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    Home > Finance > Burberry shares rise 13% after sales beat expectations
    Finance

    Burberry shares rise 13% after sales beat expectations

    Published by Global Banking and Finance Review

    Posted on January 24, 2025

    1 min read

    Last updated: January 27, 2026

    The image illustrates the Burberry logo and stock chart, highlighting a 13% surge in shares following better-than-expected sales. This reflects the strong performance of Burberry in the luxury retail market.
    Burberry shares surge 13% in response to strong sales performance - Global Banking & Finance Review
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    Tags:retail tradefinancial marketsstock marketinvestorscorporate profits

    Quick Summary

    Burberry shares rose 13% after Q3 sales outperformed expectations, with a smaller than anticipated decline in comparable store sales.

    Burberry Shares Surge 13% Following Stronger-Than-Expected Sales

    LONDON (Reuters) - Shares in British luxury retailer Burberry soared by more than 13% in opening trade on Friday after its third-quarter sales fell by less than forecast.

    Comparable store sales fell 4% versus an expected a decline of 12% for the company's third quarter, which runs to Dec. 28.

    Shares were up over 13% on Friday at 12.11 pounds, having more than doubled since September last year.

    (Reporting by Samuel Indyk; Editing by Amanda Cooper)

    Key Takeaways

    • •Burberry shares increased by over 13% in early trading.
    • •Third-quarter sales decline was less than expected.
    • •Comparable store sales fell 4% against a 12% forecasted drop.
    • •Shares have more than doubled since last September.
    • •The report was edited by Amanda Cooper.

    Frequently Asked Questions about Burberry shares rise 13% after sales beat expectations

    1What was the percentage increase in Burberry's shares?

    Shares in Burberry rose by more than 13% in opening trade.

    2How did Burberry's third-quarter sales perform compared to expectations?

    Comparable store sales fell 4%, which was better than the expected decline of 12%.

    3What was the share price of Burberry after the increase?

    After the increase, Burberry shares were priced at 12.11 pounds.

    4How have Burberry's shares performed since last September?

    Burberry's shares have more than doubled since September of the previous year.

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