Luxury fashion group Burberry has seen a return to full-year profit as the fourth quarter drove strong sales across most markets.
In the 52 weeks to March 28, Burberry posted an operating profit of £115, up from a £3m loss in 2025. Profit before tax also reached £49m, a vast improvement on a loss of £66m.
Sales for the full year were fairly flat, dropping 2% from £2.46bn to £2.42bn.
Comparable store sales returned to growth of 2%, compared to a decline of 12% last year, with particular strength in greater China and the Americas in the fourth quarter.
Over the full year, comparable store sales grew across the Americas, Greater China, Asia Pacific, and were flat in the Europe, Middle East, and Africa region.
The group said it is “encouraged by the progress” and will build on it to drive performance and long-term value.
It expects progress on delivering revenue growth and margin expansion, but is “mindful” of the impact of the geopolitical and economic environment on the consumer.
Burberry chief executive officer Joshua Schulman said: “This financial year marks a meaningful inflection point for Burberry. We’ve returned to profitable comparable sales growth, with a strong fourth quarter driven by momentum in Greater China and the Americas. Our strategy is working, and there are clear opportunities for further growth.
“As we look ahead, while mindful of the uncertain macroeconomic environment, our focus is on disciplined execution of Burberry Forward. With increased brand relevance and product authority, I am more confident than ever that Burberry is firmly positioned for long-term value creation.”
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