Burberry shares fell around 7% on Friday after investors were left disappointed by the luxury group’s outlook, despite the company reporting a return to sales growth across all product categories.
Burberry shares fell around 7% on Friday after investors were left disappointed by the luxury group’s outlook, despite the company reporting a return to sales growth across all product categories.
Burberry (BRBY), the British luxury brand group announced a first quarter trading update. BRBY said “I am pleased with our progress in the first quarter and the momentum we are building
The coming week promises a packed schedule of corporate earnings and economic data releases across the UK, Europe, and the United States.
The week ahead will be relatively quiet for UK company news, though updates are expected from Imperial Brands, Hays, S&U and Unite. In the US, early earnings season releases include
The coming week will feature several major company results, including updates from Carnival, Tesco, Greggs, Nike, and JD Wetherspoon. Key macroeconomic data releases include the US jobs report at the
Week Ahead: UK Corporate Earnings and Key Economic Data
Week Ahead: Central Bank Decisions and Packed UK Corporate Diary
The FTSE 100 surrendered early gains to finish lower on Friday. The blue-chip index closed down 0.1% at 9,208.21, having earlier reached an intraday high of 9,253.53.
Week Ahead: Data, FTSE Updates, and U.S. Jobs Report in Focus
The final week of August is often a quieter spell before September’s volatility. In London, results are due from JD Sports, Prudential, Bunzl and Hochschild Mining.
Key Corporate Results and Economic Data in Focus This Week
Week Ahead: Bank of England Rate Cut Anticipated Amid Heavy Corporate Calendar