4Mon·

$BRBY (+3.5%) - Profit warning and CEO dismissed!


- Resignation of the CEO

- Retail sales down 22 %

- Comparable sales down 21 %

- All regions except Japan in the red

- Abolition of dividend

- Expected operating loss in the first half of the year

- "Luxury market proving more challenging than expected"

attachment
8
6 Comments

profile image
Looks really bad. What are the chances of Burberry being acquired by LVMH or Kering, for example? 🤔
1
View all 2 further answers
Deleted User
4Mon
Comment was deleted
View all 3 further answers
Join the conversation