Latest news with #BurberryGroup
Telegraph
3 days ago
- Business
- Telegraph
Burberry boss paid £400,000 to move house after sacking 1,700 staff
Burberry's new chief executive has been handed a £380,000 allowance to help fund his move from New York to London. Joshua Schulman was given the perk as part of his joining package last July, when he was parachuted in to help revive the ailing luxury fashion retailer's fortunes. This included £135,000 for temporary accommodation and £120,000 for 'home search assistance and transportation of goods'. He was also given access to a monthly £25,000 housing allowance that he can draw upon for 18 months. Five months of the allowance have already been used, according to company filings, amounting to £125,000. Since taking over at Burberry, Mr Schulman has been tasked with spearheading a radical turnaround aimed at restoring profits. This led to him unveiling plans earlier this month to cut around 1,700 jobs, accounting for 20pc of the company's global workforce. Burberry's annual report shows its workforce has already been shrinking. Over the last financial year it fell from 9,336 to 8,459. The Telegraph revealed in July that the business was preparing to sack hundreds of staff across its UK offices. As well as receiving a lucrative housing allowance, Mr Schulman has also been handed a £1.2m annual salary. In total, he received £2.56m during his first nine months in the job. He is not alone in receiving a relocation allowance after being appointed as chief executive of a London-listed company. Luis Gallego, chief executive of British Airways owner International Airlines Group, was previously given £500,000 to help him pay for his homes in Madrid and London. Trade war hits sales Mr Schulman's turnaround plan, which has been dubbed Burberry Forward, aims to focus the high-end brand on the 'spirit of Britain'. He said late last year that he would revive Burberry, which was founded in 1856, by emphasising its 'quintessentially British' heritage. However, Donald Trump's trade war and a slowdown in China have dampened sales in recent months, with Burberry sinking to a £66m loss in the year to April from revenues of £2.4bn. Following the results in May, Mr Schulman said: 'While we are operating against a difficult macroeconomic backdrop and are still in the early stages of our turnaround, I am more optimistic than ever that Burberry's best days are ahead and that we will deliver sustainable profitable growth over time.' Optimism surrounding Mr Shulman's turnaround plan has lifted Burberry's share price by 13c over the past six months, giving the company a market cap of £3.7bn. Burberry was contacted for comment.
Yahoo
5 days ago
- Business
- Yahoo
Barclays Upgrades Burberry (BURBY) to Equal Weight, Raises PT as Brand Concerns Ease
On Tuesday, Barclays analyst Carole Madjo upgraded Burberry Group (OTC:BURBY) to Equal Weight from Underweight, and increased its price target from 720 GBp to 1,000 GBp. This shift reflects a decrease in Barclays' concerns regarding the potential dilution of Burberry's brand equity. A luxury apparel store, showcasing the high-end brand offerings. Barclays had previously downgraded Burberry due to worries about a lack of a disciplined full-price strategy, markdown initiatives, high exposure to outlets, and potential changes in management strategy. However, the firm now notes that these risks have not materialized over the past few months. Specifically, markdown activity in November 2024 did not appear to harm the brand image. The renewed brand strategy, which focuses on offerings like outerwear and scarves, aligns more closely with Burberry's DNA. While it's early to determine if new products will translate into sales success when they hit stores in calendar H2, successfully navigating a markdown phase without brand damage is seen as a positive. Burberry Group (OTC:BURBY) manufactures, retails, and wholesales luxury goods under the Burberry brand. While we acknowledge the potential of BURBY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BURBY and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
3 UK Stocks Estimated To Be Trading At Discounts Of Up To 43%
The United Kingdom's stock market has recently faced challenges, with the FTSE 100 index experiencing declines due to weak trade data from China and falling commodity prices impacting major companies. As global economic uncertainties continue to influence market performance, identifying undervalued stocks becomes crucial for investors looking to capitalize on potential opportunities. In this context, understanding which stocks may be trading at significant discounts can provide valuable insights into potentially promising investments amidst current market conditions. Name Current Price Fair Value (Est) Discount (Est) Begbies Traynor Group (AIM:BEG) £0.978 £1.67 41.6% Savills (LSE:SVS) £9.66 £16.50 41.5% Aptitude Software Group (LSE:APTD) £2.79 £5.15 45.8% Property Franchise Group (AIM:TPFG) £4.80 £8.15 41.1% Informa (LSE:INF) £8.012 £15.29 47.6% Duke Capital (AIM:DUKE) £0.28 £0.54 48% SDI Group (AIM:SDI) £0.752 £1.38 45.6% Vistry Group (LSE:VTY) £6.142 £11.37 46% Entain (LSE:ENT) £7.706 £14.01 45% Deliveroo (LSE:ROO) £1.749 £3.07 43% Click here to see the full list of 50 stocks from our Undervalued UK Stocks Based On Cash Flows screener. Let's take a closer look at a couple of our picks from the screened companies. Overview: Burberry Group plc, along with its subsidiaries, is engaged in the manufacturing, retailing, and wholesaling of luxury goods under the Burberry brand, with a market cap of approximately £3.63 billion. Operations: The company's revenue is primarily derived from its Retail/Wholesale segment at £2.40 billion, with an additional contribution of £67 million from Licensing. Estimated Discount To Fair Value: 33.9% Burberry Group is trading 33.9% below its estimated fair value of £15.29, suggesting it may be undervalued based on cash flows despite recent challenges. The company reported a net loss of £75 million for the year ended March 2025, with sales declining to £2.46 billion from £2.97 