Burberry Sees 0.91% Growth in Q3, Reaches €764 Million

Burberry grew by 0.91% in the third quarter of the fiscal year, to reach a turnover of 665 million pounds (764 million euros). The British luxury company, however, would have exceeded market expectations with a 3% advance in comparable sales for the three months ended December 27, 2025.

This is a turnaround, considering that in the same period of 2024 comparable sales fell by 4% to 659 million pounds (757 million euros), the company said in a statement on Wednesday.

Comparable store sales in the third quarter advanced, driven by China, where they rose 6%, doubling the growth of the second quarter. It also posted a positive performance in the Asia Pacific region, which was up 5%, with South Korea leading the growth. The Americas region, meanwhile, posted a 2% increase, while Emea remained unchanged.

China and Asia Pacific have led Burberry’s growth in the last three months.

Burberry CEO Joshua Schulman highlighted the “strength” of the main category, outerwear, which “is extending to accessories and ready-to-wear,“ he said. He also emphasized comparable sales growth and “improved revenue quality across all channels and geographies”.

In this context, Burberry expects a negative impact on its fiscal 2026 result linked to foreign exchange rates. The expected impact is approximately £50 million (€57.4 million) on revenue and a further £5 million (€5.7 million) on adjusted operating profit.

Burberry already regained traction in the first half of the financial year. The company posted revenue of £1.032 billion (€1.21 billion), down 5% and down 3% at constant rates. The performance showed a moderation compared to the 20% drop recorded a year earlier.