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BURBY / Burberry: Good Progress, Competitive Multiples

Burberry: Good Progress, Competitive Multiples
Burberry's share price has been lacklustre recently, which is in stark contrast with its healthy trading update. Its same-store sales rose by 18% in Q1 FY24. These were driven by China's recovery, which more than made up for the pullback in sales from the Americas and even some softening in the European Market. My forecasts based on conservative revenue growth estimates indicate a competitive forward P/E, indicating further upside. Read More
Posted: Sep 26 2023, 00:30
Author Name: Seeking Alpha
Views: 112583

BURBY News  

JWN or BURBY: Which Is the Better Value Stock Right Now?

By Zacks Investment Research
October 25, 2023

JWN or BURBY: Which Is the Better Value Stock Right Now?

Investors with an interest in Retail - Apparel and Shoes stocks have likely encountered both Nordstrom (JWN) and Burberry Group PLC (BURBY). But which more_horizontal

Is Burberry in trouble following LVMH sales miss?

By Proactive Investors
October 11, 2023

Is Burberry in trouble following LVMH sales miss?

Louis Vuitton Moet Hennessy (EPA:MC), the luxury goods conglomerate, missed revenue targets by about 4% in the third quarter as the high-end goods mar more_horizontal

Citi brokers react to Burberry's Daniel Lee collection

By Proactive Investors
October 9, 2023

Citi brokers react to Burberry's Daniel Lee collection

Fashion boffins at Citi visited Burberry Group PLC (LSE:BRBY)'s refurbished Bond Street store and came away with moderately good things to say about c more_horizontal

Daniel Lee's Burberry turnaround vision dashed by analysts

By Proactive Investors
October 3, 2023

Daniel Lee's Burberry turnaround vision dashed by analysts

Daniel Lee's appointment as Burberry Group PLC (LSE:BRBY)'s chief creative officer in September 2022 came with high hopes of a turnaround for an iconi more_horizontal

Marks & Spencer, Burberry lead the call for a clampdown on shoplifting

By Proactive Investors
October 2, 2023

Marks & Spencer, Burberry lead the call for a clampdown on shoplifting

Major UK retailers such as Burberry PLC, John Lewis, and Marks and Spencer Group PLC (LSE:MKS) have urged the Home Secretary, Suella Braverman, to add more_horizontal

Burberry's new Bond Street store performing well

By Proactive Investors
September 28, 2023

Burberry's new Bond Street store performing well

Burberry Group PLC (LSE:BRBY) shares perked up 1.3% on Thursday following a well received analyst visit to its newly renovated Bond Street flagship st more_horizontal

Burberry outlook uncertain as luxury headwinds mount, say brokers

By Proactive Investors
September 27, 2023

Burberry outlook uncertain as luxury headwinds mount, say brokers

Burberry's first-half sales should have risen by around 7%, according to analysts at Barclays, with 4% growth in the second quarter. Interims are due more_horizontal

Burberry price target cut on lower growth forecasts

By Proactive Investors
September 26, 2023

Burberry price target cut on lower growth forecasts

Burberry Group PLC (LSE:BRBY) shares have been marked 2,2% lower after Morgan Stanley (NYSE:MS) cut its price target for the luxury goods retailer. more_horizontal


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