Burberry Expected to Post Sales Drop Despite Better Trends in China -- Market Talk

Dow Jones

01-20

1253 GMT - Burberry could post improving trends in China, but sales are expected to decline, Barclays analysts write in a note. The analysts expect the U.K. luxury group, which is scheduled to publish results for its fiscal third quarter on Friday, to report a 13% decline in retail sales. After last week's release of Richemont's stronger-than-expected revenue results for its fiscal third quarter, Burberry's print will provide further indication about trends in the luxury space, the Barclays analysts say. Comments around the performance in the Americas and Europe will be a key focus after the Swiss group's outstanding results in these two markets, they add. Shares are down 1% at 984 pence. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

January 20, 2025 07:54 ET (12:54 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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The analysts expect the U.K. luxury group, which is scheduled to publish results for its fiscal third quarter on Friday, to report a 13% decline in retail sales. After last week's release of Richemont's stronger-than-expected revenue results for its fiscal third quarter, Burberry's print will provide further indication about trends in the luxury space, the Barclays analysts say. Comments around the performance in the Americas and Europe will be a key focus after the Swiss group's outstanding results in these two markets, they add. Shares are down 1% at 984 pence. 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The analysts expect the U.K. luxury group, which is scheduled to publish results for its fiscal third quarter on Friday, to report a 13% decline in retail sales. After last week's release of Richemont's stronger-than-expected revenue results for its fiscal third quarter, Burberry's print will provide further indication about trends in the luxury space, the Barclays analysts say. Comments around the performance in the Americas and Europe will be a key focus after the Swiss group's outstanding results in these two markets, they add. Shares are down 1% at 984 pence. (andrea.figueras@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 20, 2025 07:54 ET (12:54 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2504233402","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2504233402","pubTimestamp":1737377640,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1253 GMT - Burberry could post improving trends in China, but sales are expected to decline, Barclays analysts write in a note. The analysts expect the U.K. luxury group, which is scheduled to publish results for its fiscal third quarter on Friday, to report a 13% decline in retail sales. After last week's release of Richemont's stronger-than-expected revenue results for its fiscal third quarter, Burberry's print will provide further indication about trends in the luxury space, the Barclays analysts say. Comments around the performance in the Americas and Europe will be a key focus after the Swiss group's outstanding results in these two markets, they add. Shares are down 1% at 984 pence. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"尽管中国市场趋势有所改善，但博柏利预计销售额仍将下降——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFRUY":0.9,"POST":1},"content_text":"1253 GMT - Burberry could post improving trends in China, but sales are expected to decline, Barclays analysts write in a note. The analysts expect the U.K. luxury group, which is scheduled to publish results for its fiscal third quarter on Friday, to report a 13% decline in retail sales. After last week's release of Richemont's stronger-than-expected revenue results for its fiscal third quarter, Burberry's print will provide further indication about trends in the luxury space, the Barclays analysts say. Comments around the performance in the Americas and Europe will be a key focus after the Swiss group's outstanding results in these two markets, they add. Shares are down 1% at 984 pence. (andrea.figueras@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 20, 2025 07:54 ET (12:54 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":1}}}