Burberry Group Plc · LSE:BRBY
Burberry — Q3 2020 Earnings Presentation
7 slides from Burberry's earnings presentation, 2020
Slide 1: Q3 Context
Q3 2020 TRADING UPDATE Q3 CONTEXT Q3 headwinds Comp sales indexed YoY Markdown sales Hong Kong S.A.R sales indexed YoY indexed YoY Q3 2019 Q3 2020 Q3 2019 Q3 2020 Q3 2019 Q3 2020 2
Slide 2: Comparable Retail Store Sales +3%; Group Retail Sales +2% at CER
COMPARABLE RETAIL STORE SALES +3% EMEIA EMEIA ASIA PACIFIC ASIA PACIFIC Americas +HSD +LSD +LSD AMERICAS +LSD FLAT +LSD • UK + MSD % • Mainland China + MT % • Cont Europe + MT % • Hong Kong S.A.R –DD % • US + LSD % • M East + MSD% • Japan –HSD% • Korea + LSD GROUP +3% 3 LSD‐ low single digit, MSD‐ m
Slide 3: Delivering Riccardo's Product
DELIVERING RICCARDO’S PRODUCT AVAILABLE PRODUCT % of total INDICATIVE 100% Riccardo product FEB-APR ‘19 MAY-AUG ‘19 SEP-DEC ‘19 JAN-MAR ‘20 Note: mainline and digital only 5 INSPIRATION Strong response to Festive Campaign Maintaining focus on Chinese consumer inspiration Launched dedicated LNY campa
Slide 4: Responsibility; Financial Outlook for FY 2020
RESPONSIBILITY British Fashion Council’s award for positive change Walpole “Luxury with a Heart” award for driving systemic change Helping global fashion industry reduce aggregate greenhouse gas emissions New global parental leave policy 7 FINANCIAL OUTLOOK FOR FY 2020 WHOLESALE Now expecting wholes
Slide 5: Summary
SUMMARY Good performance in the quarter Continued strong response to the new product Confident in our strategy and FY 2020 outlook 9 APPENDIX
Slide 6: Disclaimer
DISCLAIMER The financial information contained in this presentation is unaudited. Certain statements made in this announcement are forward-looking statements. Such statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to d
Slide 7: Foreign Exchange Rates; IR Contacts
FOREIGN EXCHANGE RATES Forecast effective rates for Actual Exchange rates FY 2020 average exchange rates 27 December 1 November 2019 2019 FY 2019 £1= Euro 1.14 1.14 1.13 US Dollar 1.28 1.28 1.31 Chinese Yuan Renminbi 8.92 8.92 8.82 Hong Kong Dollar 9.93 9.97 10.26 Korean Won 1,501 1,500 1,460 Curren