business
Burberry Q1 Retail Sales Rise 5% but Miss Analyst Forecasts
The luxury retailer posted retail sales of 455 million pounds for the quarter. Comparable sales growth came in slightly below analyst estimates across most regions.
Jul 17, 2:06 AM·1m read1 source
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Burberry reported retail comparable sales growth of 5 percent for the first quarter of 2026. Total retail sales reached 455 million pounds during the period. The figures came in just below analyst expectations of 5.22 percent growth and 454.9 million pounds in sales, according to data compiled by @LiveSquawk.
Greater China comparable sales rose 9 percent, short of the 9.98 percent estimate. Comparable sales in the ENEIA region fell 3 percent, compared with an expected decline of 2.33 percent. The trading update covers the three months ended in June.
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