Burberry Group plc (BRBY.L)
Chart Events
Performance Outlook
| Previous Close | 1,584.00 |
| Open | 1,585.50 |
| Bid | 1,586.00 x 0 |
| Ask | 1,588.00 x 0 |
| Day's Range | 1,558.00 - 1,597.00 |
| 52 Week Range | 1,473.50 - 2,267.00 |
| Volume | |
| Avg. Volume | 1,556,420 |
| Market Cap | 6.416B |
| Beta (5Y Monthly) | 1.15 |
| PE Ratio (TTM) | 13.73 |
| EPS (TTM) | 116.10 |
| Earnings Date | Nov 10, 2021 - Nov 15, 2021 |
| Forward Dividend & Yield | 0.54 (3.43%) |
| Ex-Dividend Date | Dec 16, 2021 |
| 1y Target Est | 2,019.00 |
- WWD
Luxury Is the Future Says Burberry as It Preps for Mega China Rebound
Burberry foresees a rebound in China, and is "investing ahead of the curve," said Julie Brown, chief operating and chief financial officer.
- Financial Times
Burberry shrugs off China lockdowns to stick by growth targets
Burberry has said its prospects this year will depend on the impact of Covid-19 in China, but maintained its prediction of high single-digit sales growth and better margins as it sells more products at full price. Chinese consumers globally account for £2 in every £5 spent at the UK’s only big luxury goods retailer, and chief financial officer Julie Brown acknowledged “significant disruption” from a resurgence of coronavirus in the world’s second-largest economy. “Around 40 per cent of our network [in China] is affected at the moment,” said Brown.
- Yahoo Finance UK
Burberry shares rise on surging sales and plan to open 38 more stores
The British luxury goods retailer warned of a dim outlook amid COVID lockdowns in China – its biggest market.
