3Mon·

$BRBY (-4.54%) - 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"

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6 Comments

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Looks really bad. What are the chances of Burberry being acquired by LVMH or Kering, for example? 🤔
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3Mon
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