According to a report by Deutsche Bank, Burberry is set to announce its fourth-quarter performance, with expectations of weak results, a trend likely to continue into the next quarter. Burberry has already revised its adjusted pre-tax profit target for the 2024 fiscal year twice to between £410 million ($557.6 million) and £460 million ($625.6 million), while Deutsche Bank has lowered its forecast by 8% to £395 million ($536.2 million) and believes the company’s outlook for the 2025 fiscal year remains largely unchanged. As of the time of writing, Burberry’s stock price has dropped by 1% to £11.90 ($16.18) and has fallen by 53% over the past 12 months, currently valuing the company at approximately £4.4 billion ($5.98 billion).