Maxim Group Releases a Buy Rating on Burberry GroupBy Carrie Williams
“Same-store sales in the March quarter increased 2.0% compared with a 5.0% decline last year.”
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Burberry Group has an analyst consensus of Moderate Buy.
Burberry Group’s market cap is currently $9.8B and has a P/E ratio of 26.08. The company has a book value ratio of 4.9826.
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Burberry Group Plc is a holding company, which designs, produces, and sells products under the Burberry brand. It operates through the Retail/Wholesale and Licensing business segment. The Retail/Wholesale segment sells luxury goods through Burberry mainline stores, concessions, outlets, and digital commerce, as well as Burberry franchisees and department stores. The Licensing business channel offers global licenses of fragrances, eyewear, timepieces and European children’s wear. The company was founded by Thomas Burberry in 1856 and is headquartered in London, the United Kingdom.