BRBY.L - Burberry Group plc

LSE - LSE Delayed price. Currency in GBp
2,150.00
-113.00 (-4.99%)
At close: 4:35PM GMT
Stock chart is not supported by your current browser
Previous close2,263.00
Open2,280.00
Bid2,148.00 x 0
Ask2,149.00 x 0
Day's range2,147.76 - 2,284.00
52-week range1,678.00 - 2,362.00
Volume1,953,089
Avg. volume1,487,465
Market cap8.747B
Beta (5Y monthly)0.58
PE ratio (TTM)24.83
EPS (TTM)86.60
Earnings date14 Nov 2019
Forward dividend & yield0.43 (1.89%)
Ex-dividend date19 Dec 2019
1y target est1,915.22
  • Reuters - UK Focus

    LIVE MARKETS-Closing snapshot: Change of heart

    * European shares little changed * DAX flat after hitting new record peak * Worries over spreading Coronavirus ease * Italian banks fall on fresh political uncertainty * S&P 500, Nasdaq aim for record on IBM earnings Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni.

  • Reuters - UK Focus

    LIVE MARKETS-Autos decoupling from DAX: a trade war put option?

    * European shares little changed * DAX flat after hitting new record peak * Worries over spreading Coronavirus ease * Italian banks fall on fresh political uncertainty * S&P 500, Nasdaq aim for record on IBM earnings Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Barclays anticipates better days ahead for earnings in 2020 rather than the actual Q4 numbers and overall, it says you shouldn't expect much of a boost in share prices from the results as the U-shaped recovery has been largely priced in.

  • Reuters - UK Focus

    LIVE MARKETS-Ponzi Market?

    * European shares little changed * DAX flat after hitting new record peak * Worries over spreading Coronavirus ease * Italian banks fall on fresh political uncertainty * S&P 500, Nasdaq aim for record on IBM earnings Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net PONZI MARKET? In a note titled, "Global Central Banks Fuelling a Ponzi Market a Ponzi Market", Guggenheim Investments CIO Scott Minerd says the only reason investors keep adding to risk is the fear that prices will be higher tomorrow.

  • Reuters - UK Focus

    LIVE MARKETS-Trade truce: much ado about nothing

    * European shares little changed after higher open higher * DAX flat after hitting new record peak * Worries over spreading Coronavirus ease * Italian banks fall on fresh political uncertainty * S&P 500, Nasdaq aim for record on IBM earnings Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net TRADE TRUCE: MUCH ADO ABOUT NOTHING (1429 GMT) How would you react if you were told that the trade truce between U.S. and China would at best boost global trade for this year by just $20 billion (that's much lesser than how much Apple grew its revenue last year)?

  • Burberry weathers Hong Kong slump by selling more in mainland China
    Reuters

    Burberry weathers Hong Kong slump by selling more in mainland China

    Luxury fashion label Burberry upgraded its full-year sales forecast on Wednesday as demand for Riccardo Tisci's new collections in Europe and mainland China offset a slump in Hong Kong. Burberry, famed for its trenchcoats and check scarves, said its sales in Hong Kong halved in the 13 weeks to Dec. 28, its third quarter, as large scale demonstrations in the territory since June have deterred visitors from mainland China. Chinese luxury shoppers are a major focus for Burberry and a recent outbreak of a new coronavirus in China, which has killed nine and infected 440 so far, poses another risk to the luxury sector if travel is affected.

  • Reuters - UK Focus

    LIVE MARKETS-Italy risks are back but don't worry too much

    * European shares open higher; DAX hits new record peak * Worries over spreading Coronavirus ease * Italian banks fall on fresh political uncertainty * S&P 500, Nasdaq futures also touch new record high * Asian shares up, investors welcome China virus response Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Risks of an early election handing power to right-wing leader Matteo Salvini look small and some investors see the drop in Italian assets as a possible buying opportunity.

  • Reuters - UK Focus

    LIVE MARKETS-Tesla vrooms past VW to become no. 2

    * European shares open higher; DAX hits new record peak * Worries over spreading Coronavirus ease * Asian shares up, investors welcome China virus response Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. 2 (1038 GMT) One hundred billion dollars (purposely spelled out) -- that's what Tesla is expected to be worth when U.S. markets open later today, dethroning car behemoth Volkswagen to become the world's second-biggest automaker by market cap. "The rise in the value of Tesla tells us little about the health of the car market (modest in the U.S., weaker in Germany and China), but a lot about investor behaviour and the state of banking," says Mike O'Sullivan, author and ex-CIO at Credit Suisse IWM.

