Burberry Stock News

Shares in Burberry Group PLC (LSE:BRBY) edged higher on Tuesday, bucking weakness elsewhere in the luxury sector after Hugo Boss highlighted the challenges facing global fashion groups. The German group warned that consumer sentiment remains weak worldwide.

Citi has lifted its price target on Burberry Group PLC (LSE:BRBY) to £16, up from £12.50, citing growing signs that the British luxury brand's turnaround plan is starting to gain traction under chief executive Jonathan Akeroyd and newly appointed creative director Daniel Lee. The broker kept its ‘Buy' rating and upgraded earnings forecasts slightly across the next three financial years, followi...

Burberry's Q1 FY2026 results show slower revenue decline and better-than-expected comparable sales, but the business remains fundamentally challenged, especially in Asia. CEO Josh Schulman's cost-cutting and strategic refocus on core products are stabilizing the company, but macroeconomic headwinds in China persist. The recent share price surge has already priced in much of the Burberry Forward...

Burberry reported a smaller-than-anticipated decline in comparable retail sales for its fiscal first quarter, offering investors an early glimpse of progress in the British luxury brand's turnaround plan.

Burberry sales in the Americas rose 4% year-on-year in the fiscal first quarter, indicating the green shoots of a turnaround at the luxury brand. The luxury brand attributed the uptick to both new and existing consumers.

Burberry Group PLC (LSE:BRBY) reported an improvement in like-for-like sales for the first quarter of its new financial year, supported by improved "brand desirability" and strength in its core categories. Sales in the 13 weeks to 28 June fell 1% on a comparable basis versus a year earlier, an upswing from the 6% decline seen in the final quarter of last year and the 12% drop over the full year.

Burberry's sales fell by a less-than-expected 1% in the first quarter, as it benefited in the Americas and Europe from clearer brand positioning leaning on its British heritage, the luxury group said on Friday.

A year after Josh Schulman became Burberry's CEO with a mandate to turn the British luxury brand around, investors say they're pleased with early signs of recovery even though sales are still falling.