Burberry Share Discussion Threads

[ronan7] 29/11/2011 15:55

great advert for company on you tube

tram rage.....

child woman holding has a burberry hat

you can not buy this kind of publicity


hehe

[lucky_punter] 21/11/2011 12:32

Iconic Burberry remain resilient

[investrology] 15/11/2011 07:23

wrong thread :)

[miata] 10/10/2011 08:41

10 Oct Burberry Group PLC BRBY Goldman Sachs Conviction Buy 1,254.00 2,203.60 2,203.60 Retains

BUY

[darias] 20/9/2011 10:35

Well received fashion show yesterday

[philo124] 15/9/2011 08:58

Looks like it!

[droid] 14/9/2011 11:36

About to break out of downtrend ?

[philo124] 07/9/2011 18:57

Nice Rise today.

[miata] 02/8/2011 16:34

With a high P/E and a low yield it was inevitable it would fall faster than the FTSE. 1200p buy level anyone?

[ebeing] 02/8/2011 14:34

A big Sell-Off on this one - I admit it was overbought at 1600 but it gave strong results - can't see why this tailed off so much - still I will wait for further weakness and buy it back for a long

[miata] 26/7/2011 13:38

RBS downgrade. Support below 1450p??

[philo124] 13/7/2011 08:11

Very Good 1st Quarter.

[philo124] 01/7/2011 12:22

Will we see £15?

[philo124] 09/6/2011 07:58

Generous Director packages in RNS'S.

[eddie1980] 07/6/2011 14:04

How will spending £200m dent margins?

[miata] 26/5/2011 11:28

Not good enough.

In line with April projection.

To spend £200million on reburbishment/expansion which will dent margins.

Profit warning by Ralph Lauren (related to cotton prices).

Investec: Buy, target 1440p.

[dashton42] 26/5/2011 07:05

These results look good to me!

[philo124] 21/4/2011 18:58

V Good finish.

[dnevets] 19/4/2011 12:22

LONDON (Dow Jones)--Shares Burberry PLC (BRBY.LN) hit an all-time high Tuesday after the British luxury group reported a 30% rise in second-half revenue and said full-year pretax profit would be at the top end of market expectations, in a clear sign that its expansion in China is paying off.

The clothing and accessories retailer--known for its classic raincoats and famous red, black and camel colored check design--said total revenue rose to GBP860 million for the six months to the end of March, up from GBP657 million a year earlier.

Chief Financial Officer Stacey Cartwright said she is confident that Burberry's progress, driven by strong growth in Asia Pacific and the Americas, means full-year pretax profit should come in at the top end of analysts' expectations, which range between between GBP279 million and GBP300 million.

"Burberry had a strong finish to the year, driven by our design, digital marketing and retail initiatives, as well as good early progress in China," Chief Executive Angela Ahrendts said.

Burberry has extended its brand ownership over the past few years and added 50 Chinese franchise stores to its retail business in July 2010 at a cost of GBP70 million. The company now owns and controls its entire store portfolio in China, where same-store sales grew around 30% in the second half.

Retail revenue, which increased 42% at constant currencies, now accounts for nearly 70% of company revenue. The wholesale business also performed strongly, with revenue up 29%, ahead of expectations of a rise in the high teens.

At 1010 GMT, Burberry shares were trading up 4.9% at 1203 pence, having hit an all-time high of 1245 pence earlier in the session. They have risen by around 75% over the past 12 months amid expectations the company will outperform a strong global luxury market.

"While the shares are trading on a premium to its luxury peers, we believe this is more than justified by the fact that we are forecasting Burberry to grow profits at least twice as fast as its main peers," Seymour Pierce analyst Kate Calvert said.

The brokerage said it will raise its estimates for 2012, which currently stand at pretax profit of GBP355 million and earnings per share of 58.2 pence. Seymour Pierce maintained its buy recommendation and will also review its target price of 1300p.

Luxury retailers have enjoyed a strong turnaround in their fortunes after the global economic crisis wiped the shine off high-end sales in 2009, driven by growth from emerging markets, particularly China which has proved a powerhouse of sales both in the country itself as well as from Chinese tourists buying luxury goods in Europe.

[philo124] 19/4/2011 07:48

VERY GOOD UPDATE.

[cat] 08/2/2011 22:28

£15 target then

chart looks set for a breakout too

[nellie1973] 08/2/2011 16:42

Broker notes out

[sponges] 02/2/2011 08:30

looking good this morn !

[nellie1973] 28/1/2011 14:23

Broker upgrade today