For the 52 weeks ended March 28, 2026, revenue totalled £2.42 billion (US$3.26 billion), compared to £2.46 billion (US$3.31 billion) the previous year. At constant exchange rates, revenue was flat year-on-year, while reported revenue declined by 2%. Comparable store sales increased by 2%, improving from a 12% decline in FY25.
In the fourth quarter, comparable store sales increased by 5%, supported by 10% growth in both Greater China and the Americas, while Asia Pacific rose 3%. EMEIA declined 2% amid reduced tourist activity and the impact of conflict in the Middle East towards the end of the quarter. For the full year, sales in the Americas and Greater China increased by 4%, while Asia Pacific rose 2% and EMEIA remained flat.
Burberry said it strengthened brand momentum through greater cultural relevance and improved product performance, with outerwear and scarves delivering double-digit growth in the second half. Accessories were positive for the year, while leather goods improved sequentially into H2. E-commerce sales also increased by high teens, supported by enhancements to the online customer experience.
Adjusted operating profit increased to £160 million (US$215.31 million), compared to £26 million (US$34.99 million) a year earlier, while adjusted operating margin improved to 6.6% from 1.0%. Free cash flow rose 120% to £141 million (US$189.75 million), while the company said its balance sheet strengthened as debt levels improved, with leverage ratio improving.
Looking ahead, Burberry said it expects further progress in FY27, including revenue growth and margin expansion, while remaining mindful of an uncertain geopolitical and macroeconomic environment that could affect consumer confidence. The company said retail space is expected to remain broadly stable and wholesale revenue is forecast to grow by a mid-single-digit percentage in the first half of FY27.
