BURBY
Back in the black
Burberry Group is no longer wearing the “we’re in the turnaround phase” nametag quite as loudly. The luxury brand reported FY26 pretax profit of £49 million, a sharp rebound from a £66 million loss a year earlier.
That’s the kind of swing that makes investors sit up a little straighter. Profit per share also moved back into positive territory at 5.9 pence, versus a 20.9 pence loss last year. Translation: the company isn’t just trimming the fat — it’s starting to look like a business that can actually make money again.
Why you should care
Burberry has been trying to prove it can do more than sell trench coats and nostalgia. A return to profit suggests the brand may be getting better traction on pricing, costs, or demand — probably a mix of all three.
- Pretax profit: £49 million, vs. a £66 million loss last year
- EPS: 5.9 pence, vs. a 20.9 pence loss
- Adjusted profit before tax: £94 million, up from a loss a year ago
The fine print still matters
This is still just the headline snapshot, not the full victory lap. Luxury turnarounds can be fickle, and one good fiscal year doesn’t magically turn the fashion runway into a straight line.
Still, after a rough stretch, Burberry just handed investors something they’ve been craving: proof that the ship may finally be turning. Big picture: in luxury, confidence is the product — and profits are the receipt.