Burberry reports smaller-than-expected dip in first-quarter comparable sales
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 18 2025
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Source: Yahoo Finance
Sales Performance: Burberry reported a smaller-than-expected decline of 1% in comparable retail sales for the first quarter, indicating early signs of recovery under CEO Josh Schulman's leadership.
Strategic Changes: The company is implementing significant cost-cutting measures, including reducing its global workforce by 20%, while focusing on leveraging its British heritage to regain customer interest amidst economic uncertainty.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
