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: September 2023 UK Retail Sales: Growth Slows Amid Continuing Cost of Living Pressures and Unseasonably Warm WeatherResearch Preview: Market Navigator—US Retail and E-CommerceInnovator Profile: Puller AI—Empowering Retail Teams To Access Critical Data Effortlessly with a No-Code PlatformWeekly US and UK Store Openings and Closures Tracker 2023, Week 14: Harbor Freight Tools and Urban Outfitters Drive US Openings
