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. …