billion the previous year. While earnings are forecast to grow significantly over the next three years, recent guidance indicates a mid-teens decline in wholesale revenue for early fiscal 2026. Our expertly prepared growth report on Burberry Group implies its future financial outlook may be stronger than recent results. Get an in-depth perspective on Burberry Group's balance sheet by reading our health report here. Overview: Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe, with a market cap of £6.16 billion. Operations: The company generates revenue primarily from Retirement Solutions, which accounts for £4.46 billion. Estimated Discount To Fair Value: 21.5% Phoenix Group Holdings is trading 21.5% below its estimated fair value of £7.87, highlighting potential undervaluation based on cash flows, despite a net loss of £1.09 billion for 2024. The company anticipates becoming profitable within three years, with earnings projected to grow significantly by 94.78% annually, although revenue is expected to decline by 23.9% per year during the same period. Recent board changes include appointing Sherry Coutu as a director effective May 2025. Our comprehensive growth report raises the possibility that Phoenix Group Holdings is poised for substantial financial growth. Navigate through the intricacies of Phoenix Group Holdings with our comprehensive financial health report here. Overview: Deliveroo plc operates an online food delivery platform across several countries including the United Kingdom, Ireland, France, and others, with a market cap of £2.62 billion. Operations: The company's primary revenue segment is the operation of an on-demand food delivery platform, generating £2.07 billion. Estimated Discount To Fair Value: 43% Deliveroo is trading 43% below its estimated fair value of £3.07, presenting potential undervaluation based on cash flows. The company's revenue grew to £518 million in Q1 2025 and is forecasted to grow faster than the UK market at 8.2% annually. Despite significant insider selling recently, Deliveroo's earnings are expected to grow by 67.37% per year, with profitability anticipated within three years, driven by strategic developments like the proposed acquisition by DoorDash for approximately £2.7 billion. The analysis detailed in our Deliveroo growth report hints at robust future financial performance. Unlock comprehensive insights into our analysis of Deliveroo stock in this financial health report. Take a closer look at our Undervalued UK Stocks Based On Cash Flows list of 50 companies by clicking here. Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include LSE:BRBY LSE:PHNX and LSE:ROO. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
18-05-2025
- Business
- Yahoo
Burberry Group plc (LON:BRBY) Analysts Are Pretty Bullish On The Stock After Recent Results
The investors in Burberry Group plc's (LON:BRBY) will be rubbing their hands together with glee today, after the share price leapt 31% to UK£10.05 in the week following its yearly results. It was a pretty bad result overall; while revenues were in line with expectations at UK£2.5b, statutory losses exploded to UK£0.21 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Following last week's earnings report, Burberry Group's 15 analysts are forecasting 2026 revenues to be UK£2.46b, approximately in line with the last 12 months. Burberry Group is also expected to turn profitable, with statutory earnings of UK£0.19 per share. In the lead-up to this report, the analysts had been modelling revenues of UK£2.47b and earnings per share (EPS) of UK£0.18 in 2026. So the consensus seems to have become somewhat more optimistic on Burberry Group's earnings potential following these results. Check out our latest analysis for Burberry Group The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 6.0% to UK£9.84. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Burberry Group at UK£14.00 per share, while the most bearish prices it at UK£4.90. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business. Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. It's pretty clear that there is an expectation that Burberry Group's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 0.02% growth on an annualised basis. This is compared to a historical growth rate of 3.2% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 6.4% per year. Factoring in the forecast slowdown in growth, it seems obvious that Burberry Group is also expected to grow slower than other industry participants. The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Burberry Group's earnings potential next year. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Burberry Group's revenue is expected to perform worse than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving. With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Burberry Group going out to 2028, and you can see them free on our platform here.. You should always think about risks though. Case in point, we've spotted 1 warning sign for Burberry Group you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-05-2025
- Business
- Yahoo
Burberry Group Full Year 2025 Earnings: UK£0.21 loss per share (vs UK£0.74 profit in FY 2024)
Revenue: UK£2.46b (down 17% from FY 2024). Net loss: UK£75.0m (down by 128% from UK£270.0m profit in FY 2024). UK£0.21 loss per share (down from UK£0.74 profit in FY 2024). We've discovered 1 warning sign about Burberry Group. View them for free. All figures shown in the chart above are for the trailing 12 month (TTM) period The primary driver behind last 12 months revenue was the Retail/Wholesale segment contributing a total revenue of UK£2.40b (97% of total revenue). The largest operating expense was General & Administrative costs, amounting to UK£1.54b (95% of total expenses). Explore how BRBY's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Luxury industry in Europe. Performance of the market in the United Kingdom. The company's shares are up 31% from a week ago. Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Burberry Group that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
