Burberry Group PLC (LSE:BRBY)
£ 11.88 -0.065 (-0.54%) Market Cap: 4.25 Bil Enterprise Value: 5.11 Bil PE Ratio: 204.66 PB Ratio: 4.60 GF Score: 75/100

Q1 2027 Burberry Group PLC Trading Statement Call Transcript

Jul 17, 2026 / 08:00AM GMT
Release Date Price: £10.49 (-6.38%)
Catherine Ferry
Burberry Group PLC - Chief Financial Officer, Executive Director

You could call me back I'm not still.

Good morning.

I'm Kate Ferry, CFO of Burberry, and with me today are Josh Fulman, our CEO, and Joe Kennedy, Head of Investor Relations.

As you will have seen, we published our Q1 trading update this morning.

There are slides to accompany this call on our corporate website and a transcript will also be available later today.

In terms of running order, I'll go through our performance in the first quarter, and then Josh and I will be happy to take your questions.

We have continued to make progress with our Burberry Forward strategy this quarter.

Comparable retail sales grew 5% versus last year, led by continued strength in Americas and Greater China.

We sustained brand momentum through culturally relevant storytelling and activations. Driving sales and engagement across key markets.

We are cementing our authority in outerwear and scarves, with outerwear growing double-digits in the quarter, supported by

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