Burberry Group (LON:BRBY) Announces Quarterly Earnings Results

Burberry Group (LON:BRBY) announced its quarterly earnings data on Wednesday. The company reported GBX (14.80) (($0.20)) EPS for the quarter, Digital Look Earnings reports. Burberry Group had a net margin of 9.10% and a return on equity of 23.93%.

Burberry Group Price Performance

LON:BRBY opened at GBX 981.40 ($13.02) on Thursday. The company has a debt-to-equity ratio of 136.53, a current ratio of 1.66 and a quick ratio of 1.63. The firm has a market cap of £3.51 billion, a price-to-earnings ratio of 13.00, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06. The company has a 50 day moving average price of GBX 767.93 and a 200-day moving average price of GBX 908.13. Burberry Group has a 1-year low of GBX 555.61 ($7.37) and a 1-year high of GBX 1,254.50 ($16.64).

Analyst Ratings Changes

Separately, Royal Bank of Canada decreased their price objective on shares of Burberry Group from GBX 1,300 ($17.25) to GBX 1,200 ($15.92) and set an “outperform” rating for the company in a research note on Friday, March 28th.

Burberry Group Company Profile

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.