The earnings call highlighted Burberry's return to sales growth, improvements in gross margin, and positive feedback from wholesale partners. However, challenges remain with declining overall revenue, retail traffic issues, and a decrease in wholesale and licensing revenues. Despite these challenges, the company is encouraged by new customer growth and successful cost-saving measures.

Company Guidance

During the call, Burberry provided several key metrics indicating progress in its Burberry Forward strategy. The company reported a return to comparable retail sales growth in Q2 for the first time in two years, with a 2% increase. Total revenue for the first half of fiscal 2026 was GBP 1.03 billion, and adjusted operating profit stood at GBP 19 million. The gross margin improved by 410 basis points to 67.9% compared to the previous year, attributed to a healthier inventory position, which also saw a 24% reduction in net inventory. The company is on track to achieve GBP 80 million in annualized savings by the end of the year, following an expanded restructuring program. Additionally, Burberry noted a significant increase in orders from key wholesale partners during its Summer 2026 wholesale market, reflecting a positive reception to its product offerings. Looking ahead, Burberry expects continued margin improvement and has maintained its full-year guidance, projecting no changes to retail space and expecting a mid-single-digit percentage decline in wholesale revenue for the full year.

Return to Comparable Sales Growth

In Q2, Burberry achieved comp sales growth for the first time in 2 years, with a 2% increase in the second quarter.

Improved Gross Margin

The gross margin improved by 410 basis points at constant exchange rates versus last year to 67.9%, mainly due to a healthier inventory position.

Positive Wholesale Partner Feedback

Significant increase in orders from key opinion-leading partners in the U.S. and Europe, reflecting confidence in Burberry's product and relevance.

Successful Cost Savings Program

On track to deliver GBP 80 million in annualized savings by the end of the year following an expanded restructuring program.

Strong Performance in China

Comparable retail sales growth in Greater China improved by 3% in the second quarter, supported by strong Chinese Valentine's Day sales.

New Customer Growth

18% customer growth globally in Gen Z, with higher growth rates in China, indicating successful attraction of new customers.

Burberry (GB:BRBY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:BRBY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 20, 2026	2026 (Q4)	0.18 / -	0.034	―	―	―
Nov 13, 2025	2026 (Q2)	-0.02 / <0.01	-0.183	103.28% (+0.19)	―	―
May 14, 2025	2025 (Q4)	0.05 / 0.03	0.316	-89.24% (-0.28)	―	―
Nov 14, 2024	2025 (Q2)	-0.14 / -0.18	0.421	-143.47% (-0.60)	―	―
May 15, 2024	2024 (Q4)	0.31 / 0.32	0.786	-59.80% (-0.47)	―	―
Nov 16, 2023	2024 (Q2)	0.40 / 0.42	0.443	-4.97% (-0.02)	―	―
May 18, 2023	2023 (Q4)	0.75 / 0.79	0.605	29.92% (+0.18)	―	―
Nov 17, 2022	2023 (Q2)	0.39 / 0.44	0.335	32.24% (+0.11)	―	―
May 18, 2022	2022 (Q4)	0.58 / 0.60	0.628	-3.66% (-0.02)	―	―
Nov 11, 2021	2022 (Q2)	0.22 / 0.34	0.046	628.26% (+0.29)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:BRBY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 13, 2025	1253.50p	1228.00p	-2.03%
May 14, 2025	826.80p	967.60p	+17.03%
Nov 14, 2024	731.40p	868.00p	+18.68%
May 15, 2024	1135.74p	1053.08p	-7.28%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Burberry Group PLC (GB:BRBY) report earnings?

Burberry Group PLC (GB:BRBY) is schdueled to report earning on May 20, 2026, Before Open (Confirmed).

What is Burberry Group PLC (GB:BRBY) earnings time?

Burberry Group PLC (GB:BRBY) earnings time is at May 20, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Burberry Group PLC stock?

The P/E ratio of Burberry is N/A.

What is GB:BRBY EPS forecast?

GB:BRBY EPS forecast for the fiscal quarter 2026 (Q4) is 0.18.

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