Burberry says turnaround on track as Americas and China fuel strong growth 

Burberry said this fiscal year marked a "meaningful inflection point," as it posted quarterly results, boosted by the important Americas and China markets.

Comparable sales grew 2% over the fiscal year, boosted by a 10% growth in both the Americas and China in the quarter ended March, the British luxury outerwear maker said.

"All boxes ticked, execution firmly on track," said Citi analysts after the print.

Full-year revenue came in largely in line with expectations at £2.4 billion ($3.25 million), flat at constant exchange rates. 

"We've returned to profitable comparable sales growth, with a strong fourth quarter driven by momentum in Greater China and Americas," CEO Joshua Schulman said in a statement.

"Our strategy is working and there are clear opportunities for further growth."

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