Burlington Stores

Burlington Stores, Inc. engages in the retail of off-price apparel and home products. It offers women’s ready-to-wear apparel, accessories, footwear, menswear, youth apparel, baby, coats, beauty, toys, and gifts. The company was founded in 1972 and is headquartered in Burlington, NJ.

Earnings data Q4 2020

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Burlington reports Q1 comp growth below guidance, strong EPS growth

Burlington's Q1 performance fell slightly short of guidance, but with strong EPS growth. The company faces challenges related to economic health and merchandise margins, but sees opportunities in new store openings and leveraging against past mistakes.

Burlington Stores Adjusts Full-Year Guidance, Plans Store Expansion

Burlington Stores is maintaining the low end of their original comp sales and EBIT margin plan while tightening the range of their adjusted EPS guidance. The company is confident in their store expansion plans and is focused on addressing challenges in the current macroeconomic environment.

Burlington Stores, Inc. reports strong Q3 performance and outlines long-term growth plans

Burlington Stores, Inc. reported strong Q3 performance with a 6% comp store sales increase and maintained Q4 guidance. The company expressed confidence in its longer-term outlook, projecting total sales to reach $16 billion over the next 5 years. Management highlighted challenges due to warm weather and opportunities for improvement in merchandising and operational areas.

Burlington Stores reports Q4 growth, eyes off-price retail transformation

Burlington Stores navigated challenges in Q4 2022 with a focus on value, branded merchandise, and store expansion.
The company aims for 3-5% comp sales growth in 2023, with a long-term vision to strengthen its off-price retail position.
Despite margin pressures, opportunities for growth include margin expansion drivers and increased store openings.
Investments in technology and merchandising organization enhancements position Burlington Stores for future success.

Burlington Stores reports Q1 growth, eyes efficiency and younger shoppers

Burlington Stores showed solid performance in Q1 2024 with comp store sales growth and strategic investments in efficiency and value focus.
While facing challenges like economic concerns and margin impacts, the company is confident in its back-half guidance and growth opportunities.
By focusing on initiatives like Burlington 2.0 and Merchandising 2.0, Burlington Stores aims to enhance its competitive position and attract a broader customer base.
Overall, Burlington Stores is navigating market challenges while capitalizing on its strengths to drive growth and improve operational efficiency.

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Burlington Stores, Inc. engages in the retail of off-price apparel and home products. It offers women’s ready-to-wear apparel, accessories, footwear, menswear, youth apparel, baby, coats, beauty, toys, and gifts. It operates through the following segments: Ladies Apparel, Accessories and Shoes, Home, Mens Apparel, Kids Apparel and Baby, and Outerwear. The company was founded in 1972 and is headquartered in Burlington, NJ.

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Demand from younger shoppers should benefit off-price apparel retailers like Burlington Stores (BURL), Ross Stores (ROST), and TJX (TJX), according to Bank of America analysts.

Younger Consumers Can Lift These 3 Retail Stocks, Bank of America Says

Does Burlington Stores (BURL) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Burlington Stores (BURL) is a Great Choice

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why Burlington Stores (BURL) is a Strong Value Stock

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Costco, The TJX Companies, Target and Burlington have been highlighted in this Industry Outlook article.

Zacks Industry Outlook Costco, The TJX Companies, Target and Burlington

Better pricing, effective inventory management and operational initiatives are likely to drive Retail-Discount Stores companies. COST, TJX, TGT and BURL look well placed.

4 Retail Discount Stocks to Seize Opportunities Despite Industry Woes

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As Burlington Stores CEO Michael O'Sullivan discussed the company's strong fiscal results during its second-quarter earnings call (Aug. 29), he offered his thoughts related to strategic changes and their positive impact. “Over the past 18 months the external environment has become more favorable,” O'Sullivan said.

Burlington Stores CEO Says Lower-Income Shoppers Gaining Amid Economic Shifts

BURLINGTON, Ontario, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Ashwood Glen School proudly announces its certification as an International Baccalaureate (IB) World School for the Primary Years Programme (PYP) , becoming the sole provider of this prestigious program in Burlington, Ontario.

Ashwood Glen School Achieves Official IB Accreditation as Burlington's Exclusive World School for the IB Primary Years Programme

Burlington Stores (BURL) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, BURL crossed above the 20-day moving average, suggesting a short-term bullish trend.

Burlington Stores (BURL) Crossed Above the 20-Day Moving Average: What That Means for Investors

Burlington Stores (BURL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Burlington Stores (BURL) Upgraded to Buy: Here's Why

Here is how Burlington Stores (BURL) and Industria de Diseno Textil SA (IDEXY) have performed compared to their sector so far this year.

