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home / news releases / BBRYF - Burberry: Weighed Down By CEO Departure And China Now Decent Value

BBRYF - Burberry: Weighed Down By CEO Departure And China Now Decent Value

Burberry Group plc
  • Iconic trench coat manufacturer Burberry has been an underwhelming performer since my "neutral" rated article in January.
  • Despite a good first half share price performance, the unexpected departure of the CEO has weighed on the stock. Recent ructions in China may be having an impact too.
  • The above notwithstanding, the recovery of the underlying business from COVID is progressing faster than I anticipated earlier in the year.
  • With the shares largely flat year-to-date, that makes Burberry a better value right now.

For further details see:

Burberry: Weighed Down By CEO Departure And China, Now Decent Value
Stock Information
Company Name: Burberry Group plc
Stock Symbol: BBRYF
Market: OTC
Website: burberryplc.com
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