- Between COVID lockdowns in China and the fallout from surging inflation, luxury goods giant Burberry is facing some near-term challenges.
- Trading has so far remained robust, with the firm recording record profit in fiscal 2021/22. Management is also making the right long-term moves to enhance the perception of its brand.
- These shares have fallen around 10% since my last update and market expectations have reduced accordingly. High single-digit annualized free cash flow growth can drive significant upside.
For further details see:
Burberry: Near-Term Headwinds Mask Longer-Term Upside