Earnings release
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12 March 2021 Burberry Group plc Trading Update This announcement contains Inside Information as defined in Article 7 of the Market Abuse Regulation . We are issuing an unscheduled trading update ahead of the 27th March 2021 financial year end . Since December , we have continued to see a strong rebound and now expect revenue and adjusted operating profit to be ahead of consensus expectations . Comparable store retail sales in Q4 FY2021 are expected to be in the range of + 28 % to + 32 % higher than the same period last year . For the full year , we expect group revenue to decline by -10 % to -11 % and the adjusted operating margin to be in the range of 15.5 % to 16.5 % . Our Preliminary FY2021 Results will be released on 13th May 2021 . The person responsible for arranging the release of this announcement on behalf of Burberry Group plc is Gemma Parsons , Company Secretary . Investors and analysts Julian Easthope VP , Investor Relations Media Andrew Roberts VP , Corporate Relations 020 3367 4458 Julian . Easthope@burberry.com 020 3367 3764 Andrew.Roberts@burberry.com 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 differ materially from any expected future results in forward - looking statements . Burberry Group plc undertakes no obligation to update these forward - looking statements and will not publicly release any revisions it may make to these forward - looking statements that may result from events or circumstances arising after the date of this document . Nothing in this announcement should be construed as a profit forecast . All persons , wherever located , should consult any additional disclosures that Burberry Group plc may make in any regulatory announcements or documents which it publishes . All persons , wherever located , should take note of these disclosures . This announcement does not constitute an invitation to underwrite , subscribe for or otherwise acquire or dispose of any Burberry Group plc shares , in the UK , or in the US , or under the US Securities Act 1933 or in any other jurisdiction . Notes to editors Burberry is a global luxury brand , headquartered in London Burberry is listed on the London Stock Exchange ( BRBY.L ) and is a constituent of the FTSE 100 index . Its ADR symbol is OTC : BURBY . BURBERRY , the Equestrian Knight Device , the Burberry Check and the Thomas Burberry Monogram and Print are trademarks belonging to Burberry .