Burberry Group rallies after reporting Asia-led rise in sales [MarketWatch]
BURBERRY GROUP PLC S/ADR (BURBY)
NASDAQ:AMEX Investor Relations:
burberryplc.com/en/investors.html
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Source: MarketWatch
Burberry Group rallies after reporting Asia-led rise in sales Burberry Group BRBY, +11.73% shares rose nearly 9% in London trade as the company reported a 4% rise in comparable-store sales in the June-ending quarter. The company said that was led by a high single-digit percentage gain in the Asia Pacific region, driven by mainland China. Burberry maintained its outlook for a "broadly stable" top line and operating margin at constant exchange rates.
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