Burberry Says Year-End Results Will Be Impacted by Coronavirus

Burberry is one of many brands soon to talk about the impact on sales from the Coronavirus that is effecting China at this point. Many are saying that the Coronavirus will effect many top brands year end sales.  Burberry is one to admit that the bottom line will be effected.  However, they have not released a profit and sales warning to shareholders and investors of the brand.  We shall see what will happen at the posting completion of Q4 and share this insight with each reader.  We are hoping sales can bounce back as well as the health crisis in China.

 

Photo Courtesy: Burberry

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