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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Burberry Group Plc | BRBY | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -30.00 | -2.58% | 1,134.50 | 16:35:17 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1,151.00 | 1,124.00 | 1,155.00 | 1,134.50 | 1,164.50 |
| Industry Sector |
|---|
| PERSONAL GOODS |
| Top Posts |
|---|
Posted at 05/1/2020 13:10 by sogoesit Analysis/speculation in Chronic Investor as a Buy (2020 annual pick) on following basis:- Gobbetti and Tisci strategy coming good; - "solid" cash generation despite increased capex; - mainland China sales growth in mid teens (excl. HK); - partnering with Tencent (0700.HK) in developing "social retail" in China to start at new store to open in Shenzen; - consolidation in luxury sector (LVMH (MC.PA) buys Tiffany). |
Posted at 13/7/2017 11:55 by philanderer Burberry retains lustre in ChinaInvestors in Burberry (BRBY) received a welcome surprise yesterday when the luxury goods maker reported better-than-expected sales, up 4% in the first quarter. The shares jumped 3.2% to £16.30 as investors welcomed the companies’ news that ‘top customers’ were returning to its products. ‘In other words, the Chinese are spending again,’ said Steve Clayton, who holds 3.6% of his HL Select UK Growth Shares fund in the stock. ‘Retail sales on the mainland were in the mid-teens and Hong Kong continues to improve after a tough patch. ‘This is an encouraging performance from Burberry, which looks to be at long last pulling out of the doldrums. With an acceleration in new product launches set for the second half of the year, the underlying progress at Burberry should improve steadily.’ |
Posted at 12/7/2017 23:51 by philanderer Burberry shares jump 5% following encouraging Q1 trading update........While we still maintain our ‘Hold’ recommendation on the stock, we would not discourage investors from buying on the dips for those seeking capital growth and willing to accept a medium level of risk. |
Posted at 12/7/2017 12:11 by philanderer What analysts think of Burberry's trading update....Ken Odeluga, senior market analyst at City Index, said the increase in Burberry's share price reflects "palpable relief" after an "unexpectedly solid advance in first-quarter comparable sales growth and the most promising underlying trend in China for at least three years". Odeluga noted that the 4% increase in comparable sales beat average forecasts of 2.3% and represented the "best sign of a potential group sales rebound for several quarters". "Burberry’s newest ranges and leather goods were the stand-out products in the first quarter, reducing concerns among some investors about potential C-Suite tensions following the sideways progression of former CEO Christopher Bailey to a full-time creative leadership role. "Leather spans all product ranges and accessories, Burberry’s highest-revenue category, which was also bolstered by the DK88 handbag range which sells for as much as £2,495 per unit, according to the group’s paid search advertising." UBS said first quarter retail revenue beat its expectations by 2% while comparable sales growth exceeded its forecast of 2%. However, the bank said there was risks to luxury goods copmanies, including terrorism, drastic political changes, pricing pressure, brand value, management execution and successor issues, perception in equity market about long-term growth, and foreign exchange rates. Steve Clayton, fund manager of the Hargreaves Lansdown Select UK Growth Shares fund, said: "This is an encouraging performance from Burberry, which looks to be at long last pulling out of the doldrums." But Clayton warned that reported growth will be held back a bit in the near term due to little new space being added and “brand control” in the wholesale channel later this year as Burberry attempts to massage its brand’s perception and positioning higher. "But with an acceleration in new product launches set for the second half of the year, the underlying progress at Burberry should improve steadily," he said. Proactiveinvestors.c |
Posted at 28/6/2017 18:39 by philanderer Strong £ doing the damage today thanks to Carney :-S'Burberry comes under pay pressure from investors' |