  • Burberry Falls Victim to Hong Kong Protests Eroding Sales
    Bloomberg

    Burberry Falls Victim to Hong Kong Protests Eroding Sales

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Burberry Group Plc became the latest victim of the Hong Kong protests as sales in that market dropped by half over the Christmas quarter, while the spread of a new viral disease in Asia risks dimming the outlook further.The stock fell as much as 4.1% even after the company raised its forecast for full-year sales growth to a low single-digit percentage.Asian demand is crucial to the British maker of $2,000 trenchcoats and $470 scarves, which gets about 40% of its sales from Chinese shoppers. After political protests in Hong Kong led to store closures and weighed on tourism for months, the luxury industry is now bracing for the impact of a lung ailment that first appeared in China in December. Hong Kong reported a suspected first case of the disease today.The World Health Organization is set to decide Wednesday whether to declare the virus an international public health emergency, just before millions of people prepare to travel for the Chinese Lunar New Year holiday. That could weigh on tourism and consumption on the mainland, where growth has been compensating for the slump in Hong Kong. Burberry is preparing to showcase its autumn-winter collection in Shanghai for this first time in April.Retail growth came in just ahead of the consensus for the company’s fiscal third quarter, which ran through December. The stock has been strong recently, gaining 27% in 2019.Revenue in Hong Kong slumped in the period as the protests led to a drop in Chinese tourists. Sales on the mainland rose more than 10%. Burberry said it’s trying to lower rents in Hong Kong to lower costs there.While Burberry’s global growth has improved, it’s still lagging peers nearly two years after the head designer, Riccardo Tisci, was hired and about three years since Chief Executive Officer Marco Gobbetti joined. Both came from top luxury rival LVMH.Revenue KeyThe company is targeting improvements in profitability from next year, yet top-line growth is the priority at this point, Chief Financial Officer Julie Brown told reporters on a conference call.“We’ve got the cost base under tight control,” Brown said. “We’re in a position to leverage the business. That said, we will always prioritize investment. We believe the revenue growth is key at this stage.”A retooled aesthetic with new products, logos, and store decor is fueling interest at Burberry. New products made up three-quarters of the assortment. But with stores as far-flung as a boutique in Paris’s posh 8th district and an outlet mall in Dawsonville, Georgia, the transition to a new Burberry is taking time.“Brand heat is improving but we are unsure that it is strong enough to take market share from the sector winners,” wrote Piral Dadhania, an analyst at RBC. The company previously forecast flat sales this year.(Updates with details on Hong Kong, illness in third paragraph)\--With assistance from Albertina Torsoli.To contact the reporter on this story: Robert Williams in Paris at rwilliams323@bloomberg.netTo contact the editors responsible for this story: Eric Pfanner at epfanner1@bloomberg.net, Thomas Mulier, Marthe FourcadeFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • £1k to invest? I’d buy this FTSE 100 growth stock, but shun this FTSE 250 faller
    Fool.co.uk

    £1k to invest? I’d buy this FTSE 100 growth stock, but shun this FTSE 250 faller

    This FTSE 100 (INDEXFTSE:UKX) growth hero looks like a strong long-term buy-and-hold to me.The post £1k to invest? I'd buy this FTSE 100 growth stock, but shun this FTSE 250 faller appeared first on The Motley Fool UK.

  • Reuters - UK Focus

    LIVE MARKETS-Did you spot the stealth STOXX 600 record high?

    * Asian shares up, investors welcome China virus response Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni.

  • Reuters - UK Focus

    LIVE MARKETS-Opening snapshot: new peak for the DAX - confirmed

    * Asian shares up, investors welcome China virus response Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Expectations tech could get support from IBM results and the update from ASML didn't prove fully true however. The index is up just 0.2%, weighed down by a 2% slide in Prosus after e-commerce group Naspers sold a stake in its subsidiary, while ASML is also down as its Q1 2020 sales guidance disappointed.

  • Reuters - UK Focus

    China virus scare sends shudder through European luxury goods sector

    European luxury stocks slumped across the board on Tuesday on fears that the coronavirus virus outbreak in China could hurt sales of high-end brands that had managed to weather months of protests in Hong Kong. Chinese shoppers account for 35% of global luxury goods sales and 90% of last year's growth in the market, according to consultancy Bain & Company, which produces closely followed forecasts for the sector. Such statistics illustrate the damage that could be done to luxury goods companies if health fears deter Chinese consumers from travelling or going shopping at home.

  • Stocks dive amid deadly virus outbreak in China
    Yahoo Finance UK

    Stocks dive amid deadly virus outbreak in China

    Airline groups and luxury goods makers have sold off sharply amid an outbreak of a deadly new strain of coronavirus in China.

  • No savings at 40? I’d buy these FTSE 100 dividend stocks for a passive income
    Fool.co.uk

    No savings at 40? I’d buy these FTSE 100 dividend stocks for a passive income

    This Fool believes these are the best income stocks in the FTSE 100 that investors can buy today. The post No savings at 40? I'd buy these FTSE 100 dividend stocks for a passive income appeared first on The Motley Fool UK.

  • Forget gold and Bitcoin. I’d buy these 2 FTSE 100 stocks to achieve financial freedom
    Fool.co.uk

    Forget gold and Bitcoin. I’d buy these 2 FTSE 100 stocks to achieve financial freedom

    These two FTSE 100 (INDEXFTSE:UKX) shares could deliver higher returns than gold and Bitcoin in my view.

  • Ex-LVMH chair: 'We have an awful lot of' luxury brands out there
    Yahoo Finance

    Ex-LVMH chair: 'We have an awful lot of' luxury brands out there

    According to one top luxury executive, the sector can’t sustain its current rate of growth — and might need to consolidate further.

