Burberry Group Plc · LSE:BRBY
Burberry — Q1 FY23 Earnings Presentation
12 slides from Burberry's earnings presentation, Jul 15, 2022
Slide 1: Trading Update: Summary of Progress
>: EY 236° DING UPDATE "15 JULY 2022 SUMMARY OF PROGRESS Q1 FY23 comparable store sales growth +1% impacted by lockdowns in Mainland China Strong comparable stores sales growth outside Mainland China +16% Strength in EMEIA, with comparable stores sales growth of 47% driven by local clientele Brand a
Slide 2: Q1 FY23 Retail Sales Growth
Q1 FY23 RETAIL SALES GROWTH +5% £505m +% % £481m Retail revenue Comp sales Retail space Retail revenue FX Retail revenue QUFyY22 QUFY23 CER QUFY23 reported 3 Americas Q1 FY23 RETAIL COMPARABLE SALES GROWTH =». \ Asia Pacific EMEIA 52% Comp +47% EMEIA 23% FY22 Total Retail Sales APAC Comp -16% AMERIC
Slide 3: Product: Lola
PRODUCT: LOLA PRODUCT: LOLA
Slide 4: Brand & Product: Roblox Lola NFT
BRAND & PRODUCT: ROBLOX — LOLA NFT BRAND & PRODUCT: TB SUMMER MONOGRAM Gisele Bundchen Loulou Ramatuelle beach club Neiman Marcus Saint-Tropez
Slide 5: Son Heung-Min, Our New Ambassador
: SON HEUNG-MIN, OUR NEW AMBASSADOR
Slide 6: Store Roll Out
: STORE ROLL OUT BURBERRY es 12 PLATINUM JUBILEE 13
Slide 7: ESG: Sustainability
ESG: SUSTAINABILITY ESG: COMMUNITIES
Slide 8: FY23 Outlook
FY23 OUTLOOK + Medium-term guidance confirmed * Mainland China encouraging since reopening * Qtdisruption to impact phasing of operating profit into H2 + No change to guidance on retail space, wholesale, capex or the tax rate + Inflationary pressures being actively managed * Cash interest receivable
Slide 9: 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 10: Alternative Performance Measures
ALTERNATIVE PERFORMANCE MEASURES All metrics and commentary in this presentation are at reported FX and exclude adjusting items unless stated otherwise. Constant exchange rates (CER) removes the effect of changes in exchange rates compared to the prior period, It incorporates both the impact of the
Slide 11: FY23 Financial Outlook
FY23 FINANCIAL OUTLOOK Markdowns, Markdowns were fully exited in FY22 and are no longer a headwind going forward Wholesale Wholesale is expected to be broadly flat in H1 FY23 at CER Retail space Space is expected to be broadly stable in FY23 at CER PROFIT Tax rate We expect the adjusted tax rate to
Slide 12: IR Contacts
Julian Easthope VP, Investor Relations julian.easthope@burberry.com Lauren Wu Leng Director, Investor Relations lauren.wuleng@burberry.com Sophie Parker Investor Relations Coordinator sophie.parker@burberry.com IR CONTACTS 24