Posted at 18/5/2017 20:52 by philanderer Investors Chronicle:IC TIP UPDATES: Burberry (BRBY) sales continue to benefit from foreign exchange rates, although sales for the full year fell 2 per cent on an underlying basis. That doesn’t necessarily reflect a poor retail environment however, as retail sales rose 3 per cent on an underlying basis. Rather, it reflects ongoing difficulties in Burberry’s wholesale and licensing divisions. Sales there dropped 14 per cent and 48 per cent respectively. Outgoing chief executive Christopher Bailey won’t be replaced by Marco Gobbetti until July, but his closing comments claim Burberry is well positioned for future growth. More to follow, but our buy recommendation stands for now. |
Posted at 18/5/2017 12:53 by philanderer UBS view:Q: How did the results compare vs expectations? A: FY17 adjusted PBT of £462m is in line (UBSe: £460m) and DPS of 38.9p +5% y/y is slightly ahead (UBSe 38p). Net cash of £809m is significantly better (UBSe £611m). Q: What were the most noteworthy areas in the results? A: There is a new share buyback of £300m for FY18 (c.4% of market cap). Free cash flow generation beat through a combination of a cash inflow from working capital (including inventories -3% underlying) and lower capex from delayed spend. Q: Has the company's outlook/guidance changed? A: No change to underlying outlook for FY18 but the recent GBP strength impacts adj. PBT by £20m since the trading update implying consensus moves to £450m (£470m previously). Capex guided at £140m (UBSe £150m). Q: How would we expect investors to react? A: With FY17 PBT in line, we expect a positive response from the market to the better cash position, additional buyback and higher dividend. RBC view: We expect FY18 to be another year of pedestrian sales and earnings growth for Burberry, materially below sector average. Low single-digit retail LFL growth should not be enough to generate meaningful operating leverage and this should put a lid on margin expansion. Potential corporate activity and GBP changes are key risks to our thesis. |
Posted at 14/5/2017 21:11 by philanderer THE SUNDAY TIMESWhen the Burberry chairman Sir John Peace led Standard Chartered’s board, he showed a remarkable level of indulgence to the bank’s then chief executive. We all know how that worked out. While Peter Sands swanned around Davos delivering high-minded addresses, Standard Chartered wrote a succession of duff loans in Asia and copped a heavy fine in America for its lax money-laundering safeguards. Its shares have tumbled 60% from their 2013 highs. Burberry investors will be praying that history does not repeat itself. But the omens are not encouraging. For years, Peace has mollycoddled Christopher Bailey, the luxury goods maker’s creative dynamo, to an extraordinary degree. First, he handed him a £20m “golden handcuffs” pay deal. Then, in 2014, Peace installed Bailey in the chief executive’s office — left vacant by Angela Ahrendts — while allowing him to keep his creative brief. This unusual move didn’t work out, so Peace hired a new chief executive. Former Céline head Marco Gobbetti takes charge in July So has Peace finally shown Bailey who’s boss? Hardly. In an apparent attempt to avoid denting his ego, Bailey has been anointed president and, crucially, will report directly to his chairman, not his nominal boss, Gobbetti. Burberry’s revival rests on a bounce in luxury goods spending and Gobbetti’s ability to navigate its complex boardroom politics. Both are questionable. Avoid |
Posted at 28/2/2017 17:43 by philanderer 'Burberry Surges as Billionaire Albert Frere Buys 3% Stake'“Burberry has always been a good candidate for activist investors,” Zuzanna Pusz, an analyst at Berenberg, said in a note, citing a need for increased cost discipline. Frere’s Groupe Bruxelles Lambert is buying into Burberry as the European luxury-goods industry shows signs of recovery after a two-year slump. The investment comes at a pivotal time for the U.K. luxury brand, as Chief Executive Officer Christopher Bailey prepares to hand over to Marco Gobbetti, former head of LVMH-owned luxury brand Celine, in July. Frere is an independent director of LVMH |
Posted at 19/10/2016 09:10 by philanderer Sharecentre:We continue to recommend Burberry as a ‘hold’ for investors willing to accept a medium level of risk as the luxury industry is still feeling the effects of the generally slower sales rate from China after the clampdown on luxury gift giving and global economic growth remains tentative. |
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