  • Does Burberry Group plc's (LON:BRBY) CEO Salary Compare Well With Others?
    Simply Wall St.

    Does Burberry Group plc's (LON:BRBY) CEO Salary Compare Well With Others?

    Marco Gobbetti became the CEO of Burberry Group plc (LON:BRBY) in 2017. This analysis aims first to contrast CEO...

  • Best shares for January 2020
    Fool.co.uk

    Best shares for January 2020

    We asked our freelance writers to share their top stock picks for the month.

  • 3 FTSE 100 investments I’d make for 2020 and beyond
    Fool.co.uk

    3 FTSE 100 investments I’d make for 2020 and beyond

    I’m bullish on good-quality shares and investments such as these.

  • How to Make Money Out of Misery
    Bloomberg

    How to Make Money Out of Misery

    (Bloomberg Opinion) -- Billionaire Mike Ashley has unpacked a haul of good news from his giant Sports Direct bag, the first investors in the sportswear-to-statement jacket empire have enjoyed for a while.After a dismal showing in July — when Sports Direct International Plc first delayed its full-year earnings statement, and then accompanied it with news it faced a surprise tax bill in Belgium potentially worth 674 million euros ($750 million) — the bar for doing better was pretty low.But the group seems to be stabilizing after the tumultuous period in the wake of its acquisition of the troubled House of Fraser department store chain in August 2018.For now, Sports Direct hasn’t split out House of Fraser’s sales and profits. Instead, the storied British chain has been lumped in with the premium lifestyle division, which includes the upmarket Flannels boutiques. In the half year to Oct. 27, the unit made a loss on an underlying Ebitda basis of 5.6 million pounds, compared with a deficit of 29 million pounds in the year-earlier period.This implies House of Fraser’s losses shrunk noticeably. Tony Shiret at Whitman Howard estimates the loss at about 10 million pounds, compared with 31.5 million pounds previously.This all led Ashley to declare “green shoots of recovery” at the department store. More importantly, he also had good news for the outlook. The company now expects full-year underlying Ebitda of between 356.4 million pounds and 390.3 million pounds. That’s up by between 5% and 15% — the range the company has historically targeted — from 339.4 million pounds in the year to April 2019, excluding House of Fraser.Ashley also provided reassurance on the Belgian tax bill, saying that it won’t be such a big problem after all, and should not lead to a material charge. Finally, a 120 million-pound sale and leaseback for Sports Direct’s Shirebook campus has helped to halve net debt, which had been ratcheting up.The shares rose as much as 27%. But investors shouldn’t get too ahead of themselves. First of all, there is still work to do at House of Fraser. While the group will move forward with a number of stores under the Frasers banner — also the new name for Sports Direct — more outlets will close. Sports Direct must also convince the luxury brands to back his Frasers vision, although this should receive a boost from the Flannels offering. Brands such as Burberry Group Plc were much in evidence at Flannels’ new flagship on London’s Oxford Street.While much attention has focused on House of Fraser, it and Flannels are still a small part of the group. It is the core Sports Direct sportswear stores that drive the performance. Here sales, excluding acquisitions, fell 8.6%, as Sports Direct took the division upmarket. Revamped stores are performing well, and selling more expensive items, together with less discounting, is bolstering margins. But the group can’t let up the pace of these refurbishments. Ashley will have to convince the big sportswear brands, Nike Inc. and Adidas AG to supply it with their hottest sneakers, just at a time when Nike is becoming more choosey about who it sells to.And let’s not forget the risk of impulsive action from Ashley himself. The strategy of taking advantage of others’ misery by acquiring brands to sell in his stores is a sensible one. But the dangers of overstretch, as well as unconventional corporate governance moves, are ever present.Compared to this time last year, Sports Direct has things under more control. Investors will be looking out to see if the same can the same be said of its unpredictable founder.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Burberry Group plc (LON:BRBY) Looks Interesting, And It's About To Pay A Dividend
    Simply Wall St.

    Burberry Group plc (LON:BRBY) Looks Interesting, And It's About To Pay A Dividend

    It looks like Burberry Group plc (LON:BRBY) is about to go ex-dividend in the next 3 days. You can purchase shares...

  • Calculating The Fair Value Of Burberry Group plc (LON:BRBY)
    Simply Wall St.

    Calculating The Fair Value Of Burberry Group plc (LON:BRBY)

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Burberry Group plc...

  • Reuters - UK Focus

    UPDATE 2-FTSE 100 enjoys best day since July

    Banks and miners propelled London's FTSE 100 to its best day in more than four months on Friday as optimism around the Sino-U.S. trade talks rose, but recent mixed signals on prospects of a deal still led the index to its worst week in two months. The more domestically-focussed FTSE 250 rose 1.1% and bagged its sixth straight week of gains. U.S. President Donald Trump's comments that the trade talks were "moving right along" and China's decision to waive imports tariffs for some soybeans and pork from the United States lifted sentiment as a torrid week drew to a close.

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