Company Earnings Update 3 minutesRegister for Free AccessBurberry (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? Register for a free user account. This document was generated for Other research you may be interested in: Consumer Financial Health Stays Strong: US Consumer Survey Insights 2023, Week 38Weinswig’s Weekly: Walmart Leans In on Automation To Boost MarginsCoresight Bites: China Consumer Tracker—Some Positive Trends Despite Overall High Avoidance of Public PlacesConsumer Demand Sees a Slower Recovery: China Consumer Tracker
