Burberry Shares Surge 13% After Stronger-Than-Expected Sales

Reported about 16 hours ago

Burberry's stock jumped over 13% in early trading on Friday after the company reported third-quarter sales declines that were significantly better than anticipated. Comparable store sales fell by 4%, compared to an expected 12% drop, leading to a share price of 12.11 pounds, more than double its value since September of last year.

Source: YAHOO

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