• 11/25/2024

Burberry Backs Outlook After 2023 Improvement

Wall Street Journal

Burberry reported above-forecast earnings for fiscal 2023, and said that despite the uncertain environment, it was confident of meeting its 2024 and medium-term targets, but its shares fell sharply on likely profit taking.

https://www.wsj.com/articles/burberry-fy-2023-profit-rose-on-core-progress-mainland-china-growth-backs-current-year-views-2029fea7