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Burberry Sales Exceed Estimates as Digital Outperforms

Burberry Group Plc, the U.K.’s largest luxury-goods maker, reported quarterly revenue that beat estimates as shoppers spent more through digital channels.

The shares rose as much as 7.2 percent, the most since July, after Burberry said retail revenue advanced 14 percent to 528 million pounds ($866 million) in the three months ended Dec. 31. Analysts predicted 518 million pounds, according to the median of 12 estimates compiled by Bloomberg.