Burberry Results - Willu Invest

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    Burberry Results

    Third quarter results stated:

    Third Quarter Retail Revenue GBP719M
    Third Quarter Reported Retail Sales Down 2%
    Third Quarter Underlying Retail Sales Up 1%
    Third Quarter Comparable Sales +2%
    Retail Sales Fell 2% in third quarter; Backs Guidance
    On Track to Deliver Cumulative Cost Savings of £60M in Full Year 2018
    Expects to See Marginal Reduction in Tax Rate from 2018 Due to U.S. Tax Reform

    As of 8.45am the stock was trading down c.6.4% at c.1671p


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