Burberry Group PLC (LSE:BRBY) remains one of JPMorgan's least-favoured luxury stocks despite signs that demand across the sector improved during the second quarter. Analyst Chiara Battistini retained an 'underweight' rating on the British fashion house, with the same for Gucci owner Kering SA (EPA:KER) (Kering SA (EPA:KER)) and Swiss watchmaker Swatch Group (SWX:UHR).
Burberry Group plc (BURBY) Q1 2027 Sales/Trading Call Transcript
Burberry posted flat sales growth for its first quarter, but noted that it saw growth across divisions for the first time in three years.
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Joshua G. Schulman CEO | XDUS Exchange | US12082W2044 ISIN |
| GB Country | 7,299 Employees | 7 Aug 2024 Last Dividend | 25 Feb 2015 Last Split | - IPO Date |
Burberry Group plc is a renowned entity in the luxury goods market, operating with a mission to manufacture, retail, and wholesale high-end products under the esteemed Burberry brand. Founded in 1856 with its headquarters situated in London, United Kingdom, the company has cultivated a rich heritage coupled with innovative design, transcending through generations. Burberry operates through two primary segments: Retail/Wholesale and Licensing, catering to a global audience. The brand's presence spans across major regions including the Asia Pacific, Europe, the Middle East, India, Africa, and the Americas, marking its significance as a global luxury leader.