchases, with John Mercer