Is Burlington Stores (BURL) Stock Outpacing Its Retail-Wholesale Peers This Year?

Burlington Stores posted strong Q2 2024 results with a 13% YoY sales increase and 5% comp sales growth, beating both management and Wall Street expectations. New store openings and accelerating comp sales growth, particularly in full-price sales, drove revenue and margin improvements, leading to an EBIT margin increase of 160 bps. Despite a cautious outlook for H2 2024 due to potential higher ocean freight costs, BURL upgraded its full-year EBIT margin and EPS guidance.

Burlington Stores: Best-In-Class Off-Price Retailer

I recommend a buy rating for Burlington Stores (BURL) due to solid growth momentum and conservative management guidance likely to be beaten. BURL's 2Q24 results beat expectations with 13.4% retail sales growth and a 5% comparable store growth (CSG), indicating strong demand. Favorable macro conditions and robust back-to-school trends suggest continued strong CSG, with potential for upward guidance revisions and positive forward PE rating.

Burlington Stores: Expecting A Beat & Raise In The Next Quarter

BURL's Q2 earnings results highlight a comparable store sales increase of 5%. The fiscal 2024 earnings view has also been raised.

Burlington Stores' Q2 Earnings Beat Estimates, Fiscal 2024 Outlook Raised

Burlington Stores (BURL) Thursday posted a higher-than-estimated doubling of its profits and raised its outlook for the year, although it warned about increasing ocean shipping costs.

Burlington Stores Boosts Profit Outlook as Sales Exceed Expectations

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The financial results for four major retailers — Kohl's, Burlington Stores, Dollar General and Five Below — in the second quarter of 2024 highlighted a range of performances and strategic responses. From growth and resilience to challenges and adjustments, their fiscal performances provide insights into how they are navigating the evolving retail environment.

Kohl's, Burlington, Five Below and Dollar General Pivot as Consumers Seek Deals

Burlington Stores, Inc. (NYSE:BURL ) Q2 2024 Earnings Conference Call August 29, 2024 8:30 AM ET Company Participants David Glick - Senior Vice President, Treasurer & Investor Relations Michael O'Sullivan - Chief Executive Officer Kristin Wolfe - Executive Vice President & Chief Financial Officer Daniel Delrosario - Investor Relations Conference Call Participants Matthew Boss - JPMorgan Ike Boruchow - Wells Fargo Lorraine Hutchinson - Bank of America John Kernan - TD Cowen Brooke Roach - Goldman Sachs Alex Straton - Morgan Stanley Adrienne Yih - Barclays Dana Telsey - Telsey Group Operator Hello, and welcome to Burlington Stores, Incorporated Second Quarter 2024 Earnings Webcast and Conference Call. Please note that everyone has joined on mute to avoid any background noise.

Burlington Stores, Inc. (BURL) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Burlington Stores (BURL) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Burlington Stores (BURL) Reports Q2 Earnings: What Key Metrics Have to Say

Burlington stock surged early Thursday after the discount retailer easily cleared earnings views and raised its 2024 guidance.

Burlington Adds To 40% Rally On Big Q2 Beat, Hiked Outlook

Burlington Stores (BURL) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.60 per share a year ago.

Burlington Stores (BURL) Tops Q2 Earnings and Revenue Estimates

BURLINGTON, N.J., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, today announced its results for the second quarter ended August 3, 2024.

Burlington Stores, Inc. Reports Second Quarter 2024 Earnings

Burlington has shown strong traction in executing its business model, driving better foot traffic and margin growth. Company is likely to deliver another strong Q2 and have another beat and raise quarter. Burlington's valuation is attractive on a PEG basis, trading at 0.75x compared to peers, with potential for 25% EPS growth over the next three years.

Burlington Stores: Poised For Next Leg Of Growth

Burlington Stores' Q2 earnings results are likely to reflect strategies focused on delivering value and attracting trade-down shoppers.

Burlington Stores Q2 Earnings on the Deck: Factors to Note for BURL

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Burlington Stores (BURL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended July 2024.

Stay Ahead of the Game With Burlington Stores (BURL) Q2 Earnings: Wall Street's Insights on Key Metrics

When the economy abounds with liquidity and low interest rates, such as the 2020-2022 period, markets tend to focus on the more exciting growth stories available for investment. These stories were mostly focused on the technology sector, particularly semiconductor stocks that enabled the rise and adoption of artificial intelligence trends.

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